Hi All, I just learned about this wicked awesome new addition to the Steemit community/Steem ecosystem. Ned Scott (CEO Steemit) has just sent out an email regarding the new Smart Media Tokens and a link to the new site with additional information:
The page describes it as "A new way for publishers to monetize their online content and community, based on battle-tested blockchain technology." and this image which, to me, conveys a sense of flexibility and unity, is proudly displayed at the landing page:
The whitepaper is included on the page which I will be spending the next while reading so that I can be up-to-date and ready to dive in. A quick summary, quoted from the website, highlights two bulleted, important features:
"A Smart Media Token (SMT) is a native digital asset on the Steem blockchain that can be quickly launched by anyone to help monetize online content and create incentives to encourage desired user behavior.
They're like Ethereum's ERC-20 tokens, but with certain built-in ‘Proof-of-Brain’ properties and a token distribution reward system designed specifically for digital content businesses."
Check it out to learn more. I will be thoroughly involved with this and may even rework my current project that I've been working on to utilize this (more to come regarding that). I love Steem/Steemit and I believe in the ecosystem, community, and vision of this platform, so I want to support it, be a part of it, and help it grow and advance. As a web developer and blogger, using evolving technology like this can achieve that. Please let me know what your thoughts are regarding this and if you have any interesting facts to share, funny stories, fears, doubts, or cries of joy, please share them!
Resteem if you want to let other interested parties know! :)
