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Smart Media Tokens: Why We're Doing It [VIDEO] by ned

View this thread on: hive.blogpeakd.comecency.com
· @ned · (edited)
Smart Media Tokens: Why We're Doing It [VIDEO]
<h1>Hello again Steemians!</h1>

I am so pumped to see the inquisitive, thoughtful and excited responses to our announcement this morning of Smart Media Tokens. 

I believe SMTs could be huge and can change the internet as we know it. 

Here's a video for you guys so I can go into a bit more detail about why the team and I have worked so hard to develop this protocol.

https://www.youtube.com/watch?v=w3acqauTdhc&feature=youtu.be
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 508 others
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@aadarshpahilani ·
nice post
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@aadarshpahilani ·
nice post
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@aaqib11b ·
It might be a great step.....every coin has two faces .....due to this thing....crypto market inflation is a sure thing.......we increase the no....but value remains same
👍  
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vote details (1)
@accounttransfers ·
Ned Buddy, You are Right On. you are a true visionary. I will follow you to the end of the Earth my friend. You are the Messiah. Where can I buy some SNTs and will you take STEEM and Bitcoins or Etherium? I gotta get some.... Please....Please...
👍  
👎  ,
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vote details (3)
@adjs20 · (edited)
$0.27
Youre always came with a superb ideas!
Your absolutly deserve to upvotes @ned so i've put you in my Autovote on 100% Vote.
I'll appriciate if you could spend few minutes and upvote for me to :)
It will be very kind of you.

Keep doing a great work on steemit !
👍  , ,
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@adriansky ·
YOU ARE A GOD!
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@aek021997 ·
Welcome all in our wonderful collection to exchange follow and upvote
https://www.facebook.com/groups/118340765501175/
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@agentzero ·
Cheers to all steemians :D
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@ajam ·
Oh nice
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@albertvhons ·
I am going to smt!
Redfishcoin will be a token by smart media token! This is exciting! 
KABLAAAM!!!
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@aldentan ·
The future is NOW
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@alex-draw ·
Quick question (sorry if its answered in video, terrible internet). Do these tokens have any relationship to steem apart from being by the same maker and the having the same goals?

Like if these turn into must buys will that directly have an effect on the steem economy?

And will website-x's tokens be on a different blockchain then website-y
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@andrarchy ·
Yes they do have a direct relationship to Steem. Their use requires Steem bandwidth. In order to use bandwidth you either have to earn or acquire stake (Steem Power). So, in short, SMTs will create more demand for Steem by creating more demand for bandwidth. Now you will still be able to launch a coin for $1 and do all kinds of stuff with it because creating coins doesn't actually consume much bandwidth (it's not a lot of information). That's good for developers. But if the app really takes off then you have to either earn enough additional Steem Power through upvotes (i.e. demonstrating that you are adding value to the Steem blockchain) to support the amount of bandwidth you are consuming or you have to purchase that Steem Power. Both increase demand for bandwidth and therefore Steem Power.

*Community Liaison, Steemit*
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@alex-draw ·
Glad to here it will directly help steem, don't have much use for it at the moment but maybe in the future. I'll be keeping a close eye on it.
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@allowisticartist ·
Such a smart move to enable others shows sharing the idea out benifit all.
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@andreacervantes ·
do you know someone that can translate that into spanish?, because i don't fully understand it, and the hispanic community is growing.  
@ned
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@andreacervantes ·
p.s you are really hot.
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@angel35mm ·
I am totally feeling pumped about all of this right now! We are all at the right place at the right time! #winning
👍  
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vote details (1)
@arcange ·
Congratulations @ned!
Your post was mentioned in the [hit parade](https://steemit.com/hit-parade/@arcange/daily-hit-parade-20170928) in the following categories:

* Comments - Ranked 6 with 133 comments
* Pending payout - Ranked 2 with $ 655,18
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@ata27 ·
friend ...
please help my post. @
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@barvon ·
with the video, the SteeMit community will be more confident with the project you are targeting.
I think it's a very good program to invite the SteeMit community, I'm happy for this program, hopefully it runs smoothly.
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@bashadow ·
Are "SMT's" going to be the new S&H green stamps of yesteryear? Collect our stamps buy a discount through our magazine thing. "please do not go all crypto on me I do not have a clue about crypto currency, I am just asking a simple question. If you consider it to stupid to answer that's fine, but please no name calling.
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@bbomber ·
An SMT will be traded through STEEM, so we won't have a bunch of SMTs and STEEM just one of them. We will have STEEM, and then a bunch of SMTs on top of STEEM. Market-wise, this will most likely boost demand for STEEM, as a token.

Also, the SMT generation mechanism is way more complex than just a token issuance on the Ethereum platform. When you launch an SMT, you literally launch a thin layer of Steem-application-processes on top of your content, including your own rewards pool, your own inflation model, your own voting and curation algorithms and your own vesting mechanism.

Hope this helps.
👍  
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vote details (1)
@bbrewer ·
$0.16
It's a freaking great idea!
👍  
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vote details (1)
@beautifulbullies ·
I love the fact that you are focusing on making everybody successful, not just holding all the power and knowledge for yourselves.  Absolutely love the steemit ethos of creating value and you have just made me love steem even more! This will truly give smaller people and groups the potential to become big without being quashed by the huge 1% players.  It truly is a revolution! :D
👍  
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vote details (1)
@bescouted ·
Thank you @ned. You guys are doing a truly revolutionary and noble job developing STEEM BC in such a gracious way. We are currently developing on your platform, cant wait for the Velocity and "effortless onboarding" to roll out. And recent new on SMT.... This is what i was dreaming for last 5 years as a photography marketplace founder. Be blessed.
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@bestdelwar ·
sssssss
👎  
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vote details (1)
@bitcoinparadise ·
I agree for it not to be just Steemit.com

Let's get more competition and further innovate this type model.

What's really exciting is how this taps into the mobile market. Time to grind harder ;)
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@btcmillionaire ·
$0.96
God damnit I hated this idea when you first said you were doing it (in the sense that steemit will stop getting the attention it deserves). However now I want my own Bitcoin Millionaire tokens across my sites! haha
👍  
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vote details (1)
@burtybasset ·
Could I integrate something like this into my website? Would there be costs?? I feel this is what is missing and would really help my forum!
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@cguib ·
ned, here is a sum up in french #fr
https://steemit.com/fr/@cguib/la-revolution-smart-media-token
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@charles1 ·
Wow am sure that this will be huge and want to be part of it. Very innovative indeed
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@cloudspyder ·
When it begin sir. I am so excited to embed it on my website
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@crowdini ·
$1.23
This could be what Adsense is to Google.
👍  , , , , ,
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vote details (6)
@donkeypong ·
Good analogy. It could be the secret sauce, the killer app, and the new ICO.
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@crowdini ·
Thanks. it needs the tools to make it a no brainer for site and app owners. Tools are the key IMHO.
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@teamhumble ·
$0.02
much better than adsense. and have way more outcomes.
👍  , ,
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vote details (3)
@crowdini ·
I agree...I was referring to the analogy as Adsense is what made Google sustainable for the long haul. It gave Google a revenue source that allowed Google to try so many things.
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@prakashghai ·
Adsense is TRASH :)
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@spiritualmatters ·
Prayerfully, so @teamhumble...Adsense was a let down for many. Is it still around? It was more of a distraction than a value as I recall.
👍  ,
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vote details (2)
@crypto.tickets ·
Hi! I represent the official ICO bounty program https://crypto.tickets. 

We really like your activity on Steemit and I want to invite you to our automated Steemit bounty program.

You can get Stakes easily for every repost or post. 

About project: https://steemit.com/@crypto.tickets /@crypto.tickets

Official bounty page https://crypto.tickets/bounty.program.en.html and bounty thread – https://bitcointalk.org/index.php?topic=2164768.msg21681052#msg21681052

Please, let me know about your decision in return message 😉
👍  
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vote details (1)
@cryptobobby ·
$0.30
As a content creator with a decent sized following now, I'm interested to see how this may or may not become a viable option like starting a Patreon, or something of that sort. 

Looking forward to seeing how this project progresses and if it might be able to gain significant adoption.
👍  , ,
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vote details (3)
@andrarchy · (edited)
$1.30
Yes, absolutely. First off, someone could create a patreon competitor powered by its own SMT. That would be easy. But, possibly even better, you will also be able to launch your very own Steem-like token (e.g. Cryptobobby Coin) that would automatically be distributed to only your followers, and in direct proportion to the amount of value those followers add to your community! You would also be able to allocate a bunch of tokens to yourself at launch, or receive a percentage of the token inflation in perpetuity. And of course, they would be transferable in 3 seconds without a fee, instantly making Cryptobobby Coins faster and cheaper than bitcoin, bitcoin cash, ethereum, ethereum classic, waves ... basically every other cryptocurrency in existence.

*Community Liaison, Steemit*
👍  , , , , , , , ,
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vote details (9)
@fulcanelli ·
$0.02
My goodness. I had gradually gathered that this was essentially the future for the blockchain and Steem, but to be 'present' as one of the intial protocols for such a thing is announced is jolly exciting. I had to comment just to take part somehow! I wish I had more to offer this dicussion than Bravo! but I haven't. Except perhaps, "Ladies and gentlemen the future is officially now." That'll have to do until I finish reading the whitepaper. :-)
👍  , ,
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vote details (3)
@jorgevallarosa ·
$0.85
So basically this is not for the average joe to take on by himself. It's going to require a team effort and a sizable investment in STEEM to really implement an SMT properly, correct? Most people won't want to create a token just for the fun of it (or maybe so), but to achieve any degree of real success with an SMT will require a lot of technical know-how and marketing chops.

And there is still the hurdle of educating the masses about STEEM itself. It's great news but it will be a great challenge to convince anyone outside of the Steemit community how or why they would want to tie their business to STEEM through an SMT, and how to make it a success.

I do think this is going to be a game-changer, but several years from now. In the meantime, it will be an excellent opportunity for those of us who understand the potential to prepare ourselves for developer, consulting and marketing roles, among others. Those who prepare now will reap some big rewards later, I have no doubt.
👍  , ,
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vote details (3)
@cryptocheta ·
That's wonderful, am new here and am enjoying everything.
👍  
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vote details (1)
@cryptoctopus ·
$0.56
Do you have people lined up ready to implement this on their websites?
👍  , , , , ,
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vote details (6)
@andrarchy · (edited)
$5.88
Love the enthusiasm! We've got a lot more in the works, but we're not announcing anything else right now. We'd like to give people time to process the whitepaper and give their feedback. Right now we're 100% focused on implementing SMTs so that they augment Steem and make it the best blockchain in the world for developers.

*Community Liaison, Steemit*
👍  , , , , , , , , , , , ,
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vote details (13)
@g-mor ·
That is so brilliant
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@onnesion ·
good job
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@slavix ·
Is there a channel or a forum dedidecated to discussing SMT white paper? I think we would all benefit if there a topic oriented space for SMT talk.
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@dabbey ·
Here we come future... this is good ideal.. just read my mail now... keep the good work.@CEO and Others team member
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@dan-atstarlite ·
$0.55
This is really exciting!
👍  , , , ,
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vote details (5)
@g-mor ·
Yes it is dan
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@davedickeyyall ·
I've just starting hearing about these tokens... from what I read they seem like a great idea... especially for those of us who are in this for the long haul
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@dbooster ·
Great video and good explanation. Thanks! This has the potential to be huge! I look forward to seeing where this goes. I'm new to Steemit, but it looks like I came in at just the right time.
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@dcgikandi ·
@ned can this be used to enable the creation of a world-community-owned media network capable of going toe-to-toe with CNN or Fox?

PROBLEM TO BE SOLVED:

- the big media firms control global mindsets by being gatekeepers to worldviews. They often spread fear, and the worldview their overlords select for the "sheeple".

GOALS:

- enable the citizenry to come together, from all over the world, to contribute content and efforts that create a media network that can rival CNN and FOX.

- use this network to spread good news (instead of fear) and real, relevant content (docos, shows, etc) that uplifts, enables, educates people instead of the "bread and circus" bullshit the sheeple are fed with as a distraction to real issues like environment, new energy innovations, new social structures, etc

CHALLENGES & SOLUTIONS:

- high-end video content > people watch more than they read. To produce a documentary or show at worldclass levels (beyond a simple talking head webcam video) requires resources and collaboration amongst several people. These people need to cover their costs and get something small back beyond costs. How can SMTs be designed to facilitate that?

- distribution > CNN and FOX have huge budgets to reach the masses. How can SMTs be used to help with that, keeping in mind that  the more eyeballs such a network gets, the more advertisers will, out of self interest, actually pay the network money to place ads on - I mean, if millions of people start watching a good news network instead of CNN, advertisers will follow, whether they like it or not.


PARTICIPANTS/ENTITY:

- A DAO that works like a Colony of bees, a swarm. Anyone and everyone can contribute towards the making of a show. Imagine, for example, you wish to show the truth about a remote village somewhere. You can get a local in that village, a person you locate using social media, to use their smartphone to go capture footage for you and send it back to you online. You then make your show, and allocate a portion of your SMT earnings to your sources for that show. When it runs, the SMTs automatically divide themselves and your "reporter" in the village also gets something. This way, a swarm or colony effort is able to match the resources of CNN etc, somehow.

In short, besides empowering bloggers etc, how can SMTs REALLY change the game, and bring BIG MEDIA power back to the people? Not small media, but big media, the one that the masses get to watch? Or at least enable people to have a fair go at creating such a challenge?

How can SMTs be designed to support such a vision?
👍  
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vote details (1)
@slavix ·
SMT can support a million visions, yours included :)
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@deaconlee ·
I have an idea for SMT's use but I am not technically able to make it happen. Is there an easy way to submit an idea to a group of developers looking for a project to work on without losing complete control over the idea and how it is utilized?
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@dianargenti ·
Another innovative ideas which will benefits everyone. At sir @ned you aim so high not just for yourself but for everyone and.together with your team which I guess never slept.in brainstorming to came out for this SMT ideas we bow to all of you. Sir @ned I just wonder can it.also be possible to give a "loyal token or reward" automatically by it's reputation? Hahaha, I don't know how to explain it. Let me try from try to explain it, let's say: newbies automatically have their percent power after signing up which is already their. Then those whos reputation let's say is in 50-70 can it also be possible they can also have an automatic U.V by given them specific percentage vote for their post? And can be given range by its reputation? And of course to those active only. For being here and never let go which I think some do hahaha. Just my thoughts and ideas since I am so noob when it comes to programming, and I think it's a very complicated task to create like  such. so hard to relate in here but I'm keeping.up :) God bless and we are Steem on.
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@discernente ·
Why not construct a new operating system from the ground with monetization as its core?
👍  
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vote details (1)
@doitvoluntarily ·
very exciting!
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@donkeypong ·
$1.32
Great explanation! Steemit.com is a proof of concept compared with what SMTs can achieve on the rest of the internet.
👍  , , , , , , , , , , , , , , , , ,
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vote details (18)
@g-mor ·
The sky is just a beginning, for this concept
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@ilyastarar ·
$0.45
This opens up a plethora of opportunities for the smart people to make things work for them by building on an already established blockchain in form of Steem.
👍  , , ,
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vote details (4)
@donkeypong ·
$0.02
Exactly. SMTs will have the benefits of Steem, plus can be branded and customizable, while the issuer also controls the distribution.
👍  ,
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vote details (2)
@donnaincancun ·
I love your philosophy to expand and make everyone else successful too. The world banks are going to throw a fit at this one. Not much they can do to gain control over something like this and thats the best thing for the world economy as a whole. Keep up the great work @ned.  With people like you looking out for our future, the future is going to be very bright! X
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@dontstopmenow ·
$0.03
This is what we all have been dreaming about. A really game changer with real usage for people that are not deeply commited with the blockchain. This has the potential of bringing **LOTS** new users into Steemit and into the blockchain technology. By far the best news I´ve heard since I joined Steemit over 3 months ago. Now we are talking...

Guys... its time to enjoy the show now. Sit back relax and enjoy!
👍  
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vote details (1)
@dracosalieri ·
I have spent the last 3 hours trying to really understand this... I love the idea and think that this could help galvanise the support for blockchain. The answer to automation is to make it work for you!
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@droucil ·
If Steemit really becomes the symbol of this idea, it could become the next "Bitcoin" thing for social media!
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@eloquentsam ·
@ned is someone i so much admire and his role on steemit cannot be jetisoned... Am so happy following and getting ur update man.
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@ernesto78 ·
Smart tokens the new hype?

![Schermafbeelding 2017-09-29 om 21.57.27.png](https://steemitimages.com/DQmNi6gPcMf7P9mPpZsY6GWdmkX6apQYRN2t1DrLuKEDwor/Schermafbeelding%202017-09-29%20om%2021.57.27.png)
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@evidenceoflife ·
This is great! I still have a lot to learn as a new user, but I want to say thanks a lot for the opportunities you give all the Steemians. For sure this social media is all about community. I'm happy to be a part of this!
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@fadli79 ·
steemit is a good social media place. even though I just joined but I can already feel very good progress in all posts.
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@fiveboringgames ·
$1.67
With the increased workload that this would cause the network will we need to scale and are there scaling plans in the works
👍  , , ,
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vote details (4)
@davedickeyyall ·
Great question.  I hadn't even considered that.
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@futureprecedent ·
Really interesting. Would love to learn more! We've  actually written a paper recently that proposes an extension of  Steem-like content-rewarding features by allowing consumers to use tokens to set bounties for content and others user-generated goods (I.e, free stuff you get online). We propose that the addition of the bounty-setting feature creates economic value by giving consumers a clearer voice in terms of which goods are produced on a platform. Furthermore, it allows both consumers and producers to benefit from a positive value feedback loop between content-rewarding and bounty-setting. We wrote a post on it that you can find on our Steemit channel. We are grateful  for the review and feedback of our fellow Steemians!
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@g-mor · (edited)
$4.56
This is really going to be huge!!! The future is soo bright
👍  , , , , , , , , , ,
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vote details (11)
@bellyrub ·
<p>This wonderful comment has received a bellyrub 8.42 % upvote from @bellyrub thanks to this cool cat: @iron-rode.
My pops @zeartul is one of your top steemit witness, if you like my bellyrubs please go vote for him, if you love what he is doing vote for this comment as well.</p>
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@clixmoney ·
Yes Smart Media Tokens (SMTs) are huge ! [Don't miss the opportunity!](https://steemit.com/smt/@clixmoney/smart-media-tokens-smts-are-huge-don-t-miss-the-opportunity)
👍  
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vote details (1)
@brensonttt ·
You are right!  Soon every man be able to create own token? then I can to say *goodbye ERC20*!
👍  
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vote details (1)
@geronimo ·
$1.18
I don´t think ERC-20 tokens will go anywhere soon because you can do different stuff with it compared to SMTs. Both token standards are important to create the future internet (web3) we all want.
👍  , , , , ,
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vote details (6)
@knowledges ·
yes you are right ,, even the brightness will change the world around us
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@lanmower ·
SMT, rolls of the tongue  doesn't it.
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@g0t4y ·
Great move.
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@galberto ·
Sorry ned i understand a little but a little about the changued in steem, i hope this change launch steem to other level, for the moment i am learning everything to try understand the most general about it, until understand those i only continued public my one post per week as today as my time, i am very happy to you for created this wonderful network that changed my mind about the social network. 
Best regard @galberto
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@galotta ·
$0.20
Guys watch out for Mark Zuckerbergs imminent shopping spree. Steemit is cheap compared to WhatsApp :D
👍  , ,
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vote details (3)
@mattclarke ·
Damn. Good point.
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@slavix · (edited)
$0.21
Except who is selling? :)
Price will likely go up 10x before he could buy much of Steem that is on the market.
👍  ,
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vote details (2)
@mattclarke ·
I could see a lot of people cashing out at the $5 mark. This is still speculative and new, so if an early adopter sees an opportunity to pay off their house, and avoid the risk of all this crashing down around their ears...
I think that'd be a big factor. 
I bought a chunk of those silver steem coins, with crypto earnings because I initially invested $1000 in bitcoin. 
Now, even if crypto was to be completely destroyed, I'd still be up on my initial investment.
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@gardenlady ·
yes.
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@geronimo ·
$1.14
I cannot wait to trade a few SMT´s for STEEM on the Market Page. :)
👍  ,
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@globetrottergcc ·
That would be awesome , very well explained and look forward to it , obviously be a game changer:)
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@gloglo ·
Waw... your words about people also getting to so something on their own got to me. Am sure this is what change is about and here is where it starts for all of us. Thank you @ned for the work and I commend the whole team. Weldone!
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@gmuxx ·
This is so exciting, happy to see where this leads and how I can leverage this.
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@ilyastarar ·
$0.02
Nice to catch up after a long time. Hopping to see a wordpress plugin that incentivises my content.
👍  
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vote details (1)
@gniksivart ·
I now understand a little better why this is awesome so thanks for sharing ned. My thoughts is how will this be better than reddcoin or some of the other social coins?

I guess because it won't be a company trying to convince other companies to use their coin, but a company building the foundation for other companies to grow? thoughts?
👍  ,
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@goldenarms ·
@ned I didn't see you on Discord. I know you're super busy and time is money but I was wondering if I could have min to pick your brain about something regarding Steemit and #teamcanada? Either way keep up the great work! @goldenarms
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@gonzo ·
$0.45
@ned
Two videos, a white paper full of acronyms that I will never understand and room full of people screaming this is the next big thing and I still don't know the purpose of SMT.

Seriously will these things help me to get an erection during _non-full-moon-nights_ or am I barking up the wrong tree?
👍  , , , ,
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vote details (5)
@pastrane ·
$0.31
If smart people is saying this is the next big thing. I will double, triple check until I understand!!
![](https://steemitimages.com/DQmVM6b6WReTf4utPB4TUmnPvkjJLDLeqPcqTNcFXQzNK1s/image.png)
👍  , , , , , ,
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vote details (7)
@greatness96 ·
I understand you perfectly, bro. Let's do this and also check to avoid  negative exploitation of this beautiful opportunity. Thanks very kindly.
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@hanshotfirst ·
Great pep talk coach! Internet wide revolution? Count me in! Now can you point me at the wall to run through?
👍  
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@hansikhouse ·
Biggest improvement to Steemit's interface = Ned's haircut. Muy CEO. 

But seriously, very exciting! We'll be following closely and ready to experiment with @sndbox.
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@happyfeet ·
Seems to be the perfect time to be getting into Steemit and this huge thing!!!
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@headsink ·
I believe in SMT because Steem itself is a working platform with real value.
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@hichemfetoui ·
@ned we need a resteem tab separate from blog in steemit even before SMT
👍  
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vote details (1)
@hiroyamagishi ·
$0.55
I am seing Steem like a Toyota a huge company with many branches. this is going crazy
👍  
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@hygge ·
Wonderful el dorado steemit!!!
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@ilyastarar · (edited)
$0.02
SMTs will be huge and it will for sure change the internet as we know today. You've opened up a vertical path to progress in technology. It is massive for media platforms and content creators will see their brains being rewarded really well. Thank you, Ned and Steemit!

[Ned Announces Smart Media Tokens (SMTs) and Steemit is Loving It!](https://steemit.com/smt/@ilyastarar/ned-announces-smart-media-tokens-smts-and-steemit-is-loving-it)
👍  ,
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@jamiecamplive ·
I'm so freaking excited to be already on board with Steemit!  I believe this will absolutely spread like wild fire across the internet...  it's a NEW REVOLUTION!  Now to buy more STEEM!
👍  ,
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@jasonrussell ·
Great explanation!  Thank you @ned!!!!!!!
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@jayantihaldar ·
Thanks To your Post
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@jmsm2 ·
Thank you @ned for sharing this. Sounds like a great idea which is bound to boost the value of STEEM (I can already see the price of STEEM rising today and it looks as it's about to resume its long-term uptrend). 

I particularly love the idea of you guys making us all (the small people) benefit from this new innovation. May God bless you !

One question though...is there a simple explanation (in non-techie language) of how an SMT can be created and used on an existing website or blog and how it will benefit its users?
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@joao-cacador ·
it's a dream come true! @ned
👍  ,
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vote details (2)
@joe.public ·
A warm hello to you @ned
I found a post by @flauwy today who is on the trail toward utilizing this new tool for a niche market that will benefit many people, from the young to sad old gits like myself who need to do some rewiring work on their own brain. Its memory training. And I am sure he could use some help getting this up and running. So if you know someone that assist him I know he will very much appreciate it : )
👍  
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vote details (1)
@jondoe ·
$0.49
This seems really cool!
👍  
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vote details (1)
@jpederson96 ·
GreetBot Comment
Nice to meet you, @ned!
@OriginalWorks will check the originality of this post and @Cleverbot will say something witty.

If your post is original and receives an upvote, like this comment so that I may like your post as well!

If you are confused about anything, ask @helpbot a question!

@steemprice will also give you some handy info.

Sorry if you are annoyed by this but thanks for providing content to the steemit community!

Thanks and enjoy!
👍  ,
👎  , ,
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vote details (5)
@originalworks ·
originalworks
The @OriginalWorks bot has determined this post by @ned to be original material and upvoted it! 
<center>![ezgif.com-resize.gif](https://steemitimages.com/DQmaBi37A5oTnQ9NBLH8YU4jpvhhmFauyvgg3YRrEJwskM9/ezgif.com-resize.gif)</center> 

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message! 
### To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!<h3>
For more information, [Click Here!](https://steemit.com/writing/@originalworks/originalworks-bot-explanation-and-info)
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place! 
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@jpederson96 ·
Great post! Where can you trade these coins? BTS or Bitrex?
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@jpederson96 ·
Woah woah! Why the sudden flip from upvote to flag? That seems harsh.
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@jufrisalam ·
Thank for you information
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@karenb54 ·
Here we go again... more things I dont understand :(
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@goldenarms ·
Lol hang on tight :)
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@karenb54 ·
I'm still hanging on getting to know Bitcoin :)
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@keks ·
$0.04
Very interesting!  Knowledge is power and you keep empowering all.
👍  ,
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vote details (2)
@kevteh ·
$0.35
Great for the future of steem... Thank you for giving YouTube and Facebook a run for their money...
👍  ,
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vote details (2)
@khirman ·
I upvote your all post and comment you also upvote my all post and comment also.
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@lachhi ·
Nice
properties (22)
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@lanmower ·
There is so little technical explanation on these things.

So I understand this is a kind of tracker you put on your website that links to the blockchain?
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@learnandteach01 ·
This is beautiful. Knowledge is power and you keep empowering all. Well-done with the good work
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@leggy23 ·
I love steem and any tokens in its family because its functional and i can see how its adding value to people's everyday lives.Does anyone know when it will have its ICO?
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@leggy23 ·
$0.50
Ned Reminds me of Mark Zuckerberg.
👍  
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vote details (1)
@leotrap ·
Hi @ned, Me and my Team want to start translating everyhthing this, inclusive the grahics to Spanish... what should i do?
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@mahbubalam ·
Nice video.
👎  
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vote details (1)
@mahmoudh ·
https://steemitimages.com/DQmYdszNVKxzNKm2mRsQoaGRAWfN6os1CRXLQ6Pq2jdtxyF/U5dtuLmUWg9SaUNFDvczU4pRTFtDDw7.gif
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@makrotheblack ·
SMTs sound like a really good idea,I'm sure they will be a huge success.Thanks for sharing.
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@marco-delsalto ·
$2.11
Can't wait for it to start getting adopted
👍  ,
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vote details (2)
@maria.ozawa ·
i only have one question for this post, why are you @ned always stealing income in steemit? 

why do not you need the money? 

but a lot of steemit members need rewards from their posts but they do not get as many of you as I am one of them.
👍  
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vote details (1)
@slavix ·
No one stealing anything from you. You get rewarded if steemians like you posts.
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@markontech89 ·
Looking forward to this... Truly an amazing idea.
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@marzukie ·
I love the enthusiasm !! and we have more jobs, which we do not publish, We want to give people time to process whitepapers and provide their feedback. We are currently focused on deploying TPS to improve Steem and make it the world's best developer for developers who want to do the work.
Your post in the dtube is very motivating to others to continue doing the work to achieve a more concrete goals.. 
Terimakasih @ned
👍  
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vote details (1)
@maxdevalue ·
# In a simple term, Steem is an enduring legacy built on a better foundation over most crypto currencies.
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@mcrainebux ·
And why the payout has been declined? Is there any rule violated on this blog?
👍  
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vote details (1)
@slavix ·
Post author decided to decline payment. It is up to author to decide if he wants to be paid.
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@meiza ·
Nice post and thanks for sharing
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@metinyolcu ·
güzel
https://steemitimages.com/0x0/http://llcdn.listelist.com/listeliststatic/2013/10/robert-de-niro-taxi-driver-alkis-gif.gif
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@michaeljn ·
@ned @dan 
You guys continue to blow my mind, and I am especially excited about the philosophy of inclusiveness. 

That very idea is what the world was sorely lacking. Thank you again for allowing me to be a part of this wonderful "movement" and yes, I do think of it as a movement as apposed to just a platform. 

It is the essence of what humanity was meant to be - Sharing is Caring!!!
@steemit there is indeed enough for ALL.
👍  
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vote details (1)
@orine ·
its a movevment with platform. i love your way of looking it. clean caring sight :-). you exposed my feelings.
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@michaeljn ·
@orine
Thank you, it is indeed the ethos and philosophy that makes it work for everyone. Hopefully we can stave off the institutions and bankers from destroying this.
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@moreland ·
$0.65
i guess it is a great  time for me to join steemit.
👍  , , , ,
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vote details (5)
@munaa ·
Very interesting!
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@mushthafakamal ·
thank you for your hard work @ned for our stemians
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@musicloud ·
Cool
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@nahid197 ·
i upvote your all post.
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@needcashnow ·
Where do I invest?
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@networkallstar ·
This really sounds awesome! :)
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@ntony ·
Facebook, Google and other social media will have to decide if they want to make their own tokens or implement SMT, otherwise Steemit will grow too quick and it risks to become a target for this giants, who won't be happy to loose their users.
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@octavialily ·
Yess the future is here, keep it growing!!!
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@ojamajo ·
Thanks for all what you're doing. We are watching the future right now! :D
👍  
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@olusolaemmanuel ·
My vision and mission on steemit is nit about the money but making things done in the right way. Helping minnows grow and enlighten them on how steemut work. It is a community helping individual
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@onealfa ·
$0.07
Looks like a great good news.. Thanks
👍  
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vote details (1)
@online12hour ·
what tiny flag is that on his chest?
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@onnesion ·
Excellent work from the team! Looking forward to some exciting times ahead! 
This is awesome as people can now monetize all kinds of websites, blogs and forums with this tech! 
A complete game changer this!
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@onnesion ·
You made me laugh today. Cheers to you.
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@onthewayout ·
$0.20
One thing is for sure...I am not selling my Steem.

https://media.giphy.com/media/3oFyCVxsQn6RBa0r5u/giphy.gif
👍  
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vote details (1)
@patricksanlin ·
$0.50
Thanks for your wisdom. As for me I start to fall in love with steemit family. You give us hope to survive. Thank you. 
As disable person, we have not easy to get stable job. Always come and go. Steemit give us good platform for our future.
👍  
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@paul.atreides ·
I think one service that is needed to help make Smart Media Tokens (SMTs) successful is a digital currency exchange that helps regular folks that are not very tech-savvy to keep track of their tax basis when they exchange the tokens for a fiat currency like the British pound or the US dollar.  Perhaps the SMTs themselves could be designed to make it easy to keep track of taxable events such as selling the token for a gain or loss.
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@phaarmakone ·
whay payout declined?
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@adsactly ·
Because this post was done by @ned himself and he didn't want to take a reward for it.
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@phaarmakone ·
ok thanks for the information.
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@prakashghai · (edited)
@ned There are thousands and thousands of struggling photographers and artists / bloggers. This would help a lot of people. Steemit is already more profitable than shutterstock, blogspot, fineartamerica and affiliate marketing when is comes to Photographers...with SMT's you just get "Everyone ALL-in"

SMT will be a revolution.

Thanks ! I cant wait to implement SMT on my blogger.

Greetings from India...
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@princeso ·
Beautiful concept. I am impressed with this great idea. I am happy to be a steemian to get this brilliant info
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@redeauxtech ·
@ned will it be similar to the BTS asset creation? Or a lot more advanced?
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@roniakbar623 ·
hi friends .. may ask for help vote have me
https://steemit.com/photography/@roniakbar623/lakes-located-in-central-aceh-may-be-more-beautiful
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@rubicon1 ·
Wow! This is so exciting.  I've been wondering why the STEEM blockchain hasn't been integrated into more applications already.  My expectations have been that the core STEEM team would roll out proven media platforms powered by STEEM  on their own.  Providing an open platform for the public to do the work in a free market is brilliant.  Now this roll out will occur that much faster.
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@s3rg3 ·
$0.05
“Make everybody else successful too!” Man as more as I read the more I learn about this potential. Great times ahead for the whole internet!
👍  
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@allowisticartist ·
You said it this will lift all together.
👍  
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@segyepark ·
I am so excited to see the future of Steem. Just to let you know that I have also translated this post including the video into Korean so we all can keep updated :)

https://steemit.com/kr/@segyepark/smart-media-tokens
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@seuramoeoutdoor ·
Very useful, thank you @ned
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@sheskates926 ·
Cool idea :)
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@sirwinchester ·
$1.34
Great solution to make Steemit and its technology grow! We are certainly on the way to revolutionize Social Media with the power of cryptocurrency 

Steem On!
👍  , , , ,
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vote details (5)
@sku77-poprocks ·
@ned do you mind if I share this article to my blog off-site? I would run the first paragraph and link back to your article on STEEMIT and your profile. Let me know.
👍  
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vote details (1)
@soonmoon2020 ·
I don't think it's the right time to do it!
Why you not just focus on improving the website and scale the chain before going big?
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@stangeorge ·
Hellz yes!!

https://media.giphy.com/media/C0z65GND5PgzK/giphy.gif
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@stbrians ·
This is something my friend. It is magnificent
👍  
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vote details (1)
@steemitboard ·
Congratulations @ned! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/toppayoutday.png)](http://steemitboard.com/@ned) Your post got the highest payout on one day
[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/commented.png)](http://steemitboard.com/@ned) Award for the number of comments received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)

If you no longer want to receive notifications, reply to this comment with the word `STOP`

> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
properties (22)
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@steemitph ·
In the video @ned answered the question "Why create Smart Media Token". His answer was short and to the point, with details about selflessness, and how the internet - and the world will benefit from SMT. The short answer is "because Steem is a currency of love, and we want to expand the spread of the love currently exclusive to Steemit to the rest of the world through Smart Media Token.
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@stiuly ·
thanks for the information. what your news is useful for us all ..
👍  
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vote details (1)
@sunsetprime ·
We believe in this ! we love this ! we want this so much !!!
👍  
👎  
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vote details (2)
@sunsetprime ·
WEED TOKENS WEED TOKENS WEED TOKENS :)) !!!
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@syehlah ·
$0.30
Thank you @ned for developing steemit all over the world, hopefully your kindness with your friends can be worth the reply.
 i @syehlah from indonesia really need your help.
good success for you @ned your day happy day.
👍  , , , , , , , , ,
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vote details (10)
@tfury ·
Thanks for sharing
properties (22)
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@the-alien ·
"An internet wide revolution!"

This is incredible!
👍  
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vote details (1)
@phaarmakone ·
yeah that's true
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@the-ivor ·
Great points. Make it so!
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@thecryptotrader ·
$0.26
if we beat the competition, this thing will change the world!
👍  , ,
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vote details (3)
@jamesbrown ·
Aim for the sky, baby!
👍  
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vote details (1)
@matt-a ·
I dunno if there *are* any real competitors.
👍  
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vote details (1)
@enazwahsdarb ·
I think that's quite a catch-22 actually.. Although there are no real competitors, his goal is to have these SMT's support the rest of the internet. So for the SMT concept, there might not be competition, but what about for this platform? Won't this give any other platform the power and leverage to potentially do better than Steemit? 

Just my thoughts..
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@thegoliath ·
This is an amazing idea to help others get on board with a successful and viable method of rewards via contribution and work put in, just like Steemit. As Steemit keeps growing, a lot more business and people will see its success and the benefits of something like a Smart Media Token for themselves and I really hope you can make it work @ned.
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@therealwolf ·
$0.49
That is a really really smart move @ned. SMT will make Steem incredible valuable while also filling a demand.
👍  ,
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vote details (2)
@bbrewer ·
$0.15
Finally I find a comment about how this will increase the volume of Steem! That's for sure!
👍  ,
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@g-mor ·
You are so right !!!
👍  
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vote details (1)
@tristan1 ·
I Love it I Love it I Love it 
LongLiveSteem
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@truth-be-told ·
@ned Can you confirm that you really are an advisor to the APPICS team? 
https://i.imgur.com/jvP5Siy.png
https://i.imgur.com/pUcQS3a.png
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@tzap90 ·
$0.02
I dont get it-- so is SMT a completely new token?
👍  
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vote details (1)
@gardenlady ·
Read this example- it might help
https://steemit.com/smt/@donkeypong/the-day-the-paywalls-died-how-steem-s-smart-media-token-saved-my-family-s-newspaper
properties (22)
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@user0103283 ·
https://media.giphy.com/media/26ufdipQqU2lhNA4g/giphy.gif
It will be a welcome change to have the ability to offer smt's to other people across other media platform and @ned I love your term proof of brain in the white paper ha ha ha thank you for taking the time to give us a heads up I know it will turn the INTERNET upside down Cheers,
properties (22)
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@velimir ·
I share your enthusiasm and believe that this technology is beyond fantastic. I wonder though if people are ready for this. I mean Steemit itself is already way too advanced for 98% of the population and most of them have trouble adopting it. SMT is pure science fiction to a vast majority of consumers if we talk everyday usage. Five years, imho, is not enough time for adoption but I personally believe it has a potential to become a total game changer. What is your overall plan of implementation regarding advertisment and marketing?
properties (22)
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@venku898 ·
Good information
properties (22)
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@venku898 ·
Nice
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@weeks ·
$0.14
Very interesting!
👍  ,
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vote details (2)
@wisdombtc ·
Greetings ned where are you from sir?
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@xiobus ·
What does everyone think about YouNow proposing a Props Token? Maybe we can reach out to both people doing SMT and Props? Would be nice if they could be made to fit together.  I think lots of media should get considered. This includes economies of gamification, sharing and attention.
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@xiobus ·
In a video game for instance you could have all 3 being important to the game... not just upvoting a character pack or level....  also them playing on the level with a character for a duration of time for instance.
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