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RE: Will Hive stay a niche blockchain & cryptocurrency?

in Hive Improvement4 years ago

I was under the impression that SMTs will fulfill the second layer reward mechanism and the global reward pool would be abolished completely or at least cut down massively.
Hive would turn into a utility token and only allocate towards the DAO, witness rewards and provide RCs and serve as stake for witness and DAO voting.

I would expect most SMTs to fail, like most HE tokens. Some will succeed and serve a broader set of communities as currency.