Smart media tokens (SMT) what does that mean

in #steemit6 years ago


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Hello amazing steemians, @oghie here.

Just in case you have been pondering and wondering what the smart media token (SMT) is actually for you.

For a while now i have been pondering and wondering what the smart media token is all about, i had to do proper research and of course watch videos to get the proper message.

Steem Media Token (SMT) is a way for anyone to create a token on Steem, with minimal costs and programming knowledge. It costs less than $1 to create your own SMT and it could be used for many things, including starting your own ICO or to issue out to people on media platforms. The best part of SMT is that it's powered by the Steem network, which we know is much faster and expensive than the Ethereum Network. This means these tokens are idea for small interactions, such as integrating into a blog or even a forum. Unlike Ethereum though, a lot of the programming instructions are already done, so integrating SMT will be super easy for new users. The disadvantage is that it's not as versatile as Ethereum when it comes to coding and it won't be as mature. In tech there are always tradeoffs. This means SMT will be great for community projects, and perfect for niche sites.


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For quite a long while now, almost all the resources gathered from steemit has been put towards the development of the smart media token. Stay tune and stay awake to the biggest news you've always wanted to hear. Everything about the smart media token is written in the white paper here

Thanks for reading my post

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