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RE: Steemit Smart Media Tokens: A Promise Waiting to be Fulfilled
You have good points in the article and plenty use cases for SMT's some of which are already starting to show. You mentioned as a tool for tipping and there was an article that i saw earlier which has a concept like this.
Where I think the major success will be is when an existing site with ad revenue buys into the system as the will have the money coming in to fund the tokens and use it to monetize the users.
If say a social media site designed more along the lines of facebook started using a SMT then surely they would get more users and therefore create more ad revenue so that everybody was earning from the site.
Agree with your points. Centralized networks such as Facebook can easily use Steem's blockchain to continue mining "like" data for themselves as well as reward the user with Steem. Actually, the only thing that holds them back from doing that is control of the data, privacy, and latency. But surely, networks with powerfully built-up network effects would splash into this space in a major way.
I did see steemtipper. Seems like a worthwhile venture to bring non-Steemians into the world of Steem and its benefits.