Dtube Contest - Talk SMTs To Me Baby Contest Winners (AND LOSERS)

bethwheatcraft(68)

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Hi guys!

So a couple of days ago, I ran a contest to see who could best explain SMTs to me, the hopeless luddite. Well, there were a couple of honorable mentions, but seemingly no one who knows all the answers to my more specific questions.

The honorable mentions and winners of an SBD (I'm a cheap skate, what can I tell you?) Are users @zoidsoft and @aussieninja. The loser of this contest, who will remain unnamed, is the fool who just copied and pasted from the white paper. Like, I wouldn't have run this contest if I hadn't already read that. Plus...I mean let's not plagiarize alright?

First of all, Happy St. Patrick's Day! I am a wee bit Irish so of course I love to rep it on this special day of booze and complete loss of inhibition! Wahoo!

Secondly, seeing as though I wasn't satisfied with my contest results, I did some more digging into SMT's, desperately attempting to wrap my brain around them. Well, I think I did a fairly good job, and I explain my findings in the video above.

Now that I understand more the impact that SMT's will have on the internet as a whole, I think I am going to make a promo video for non-Steemians with Lady Steem, in order to explain the concept to newbies, and to get them hyped for the air drop. I mean, I am pretty hyped, but I still have some unanswered questions that I would like to know before I make that video.

So, kindly, if you know the answers, PLEASE let me know!

How much will SMT's be worth? How will that be decided?

Does Steem have the capacity to handle that amount of transactions across the board? How?

Really those are the biggies. I am still trying to wrap my head around how this will benefit creators, but the best I can come up with right now is making money on ads/supporting other creators and receiving their tokens. Will creators be able to ever give themselves their own token? If not, how exactly does this directly benefit creators, and not just single-handedly reward curators?

If you have answers to these questions, I would be happy to throw some more SBD out there!

Thanks for all the thoughtful submissions!

You guys rock my socks!

Have a very Happy St. Paddy's Day!

xx~Lassie Steem

(I do not own the music in this video. This is an Irish Street Band captured by HurryKen Productions.)

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