Smart Media Tokens (SMTs): Totally Unique And Household Names Looking At Them!!!!!

43 comments

taskmaster44508 years agoSteemit3 min read

google images

There is a lot of

in the crypto world. We see it each day with stories about something in this industry that is going wrong. The MSM likes to serve it up with a backhoe to make sure nobody forgets how "dangerous" and "worthless"

is.

Sadly, we see a lot of that mindset on Hive. Many believe that Hive, since it is not a perfect system, is going to collapse. We all know the challenges, which people use to justify the negativity. Add in a bit of terrible

action over the past two months and there is a recipe for full blown FUD.

Fortunately, those who buy into this stuff have little idea of what is going on.

I posted yesterday about this sign up process being reworked so that it will speed things up. This is something that we should see improve in the next 2-4 weeks.

During the same interview, there was also some tidbits that came out about Smart Media Tokens (SMTs).

If you are not familiar with this

, it is a good idea to do some research. The SMT

is a

enhancement that allows anyone to run some basic

software and create a

of their own.

In other words, any

is able to come to the

and develop a token personal to that particular website.

What makes this unique is the nuances of the Token Creation.

-Out of the box

based around content creation and a

system.
-Low barrier to entry for fundraising
-Reward sharing across community organizers, content creators, commentors, and publishers.
-

All this is makes the Smart Media Token package unique. These four nuances are not found anywhere. No other blockchain has it.

What is most beneficial is the concept is already proven to work. It solves real world problems and Hive is the example of that. Each day, people log onto the

on this blockchain and

content. At the same time, they

and

. All rewards are distributed to the different parties involved according to the parameters established by the application.

@pkattera made a very interesting observation.

He stated that SMTs are the first system where the

of the publishers and the community are aligned. That really sums up what the potential is with SMTs. Instead of being in an adversarial relationship, where the publisher are trying to get the users to buy something, now both are incentivized through the

What is really exciting is this quote located at 13:57 of the video....

"We're seeing some really big publishers come through who are interesting in our Smart Media Tokens and the reason..and some of these are quite big household names..you know, our jaws dropped to be honest with you."

Some of these are quite big household names....

I don't know about you but news like this, to me, doesn't exactly suck.

Perhaps Hive will not be flying under the radar for too much longer. The

might not be aware of it but some big players in the publishing world obviously do.

That is why following speculation and buying into the FUD of the market is not a sound practice. Watch what is taking place on the blockchain. There is real the future is being created.

To view full video.......