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RE: Explainer: Value Flows on Steem with SMTs [VIDEO]

in #steem7 years ago (edited)

I'm thinking about SMTs for individuals as it seems to be the most fitting solution with the right kind of features (Steem users will understand). Everyone should have their own currency as we all have our own web of interactions / communities. Is it feasible to have individual tokens be the gateway to one's offering of goods and services? The nature of these tokens will mostly be infrequently traded and will occupy the long-tail, which is why the market maker / taker mechanism presented in the whitepaper shows that the network will be capable of making SMTs as widely adopted as smartphones. Anyway, what are your thoughts about this? Best practices, token initialisation ideas, etc. Planning to spend lots of time exploring the possibilities of SMTs as I think there's great potential here beyond the current publisher / creator marketing angle on the SMT website. Great work on the whitepaper by the way!

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Everyone has their own coin?! Corporations? Individuals? This is genius!

What else other than a platform which allows everybody to easily run their own social currencies / communities along with others ;) lol