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Thanks for the reply @themarkymark. But I fail to understand how it will help someone who wants to make their own token. Just a branding gimmick? Like "we live in the world of blockchain, let's make our own token" or it will have some real life value. I am still not able to digest the "usage"
I am afraid I am bothering you too much. But I am really curious to know about this!

I suggest reading the whitepaper.

https://smt.steem.io/