So how does this influence the price of STEEM. I see the increase in the use of the STEEEMIT blockchain and the potential to increase the number of users but price of STEEM. Still a bit lost.
RE: Dissecting the Smart Media Token (SMT) Whitepaper (an Easy Overview)
You are viewing a single comment's thread from:
Dissecting the Smart Media Token (SMT) Whitepaper (an Easy Overview)
Hi Cody, see my above comment STEEM is the currency, Steem is the blockchain and Steemit is the social networking platform (blockchain explorer).
Re: Price implications - Just like ERC20 tokens, where people have to use Ether to participate in the ICOs, people who wish to participate in SMT ICOs are going to need to purchase Steem :)
Steem will be a far better blockchain for ICOs as the transactions are ~ instant and there are no tx fees.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit