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RE: At what point did I see the potential of Steem?
I think SMT's are the true value in this new fork. People will always find ways to game the system and tilt things in their favor, but creating different niche communities that can all use steem as the basic chain has immense possibility for mass adoption. Not everyone is into writing blogs, but with mass tokenization model everyone can find something they are interested in on this blockchain, contribute and be rewarded
Happening already through SCOTs. Will be interesting when SMTs launch and then there's two different protocol standards for STEEM-based tokens.