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RE: Reddit to monetize via ERC20 // Thoughts

in OCD4 years ago

What Reddit did with ERC20s is something im hoping SMTs will do on a much wider basis. If reddit sees value in tokenizing content then im sure thousands of other sites, social media platforms, blogs might see value in it as well.

And SMTs will allow even those that lack a technical background to monetize their platform.

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Well, SMTs will allow every website to tailor their token according to their own needs without having to involve the base layer tokens of HIVE with the process.

That's why getting SMTs out is so important. It will serve Hive by increasing traffic on chain, which in turn will increase organic demand of RCs and Hive Power.