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RE: Tokens will soon be here on Steem with Steem-Engine and a FIAT/STEEM exchange is being developed called freedomex.io.
I just want you to be aware that if we need to trust @steemsc account, then we can just wait for the real SMT instead.
Vaporchains from @fulltimegeek where much more transparent. Unfortunately he stopped working on it.
Only temporarily ...
I appreciate you bringing this topic up because it motivates me to push forward.
What I've been doing in the meantime was changing how my fulltimebots operate by rewarding comments a lot more than blogs. This should encourage engagement on the blockchain. Keeping real humans on here should be our priority #1 ... without that, it doesn't matter what we do.
Totally agree !! I recently started an Initiative called DtubeRockers. Where I Discover, Spotlight. and Reward Steemians who Rock on Dtube with an emphasis on Engagement and High Quality Commenting :)
A lot of people are secretly waiting for vaporchains.
You don't need to trust the @steemsc account for anything. All it is is the initial distribution mechanism for the ENG token and a way to raise funds to support the development of the project.
All of the code, including the existing smart contracts, are open source and available for anyone to run and independently verify.