If This Is True...Kaboom For Steem
A $20M fund to foster development on the Steem Blockchain using SMTs....this could be huge
http://www.ibtimes.co.uk/global-blockchain-technologies-announces-20m-fund-invest-steem-smts-1647127
A $20M fund to foster development on the Steem Blockchain using SMTs....this could be huge
http://www.ibtimes.co.uk/global-blockchain-technologies-announces-20m-fund-invest-steem-smts-1647127
CEO of Steemit Ned Scott said:
Thanks for the link to the article. This can only be good for Steemit... I just hope the best for Steem and its users. We all could use a good shot in the arm at this point!
SMT's could be the gamechanger. If they can be combined with any existing site.....
I dont think the tokens created using the SMTs will be combined.....the tokens will be operating on the Steem blockchain which will add to their value. The more on the blockchain, the more valuable the entire entity.
So each site will launch its own token on the steem blockchain? These will be individual tokens but all based on the steem model. Steem will be needed to start any project and a steem account. More demand for steem tokens should in theory make them much more valuable and push the price. I have read the whitepaper but there is a lot in there.
thanks for posting this and the link. @taskmaster4450, this is great news.
Now maybe Steem will go up a bit in value, hope, hope :)
Value in terms of market conditions might or might not reflect what is actually going on with the blockchain.
The fact that there are deals going down which will lead to development on this chain. This is huge and will eventually be reflected in the token price.
yes, the future looks very bright for Steem
Thanks for the link to the article. This can only be good for Steemit.
good topic
Interesting. Thanks for sharing
We'll see how big it is
More great news for Steem! It's puzzling to me that the recent news as well as the recent improvments to the platform is not moving the price much. It's actually drifting in a low range during this bitcoin turmoil. It seems that Steem gets more undervalued every week. I truly believe the price will adjust correctly in time.
Im just trying to pick up more now while it is in the 80 to 90 cent zone. Maybe i am wrong but if everything goes to plan this could be a very low price for it.
I'm doing the same. I believe this is a great price to get in as well.
Great find! Between the bot FUD and the constant good news, my mind is spinning... but I'm optimistic :D