RE: Explainer: Value Flows on Steem with SMTs [VIDEO] by vcelier

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RE: Explainer: Value Flows on Steem with SMTs [VIDEO] by vcelier

View this thread on: hive.blog | peakd.com | ecency.com

Viewing a response to: @ned/explainer-value-flows-on-steem-with-smts-video

steem · @vcelier · Oct 2 '17

$6.18

Are SMTs in direct or partial competition with EOS?

👍 themonetaryfew, destbest, pharesim, vcelier, unlockrs, elementm, dana-edwards, pagoda, andybets, shebe, buzzbeergeek, cheftony, shqipe

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@andrarchy · Oct 2 '17

$3.04

Let's get a response to that from @ned on video! I think it makes more sense to ask it the other way around actually!  :)

*Community Liaison, Steemit*

👍 destbest, kevinwong, themonetaryfew, upvotebooster

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@droucil · Oct 2 '17

$0.02

Correct me if I am wrong, but ain't those two different from one another? SMT's are a tool to implement the same kind of functions Steemit has, to an already build platform. EOS is used to make the platform itself.

👍 inquiringtimes

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@stellabelle · Oct 2 '17

$0.54

EOS is a blockchain operating system, the simplest way to explain it. It's not an ICO factory.

👍 matt-a

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@droucil · Oct 2 '17

Used to build those applications on, that is how I understand it. So SMT's would be linked to those applications made on the EOS blockchain.

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1 reply

@eastmael · Oct 7 '17

Similar question here. How does it differ from creating a User Issued Asset (UIA) in DEX?

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@joendegz · Oct 3 '17

@vcelier you have been followed

👎 vcelier

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@littleboy · Oct 2 '17

Yes, I believe it is.

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@mrblu · Oct 3 '17

the same here

👍 mrblu

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@matt-a · Oct 2 '17

I don't think that the two are really comparable.

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@oldtimer · Oct 2 '17

I think that steemit inc. will kill EOS and Ethereum with one shot.

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@buzzbeergeek · Oct 2 '17

$0.15

What about NEO? It gained a lot recently!

👍 vcelier

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@oldtimer · Oct 2 '17

$0.29

We already have a 400K community with wallets and keys. Nobody can catch up. They're too late.

👍 pharesim, buzzbeergeek, rawdawg

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5 replies

@matt-a · Oct 2 '17 (edited)

$0.40

Well, I don't think they'll do anything to each other but help each other, to be honest.  I think that it will be pretty harmonious; symbiotic.  Well, aside from Ethereum.  I feel like that one's going to suffer some harsh blows.

👍 kotturinn, lovejoy, droucil

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@nejc1107 · Oct 3 '17 (edited)

Slovenian BOSSMAN lady’s and gentleman’s 😁💪💪💪 @oldtimer !!

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@stellabelle · Oct 2 '17

$0.04

this is one of my questions as well.

👍 steempowerpics

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@steempowerpics · Oct 5 '17

SMTs on Steemit are the equivalent of UIA on Bitshares, already used by many projects and whales to support communities here, so this is a way to bring that function internal to Steemit itself. *This has nothing to do with EOS.* :-)

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@eastmael · Oct 7 '17

I posted my comment below before reading this. 

Yes, I do find similarities between UIAs and SMT. But where do they differ?

> so this is a way to bring that function internal to Steemit itself. 

SMTs are Steem-specific (to bring in more demand for Steem)? As for UIAs, you create your own token for your own consumption and you generate the demand for it?

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2 replies

@topnetworkeral · Oct 2 '17

$0.42

great question here -

👍 destbest

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