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RE: Steemit: The Next Generation
@glenalbrethsen As was said months ago Steemit inc is aiming to strengthen the steem blockchain by growing the steem ecosystem. Even though Steemit is a major player for the steem blockchain they may just be looking at the bigger picture by trying to focus on SMT's.
And it looks like a really big picture. I get why they're doing it, too. It will probably be the single most effective thing they can do to get more people to use STEEM. SMTs are meant to bring entrepreneurs to STEEM, which in turn will bring more people—consumers—to STEEM.
I'd hate to see the social media platform we're creating, even with all it's current warts, get lost in the potential stampede of smart media tokens. Of course, if I can manage to figure out something to do and then successfully launch my own token, I will undoubtedly be singing a different tune. :)