RE: It isn't the Math - it is the Distribution (Opinion) Steem

You are viewing a single comment's thread from:

preparedwombat (77)in #steemit • 8 years ago

I've been trying to wrap my head around the relationship between the demand for SMT's and the demand for Steem.

8 years ago in #steemit by preparedwombat (77)

Sort:

timcliff (73) 8 years ago

You will need STEEM to buy SMTs.
Everyone who uses SMTs will also be using STEEM.
New investors will become interested in using the platform to launch and promote their own SMTs.
Lots of tools and applications built for SMTs will work with Steem.
Communities that want to control how rewards are distributed within their community can do it via SMTs without being drowned out by the votes of whale SP holders.

Lots more :)

gregan (60) 8 years ago

Thanks for the insights, never knew what the fuss behind SMT was.. Until now :-)