I dont understand the smt 🤔

I was just thinking about how the Hip Hop community in the world can leverage on SMT. And because Hip Hop is all about giving back to the people, the possibilities are endless. I am sure Bboys will make something of it one day... perhaps... I shall lead it ;)

Thank you - so i just need to Resteem your article. Maybe I write one in German about SMT. :) if you have time have a look here @charityproject

informatif article, its help people to understand what is smart media token means. thanks @kevinwong for sharing

A SMT will be exchanged through STEEM, so we won't have a pack of SMTs and STEEM only one of them. We will have STEEM, and after that a cluster of SMTs over STEEM. Market-wise, this will in all probability help interest for STEEM, as a token. 

Additionally, the SMT age system is far more mind boggling than only a token issuance on the Ethereum stage. When you dispatch a SMT, you truly dispatch a thin layer of Steem-application-forms over your substance, including your own particular prizes pool, your own particular swelling model, your own particular voting and curation calculations and your own vesting component. 

Hope this helps.

Excelente noticia para el año 2018 seguro nos beneficiara a todos.

This looks to be a a great next step in the Steem revolution but i think i need to understand it more well :) anyways thanks for your post :D

wow good post

this is revolutionary! I really love it!

It's awesome that you present things in such an optimistic light, because honestly no one knows where SMT will lead ,but we need people to inspire us and come up with real world use cases in order to make this work. Most are a bit mystified  by the hole SMT thing and I'm glad to see people who want to spearhead this change.

As always, great post. I feel bad for @biophil. Hope he turns his adventure in a positive way.

This is great and will be a gamechanger if all goes well.  Thanks for writing a post on SMT which motivated me to write my latest post on how Steem will be EOS and Ethereum killer-I cited you there, pls feel free to see it. Wish you more success. 

I'm still trying to get my head around this not being a techie geek. But Im excited to aee where it leads.

<a href="https://imgflip.com/i/1wr1xr"><img src="https://i.imgflip.com/1wr1xr.jpg" title="made at imgflip.com"/></a>

Awesome summary, and I share your enthusiasm. Steem is not just Steemit. There is so much more going on here. 

The more demand for steem the better. As SMT is  being built on the Steem block chain I support any project that will spawn from it ! 

Awesome news before the weekend, It can't get much better than that :) 

Thank god it's Friday, thank god for Steem/ it/ whatever is coming  :)

This is a great addition to the discussion of SMT that seems to be blowing up! You have me thinking about ideas for restarting former communities that were killed by Facebook and other social media sites, this idea could help bring like minded people, or people with similar interested back into a local-like community. I remember when forums for specific topics were huge and were the place to be. Do you think that SMT's could revive that culture?

You said the magic word "loyalty-point system"! I didn't read the SMT whitepaper yet, but I fully agree that many business can be supported with a loyalty services. In fact, many business do already have those, and the potential of tokens is that these can be replaced for digital versions and at the same time it allows roll out of loyalty systems worldwide, to all those markets that do not have loyalty systems. One crucial thing for a loyalty system to work, is a non-volatile token! When the token is not volatile to the local currency used by the consumers, the consumer will not be scared away as they are with crypto currencies. Non volatility is key for mass adoption, therefore is key for any business that deals with the mass, the everyday consumer.

The future of tokens could bring much profit to those hodling steempower

This is a real opportunity for everyone.

SMTs could allow every application to have their own token similar to Steem.

Here is my contribution: SMT Token Logo

![SMToken.png](https://steemitimages.com/DQmZr63VhAUuxfRtEnu6bu639vAMXbphv8dc5y2UdCj3pFy/SMToken.png)

well it is up to us in this burgeoning steemit community to see if we can bootstrap new coins and develop new ideas...
So far we have just had the SMT announcement but no launch time or further info (I guess we will get that in due time)
I have a few ideas rattling around in my mind but I guess until more clarity is coming from @ned and the team we will have to be patient and maybe make rough drafts of our own whitepapers

will it be possible to redeem those SMT tokens back to Steem Power ?