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RE: Convergence: The Key To STEEM's Massive Explosion In The Near Future: Part 6
You argue in a very compelling way and I'm inclined to agree with you, we will see how well the Vice SMT does and how long it takes them to draw a user base. I know they are distributing 10% of tokens to STEEM holders so that will be good for their brand awareness and should draw some users immediately over to their platform. I briefly looked through their whitepaper but couldn't find a reason for why their token will really have value for the average user, as in, why would anybody want to buy them? Is the Vice token going to have a power up type function just like STEEM does?
I didnt know they were distributing 10% of the tokens to STEEM holders...that is awesome...I like free money.
I presume STEEM also means SP.
I would presume the same power up process is available. I cant be sure but it sounded like the same aspects as on STEEM applied to the SMT tokens. The major difference was the percentage breakdown of the transactions and new tokens created. The needs to be a way to decipher differences in voting power and SP is the only way I can see so far. If Vice is following the same upvote, commenting system, they need a way to have active users have more voting power.
And I would presume the "author" rewards simply will go to the company that created the video.