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What is the best way to plan for the upcoming SMT? by cryptocopy

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What is the best way to plan for the upcoming SMT?
<a href="https://musing.io/q/timisireblessing/p3ub6s7hx">View this answer on Musing.io</a><br />
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authorcryptocopy
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json_metadata"{"app":"Musing","appTags":["SMT"],"appCategory":"SMT","appBody":"<p>With the upcoming launch of Smart Media Tokens (SMT) just months away, the best thing regular Steemians can do to prepare for its launch is to power up and increase STEEM Power.&nbsp;</p>\n<p>The launch of SMTs is expected to increase the demand for STEEM, which in turn, could drive its price higher. This is because in order to launch an SMT, the owner of that SMT will need to have a lot of STEEM Power, so they could generate enough Resource Credits to transact in the blockchain. Thus, those who power up and vest their STEEM in the platform long-term can see huge profits once the STEEM Price increases. And with STEEM still at a relatively low price, hovering at just less than $1 US at the moment, the potential gains can be huge.</p>\n<p>Aside from powering up, Steemians can also start getting involved in the many DApps in the Steem ecosystem. These DApps are the ones expected to invest in STEEM and launch their own SMT Tokens. Thus, Steemians who want to get in the ground floor before these DApps blow up can get started early and build their accounts even before SMTs are launched.&nbsp;</p>\n<p>For example, DApps like Steemhunt and Appics have already begun airdrops and bounties for their soon-to-be-launched SMTs as early as now. And even if the DApp has yet to announce their own SMT, it's still a good idea to get involved with websites like Musing.io, which could be a big Q&amp;A platform, if it decides to launch an SMT in the future. &nbsp;&nbsp;</p>\n<p><em>(NOTE: The question was pretty vague with what it meant by \"planning for the upcoming SMT\". So, I'm answering the question assuming that you meant what regular Steemians like you and me could do to plan and prepare, so we could benefit from the upcoming launch of SMTs.)</em></p>\n<p>Source:</p>\n<p>Smart Media Tokens. https://smt.steem.io/</p>","appDepth":2,"appParentPermlink":"p3ub6s7hx","appParentAuthor":"timisireblessing","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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