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RE: Could anyone explain the new SMT to me ? (Smart media tokens)

Hi @kromm, the SMTs are essentially like any other ICO, but rather than using Ethereum as the base currency, they'll be based on STEEM.

If you're interested in reading more, here's the white paper that talks about the SMTs:
https://smt.steem.io/smt-whitepaper.pdf

All in all it should be great for Steem as a currency and it's value on the market!

P.S. Welcome to Steemit.