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RE: GOOD PERSON TOKEN: Something Big Is Coming From Steemit Inc!

in #steem7 years ago (edited)

The "GPT" tokens would be put into a Reward Pool similar to STEEM. Then the tokens will be distributed by the whitelisted accounts. The amount would depend on the inflation that was programmed into the "GPT" Smart Media Token.

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Thank you. But still a bit confused. Above it's stated that every/post comment can have up to 3 coins/tokens. Assuming SBD will always be one of those, will GMT be something attached to Steemit.com posts/comments automatically (if whitelisted). If that is the case, than am I correct in assuming that only leaves 1 additional coin per post/comment in addendum when posting through the Steemit.com condenser.

Further, what about other interfaces like Dtube, Busy, etc. Those would not be at all GPT involved?

No, every post can receive an unlimited amount of coins depending on how many SMTs get created by the community. I could see hundreds of SMTs after the first year which means probably over a dozen tokens for rewards of all kinds (we can't imagine everything yet).

Oh wow. How do you think wallets will be set up? Each coin has to make their own? Do you think there will be a multi-wallet?

It will be similar to Ethereum. One account will be able to hold any amount of tokens. I think Steemit will update Condenser to recognize all of the tokens in your wallet.

No, SBD is just a liability/debt of the STEEM token. So you will still have 2 more additional tokens per post. I'm making a guess, but I think once we get SMT's it might not be too difficult to upgrade to accept more tokens per post or comment. I think 5 would be a nice number.