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Take Time To Learn About SMTs by purepinay

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smartmediatokens · @purepinay · (edited)
$60.77
Take Time To Learn About SMTs
<br>

![IMG_20171022_175425481_BURST000_COVER_TOP.jpg](https://ipfs.busy.org/ipfs/QmQSBHW1xb4mPvxgXdvVGCY3ZcK2G9CRVF4HT8gde44v5E)



If you've been hanging around Steemit for some time you may have heard of the term Smart Media Token or SMT for short. A lot has been made of the launch of SMT which has been delayed for some time but now looks to be back on track and it's got quite a few people excited about this new development. 

Once SMT's launch STEEM will have its own native token system like Ethereum, Tron and EOS which will allow individuals and companies to create their token economy or business on the STEEM blockchain.


![image.png](https://ipfs.busy.org/ipfs/QmYSZDJYXFX344hYzyEqTmzmQNQQWhtpn7Nq3B7A29Qtqi)

## Why SMTs?

SMT's will look to take the pressure off STEEM in terms of development and provide independent businesses with the opportunity to create reward systems with the underlying technology but change the way it works to suit their needs and community.

These communities would need to hold STEEM to create SMT's meaning plenty of STEEM could be removed from the open market and held by dapp owners and businesses who want to run an SMT and reduce the amount of liquid STEEM on the open market and hopefully improve the price of STEEM and create a more stable demand for the coin.

## How will SMT's work?

Once SMT's launch new dapps and sites can be created that can copy the steemit system or refine it to work for them and reward their users using their own token. Users will then be able to take those tokens and trade it for STEEM, SBD or other SMT's on the internal market.

This will create unique trading pairs against STEEM and provide added opportunity to trade with STEEM or against STEEM without ever leaving the ecosystem. Imagine being able to trade cryptocurrency but owning the keys to your own wallet. 

##### Are you excited about the launch of SMTs?


<center>

![](https://steemitimages.com/0x0/https://usermedia.actifit.io/1f4dd592-3642-4168-a452-4647ec69c2d7)

![](https://cdn.steemitimages.com/DQmYT8irsBResaFzBdSzaSjWeWkcocSG2aEtkPZZLJrSfTp/20190205_155742.gif)

</center>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 403 others
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vote details (467)
@akumagai · 
Can you provide more context or elaboration on these Smart Media Tokens? And won't these different communities just drive us away from steemit?

Posted using [Partiko Android](https://partiko.app/referral/akumagai)
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@arcange · 
Congratulations @purepinay!
Your post was mentioned in the [Steem Hit Parade](/hit-parade/@arcange/daily-hit-parade-20190822) in the following category:

* Pending payout - Ranked 5 with $ 55,9
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@blaogao · 
Hope earlier will happened

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@misterengagement · 
<center>  <img src='https://cdn.steemitimages.com/50x50/https://cdn.steemitimages.com/DQmdHfkhCPGYcfUqZqT4Br3nsmCpeVPj1BcLoepVX2PYeAE/engagetoken.png/' />  <p>There has already been too much <code>ENGAGE</code> today.</p>  <p><sup>To view or trade <code>ENGAGE</code> go to <a href='https://steem-engine.com/?p=market&t=ENGAGE'>steem-engine.com</a>.</sup></p></center>
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@purepinay · 
!ENGAGE 50

Posted using [Partiko Android](https://partiko.app/referral/purepinay)
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@bluengel · 
Go Go Go SMT 💙

Posted using [Partiko Android](https://partiko.app/referral/bluengel)
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@ceattlestretch · 
Thanks for the explanation, interesting
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@misterengagement · 
<center>  <img src='https://cdn.steemitimages.com/50x50/https://cdn.steemitimages.com/DQmdHfkhCPGYcfUqZqT4Br3nsmCpeVPj1BcLoepVX2PYeAE/engagetoken.png/' />  <p>There has already been too much <code>ENGAGE</code> today.</p>  <p><sup>To view or trade <code>ENGAGE</code> go to <a href='https://steem-engine.com/?p=market&t=ENGAGE'>steem-engine.com</a>.</sup></p></center>
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@purepinay · 
!ENGAGE 100

Posted using [Partiko Android](https://partiko.app/referral/purepinay)
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@foxkoit · 
Soon we see how it works ... I want also see what they make :)
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@misterengagement · 
<center>  <img src='https://cdn.steemitimages.com/50x50/https://cdn.steemitimages.com/DQmdHfkhCPGYcfUqZqT4Br3nsmCpeVPj1BcLoepVX2PYeAE/engagetoken.png/' />  <p>There has already been too much <code>ENGAGE</code> today.</p>  <p><sup>To view or trade <code>ENGAGE</code> go to <a href='https://steem-engine.com/?p=market&t=ENGAGE'>steem-engine.com</a>.</sup></p></center>
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@purepinay · 
!ENGAGE 100

Posted using [Partiko Android](https://partiko.app/referral/purepinay)
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@foxkoit · 
ok ...ok :)
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@frankcapital · 
When PPC?

😎👌

Posted using [Partiko Android](https://partiko.app/referral/frankcapital)
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@gingbabida · 
Great! This is exciting! 😍
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@misterengagement · 
<center>  <img src='https://cdn.steemitimages.com/50x50/https://cdn.steemitimages.com/DQmdHfkhCPGYcfUqZqT4Br3nsmCpeVPj1BcLoepVX2PYeAE/engagetoken.png/' />  <p>There has already been too much <code>ENGAGE</code> today.</p>  <p><sup>To view or trade <code>ENGAGE</code> go to <a href='https://steem-engine.com/?p=market&t=ENGAGE'>steem-engine.com</a>.</sup></p></center>
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@purepinay · 
!ENGAGE 50

Posted using [Partiko Android](https://partiko.app/referral/purepinay)
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@hafijur-rahman · (edited)
Thats good news.yeh you are gret,,,,,,you help me i am steemit a new...
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@imran101 · 
It would have been nice to have discussed this project in more detail, but it is not well understood
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@jaylordlobitana · 
Yeah, and SMT is a really great help especially to the planktons like myself.😊

Posted using [Partiko Android](https://partiko.app/referral/jaylordlobitana)
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@livecam · 
Thats good news.
Is that true that you have in the Philippines Bitcoin ATMs?
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@madushanka · 
@purepinay, Well explanation about SMT's. I'm really exciting about launch of SMTs. I believe SMTs bring huge value.
properties (22)
authormadushanka
permlinkpwmtha
categorysmartmediatokens
json_metadata{"tags":["smartmediatokens"],"users":["purepinay"],"app":"steemit/0.1"}
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@marinmex · 
SMTs letters that fill our eyes to want to continue learning and discovering in this interesting ecosystem, we pray that these changes are for the good of all. Happiness always friend @purepinay

Posted using [Partiko Android](https://partiko.app/referral/marinmex)
properties (22)
authormarinmex
permlinkmarinmex-re-purepinay-take-time-to-learn-about-smts-20190822t182808778z
categorysmartmediatokens
json_metadata{"app":"partiko","client":"android"}
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@meditations · 
Interesting and confusing at the same time.
properties (22)
authormeditations
permlinkre-purepinay-2019822t21115567z
categorysmartmediatokens
json_metadata{"tags":["smartmediatokens","steem","busy","community"],"app":"esteem/2.0.0-mobile","format":"markdown+html","community":"esteem.app"}
created2019-08-22 07:11:18
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@misterengagement · 
<center>  <img src='https://cdn.steemitimages.com/50x50/https://cdn.steemitimages.com/DQmdHfkhCPGYcfUqZqT4Br3nsmCpeVPj1BcLoepVX2PYeAE/engagetoken.png/' />  <p>There has already been too much <code>ENGAGE</code> today.</p>  <p><sup>To view or trade <code>ENGAGE</code> go to <a href='https://steem-engine.com/?p=market&t=ENGAGE'>steem-engine.com</a>.</sup></p></center>
properties (22)
authormisterengagement
permlinkre-re-purepinay-2019822t21115567z-20190822t072651z
categorysmartmediatokens
json_metadata"{"app": "beem/0.20.23"}"
created2019-08-22 07:26:54
last_update2019-08-22 07:26:54
depth2
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@purepinay · 
!ENGAGE 100

Posted using [Partiko Android](https://partiko.app/referral/purepinay)
properties (22)
authorpurepinay
permlinkpurepinay-re-meditations-re-purepinay-2019822t21115567z-20190822t072640564z
categorysmartmediatokens
json_metadata{"app":"partiko","client":"android"}
created2019-08-22 07:26:42
last_update2019-08-22 07:26:42
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@oldtimer · 
On steem engine, you can already see how it works in real life.
properties (22)
authoroldtimer
permlinkpwmjlo
categorysmartmediatokens
json_metadata{"tags":["smartmediatokens"],"app":"steemit/0.1"}
created2019-08-22 06:05:48
last_update2019-08-22 06:05:48
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@misterengagement · 
<center>  <img src='https://cdn.steemitimages.com/50x50/https://cdn.steemitimages.com/DQmdHfkhCPGYcfUqZqT4Br3nsmCpeVPj1BcLoepVX2PYeAE/engagetoken.png/' />  <p>There has already been too much <code>ENGAGE</code> today.</p>  <p><sup>To view or trade <code>ENGAGE</code> go to <a href='https://steem-engine.com/?p=market&t=ENGAGE'>steem-engine.com</a>.</sup></p></center>
properties (22)
authormisterengagement
permlinkre-pwmjlo-20190822t072444z
categorysmartmediatokens
json_metadata"{"app": "beem/0.20.23"}"
created2019-08-22 07:24:48
last_update2019-08-22 07:24:48
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@purepinay · 
!ENGAGE 100

Posted using [Partiko Android](https://partiko.app/referral/purepinay)
properties (22)
authorpurepinay
permlinkpurepinay-re-oldtimer-pwmjlo-20190822t072434655z
categorysmartmediatokens
json_metadata{"app":"partiko","client":"android"}
created2019-08-22 07:24:36
last_update2019-08-22 07:24:36
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@steem-plus ·
SteemPlus upvote
Hi, @purepinay!

You just got a **1.36%** upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in [here](https://steemit.com/@steem-plus) to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
properties (22)
authorsteem-plus
permlinktake-time-to-learn-about-smts---vote-steemplus
categorysmartmediatokens
json_metadata{}
created2019-08-22 18:35:06
last_update2019-08-22 18:35:06
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@steemitboard · 
Congratulations @purepinay! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://steemitimages.com/60x70/http://steemitboard.com/@purepinay/posts.png?201908220614"></td><td>You published more than 550 posts. Your next target is to reach 600 posts.</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@purepinay) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=purepinay)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!


> You can upvote this notification to help all Steem users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
properties (22)
authorsteemitboard
permlinksteemitboard-notify-purepinay-20190822t063817000z
categorysmartmediatokens
json_metadata{"image":["https://steemitboard.com/img/notify.png"]}
created2019-08-22 06:38:18
last_update2019-08-22 06:38:18
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@videoaddiction · 
Thanks for the information, I was looking for it.

Posted using [Partiko Android](https://partiko.app/referral/videoaddiction)
properties (22)
authorvideoaddiction
permlinkvideoaddiction-re-purepinay-take-time-to-learn-about-smts-20190822t064559553z
categorysmartmediatokens
json_metadata{"app":"partiko","client":"android"}
created2019-08-22 06:46:00
last_update2019-08-22 06:46:00
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@waybeyondpadthai · 
I so am excited about itttt 😊😊😊

Posted using [Partiko Android](https://partiko.app/referral/waybeyondpadthai)
properties (22)
authorwaybeyondpadthai
permlinkwaybeyondpadthai-re-purepinay-take-time-to-learn-about-smts-20190822t121520548z
categorysmartmediatokens
json_metadata{"app":"partiko","client":"android"}
created2019-08-22 12:15:21
last_update2019-08-22 12:15:21
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