I still feel SMTs could do well attracting the mainstream to Blockchain and Cryptocurrency, but the way they are handling things makes me sad. Leaving even the technical aspects aside (which are important as fuck) we still don't have communities established around SMTs project. Projects/dApp/Entrepreneurs need some kind of idea about SMTs, how they will work and how could they implement but things are still not clear. We don't know a shit about SMTs I researched a hell lot out of it and still, implementation is not clear to me. To push SMTs (other than working on the technical front) they need to atleast have a reddit/telegram based community forum where people could go and learn about them. Then they should start delegating to projects from now itself. @ned right now have a stake of 51% and that stake is sitting ideal, if he got some brain(which I doubt), he should use it for better of projects/communities and future right away.
Secondly, the structure is so rigid, SMTs won't be able to do many things except working very similar to Steemit. No good project will want that, instead, they will raise money and try introducing their own blockchain like Vice Porn whatever token did.
(my personal opinion)
Reading your comment, there could be another thing to consider, imo. If Dan's EOS based Steem would be a copy of Steemit, then he could just release it as open sourced project. Which then means, everybody could own a clone of Steemit. Which is kindda similar to SMT.
Yes, I mean even Steemit is open source that's why I believe we have something like "whatever the fuck russian" counterpart. But libre look at the content based platforms emerging on EOS already, we have everipedia and steem2.0. People will be attracted towards both the platform and will be ready to experiment more. :)
Golos :)
Harsh comment but then again, the truth can be harsh :-)
I didn't know vice is trying to launch their own blockchain now, it definitely illustrates what you are suggesting, raising money and start own blockchain. Will not happen for every smt candidate but good option for the bigger projects. Too bad evolution :-(
Thanks for good comment, appreciated.