The ***Adult*** Industry is always at the forefront and cutting edge of every technology.
Check out "Bunny Token"  :)

Yayyy!

I absolutely don't know... but I would assume that I would set the value of my own SMT.   So, if I had 1000 Steem... and I wanted to create 1000 NINJAcoins, then they'd be worth 1 Steem each.  If I only wanted to create 10 NINJACoins then they'd be worth 100 Steem each.  That is my understanding, but I could also be super mega wrong on that one.

So, say that I created 10 NINJAcoins at the value of 100 Steem each (ie, I paid 1000 Steem to create these coins).  I would then keep all 10 coins - but I could hold an ICO and sell them on an Exchange if I wanted to.  I'd then keep whatever I didn't sell.

Then.... I could award creators with a NINJAcoin for the best ninja articles created for my website, or on Steem or YouTube or whatever... as long as they had a Steem account.

The work that Steemit is doing at the moment is developing the Steem wallet that we all have to be able to cope with potentially unlimited numbers of coins/tokens.

Thanks for the prize money!  You're the best!

Hi, I see that you have a big DTube channel.
I upload my first Video today, please rate the movie, and give some tips :)!

Regards :)!

I believe this answers some questions: 

![](https://steemitimages.com/DQmWoNNFhhX4L4npMWRSkeS3LLYHT9UVUyTaEtJGWZvozUU/image.png)

https://steemit.com/steem/@steemitblog/steemit-blockchain-team-update-appbase-rocksdb-bandwidth-hf20-smts-and-more

I love the idea of SMTs as you explained it. Sounds like the REVOLUTION is ramping up! Love the shirt and hat.

Yes, exactly. It's no more complex than the idea of starting your own currency (which isn't all that simple, lol). As you said, the more people are interested, the higher value it trades. Isn't Steemit's coin Steem Power? Honest question, or perspective.

There actually is a porn based SMT (Vice token)  thats launching soon that runs off the Steem blockchain.  No idea how theyre gonna pay people to watch porn but we'll see.  The token is on sale right now and launches later this year.  They're even going to airdrop 400 million tokens to Steem holders.

So yeah, porncoin.

The STEEM blockchain can handle CRAZY amounts of transactions - I've heard something link 'in 7 minutes what Ethereum can handle in 24 hours' - so that's pretty damn amazing. So YES I believe they can handle the transactions at least. 

Check out info on transactions and how 'full' the blockchains are here: https://www.blocktivity.info/ (right now Ethereum blockchain is FULL, Steemit does WAY more transactions and is only .15% 'full' - WHOAAA, right?!)

I came here to share this link: https://steemit.com/steem-help/@sykochica/answering-common-questions-what-are-steemit-s-smart-media-tokens-smt-how-could-they-be-used It also explains a LOT and is very well-written :-)

Cheers!

Great, keep up the good work!

Nobody knows how much SMT's will increase the value of Steem.  But it's a bit like this...  Remember when Macs were considered better than Windows except for the fact that nobody was writing apps for that platform?  The more developers of their own websites use SMT's to interact with the Steem blockchain, the more the Steem blockchain will be worth.

I could set up my "zoidcoin" on astrology-x-files.com and have those little green upvote buttons (or something similar) that would replace popup AD's.    (I don't have AD's on my site anyway, but many do).

In the future, most businesses will have their own currency and will need a way to swap currencies given an exchange rate.  SMT's are smart contracts that work between your website and the Steem blockchain.  So if you're confused about SMT's, then maybe you should study smart contracts and the architecture of Ethereum.

Personally I have my doubts that Ethereum can scale.  Scharding looks more like a bandaid on a broken model than a real fix to me.  They have the network effect right now, but once Dan Larimer complete's EOS in June, it will be as fast or faster than Bitshares and Steem.  EOS is a generalization of the ideas behind Steem for social media, but will be used for all sorts of logistical problems such as relaying medical information by elimination of informational siloes while keeping confidentiality, etc...

The other reason why I think EOS could replace Ethereum is that solidity was a special language that Vitalik wrote for the Ethereum blockchain which is difficult to work with.  EOS developers will be able to use C, C++ directly.