"good news" "exciting news" "amazing news"
WHY? / ANALYSIS
Let's hear WHY you guys think it's good news?
I'd love to hear analysis or about projects that are going that will use SMT
Why should the average Steem user care?
These companies will use the blockchain to do their own projects creating new non-steem coins. This has been rough on ethereum at times. There's a lot of securities FUD, bandwidth problems.
- Are we excited about these new companies because they're good companies?
- Are we excited that they will need to HOLD steem in order to have bandwidth?
Let's hear some actual thoughts on the subject.
Because it might lead to increase in the value of steem and we might be gifted with some free tokens.
I'm asking for analysis why people think it will increase the value of steem.
That's a very valid argument about the possibility of SMT airdrops.
Mainly people of steemit users will get some free tokens as the value of their reputation.... I think
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Just steemit users? What about the rest of us who don't use steemit? We use other interfaces for STEEM.
Question by 2019 do we think anyone will still be using the steemit.com interface when there are so many other options with much better features? Personally i imagine steemit inc doesn't want to be in the front end development business anyway. But who knows.
Personally I feel the community aspect will bring more users to the chain hopefully increasing the demand for STEEM.
Personally it's exciting to me because it expands the potential use cases for Steem. Even though a huge amount of them will likely fail, the Ethereum comparison is valid where just the fact that lots of people will TRY to make something should have a positive impact on the price, and if only a few succeed it should again, just make all this a lot more useful.
I think beyond the price, something that a lot of cryptos are failing on is real world, working, utility. While not perfect, we have that here, and this pushes us even further in the right direction.
My employer runs a community support site, where our customers can help each other with technical issues.
We reward the most helpful customers by giving them discounts, early beta access to new programs and services, and 'Thumbs-up' points.
They're purely decorative, increasing rank, decorative border around profile pic, that sort of thing.
If I could talk my employer into adopting SMTs, and rewarding helpful customers with crypto instead; along with a mechanism for holders to reward other contributors with 'thumbs-up' rewards, based on the size of their stake, they'd be massively incentivised to check in regularly, help less tech-minded customers with specific problems, and increase the value of the site.
My employer could accept the new tokens for direct payment of customer bills; and we'd end up with customers who get to enjoy our services and pay us with insightful support and advice for other customers.
We only need a couple of success stories, and thousands of communities are going to come pounding on our door for the opportunity to issue their own cryptocurrency, without the inconveniences of running a blockchain.
thanks for sharing your case use example!