I love text it's the best clean and simple. SMT in short will just be so people have the ability to add a comment section like we see on Steemit on your own website. So people can upvote content all over the web and earn real Token value.
Tokenize the Internet that will say. We will probably eventually see some developer make so you will be able to upvote everywhere eventually. For example Telegram and Discord are currently un-monetized places at the moment. In a logical future it would be no place that would be un-monetized.
You have explained SMTs in a non-technical manner that can be understood by anyone @phoneinf. Cheers to you buddy. No wonder why people are dying to see them getting released. :-D Haha! Money Money everywhere. It will change the game for real content creators using services that are not making them money from the day one itself.
Haha yes exactly. Money everywhere. But I still think the major key will be to get that money streaming and flowing in the system! That will say that the higher value will be all the micro transactions of value. And the Quality Relationships and Quality Communication we build up. Since the real currency in this day an age is becoming Time and Attention.
That means that we never want Tokens to be sitting still inside of our account. We always want it to go back to work... I hope we can keep the Steem price down for a few more months so I can load myself up with some more awesome Steem. Then we can start the real Roller Coaster into heaven... 🎢
I can't wait for the revolution SMTs will usher in! The potential Steemit has created for society to become masters of their creations/content will, I believe, change the world. I have basically given up on the wider internet since I discovered that potential, using it merely as a reference to back up the content I discover here on Steemit, because I think in the future, and Steemit/Steem/SMT's is the future.
I have kinda missed the internet, a little, though, and can't wait for SMTs to make it worthwhile to contribute to the posts and comments that have become little more than trollbait.
Monetized upvotes make civility relevant again, and practically eliminate the incessant denigration of pseudonymity that has threatened free speech in the wake of what is little more than verbal vandalism pseudonymity has potentiated.
Some may think it odd, but I believe SMTs existentially critical to protecting free speech, countering both corporate/enemedia profiteering and trolling, leaving but true security threats and spam as reasons to attack anonymity/pseudonymity.
It is hard to imagine how the potential of monetization will impact cesspits like the chans and Youtool, but I expect the same impact on trolling that has been evident on Steemit will utterly transform those platforms particularly.
I, for one, can't wait.
Awesome comment! I agree 100%!
Since I run a YouTube channel with over 1 million subscribers it scares me to view the comments since nobody has any care about how they behave. Since there is no reputation system or monetary system it's full on madness in there between Rich and Poor. On these new platforms you can build yourself up by working hard and you can eventually have real influence! It's full 100% communism on the other platforms since you can't build yourself up there haha. Or well you can in a way but you have to sort of manipulate others that is the game.
Just as you sort of is saying hopefully SMTs can really increase engagement because it's clear that we notice that STEEM more works on the backside as electricity and how that will be harder to get access to in the future. While these new Tokens will be easier and more fun to get a hold on. Since you are part of something when it starts.
One of the best parts on Steemit of course is no weird 3rd party advertiser trying to boost something. But it will really be fascinating to watch companies becoming involved and be chatty with the community. They are currently just discovering Instagram, Facebook, YouTube and Twitter. But it's still very non personal communication since they don't really see the big point of it. But here with the underlying monetary reward system it really really makes sense to truly engage in a legit way!
Clearly one of the most fascinating things is the ability to rent out power in a safe way with no risk. Was shocked when I first discovered that. Truly a paradigm shift in how you can do business. Everytime I open up my traditional Bank everything is slow and complicated. This is just so much more smooth and I trust the currency so much more since I am personally involved more in how things are being developed and I can have a close look at things daily. Compared to these Fiat currencies where I have no idea what goes on behind the scenes. I also love the transparency here it creates a lot of trust.