Community post
SMT - Am I missing something?
I have been doing some thinking about the new SMT news and I was wondering:
For the average Steemit user that doesn't have a community they have built ... what is the worth of accumulating multiple SMTs?
How can the average Steemit user be a part of this new development?
I feel the need to do something but not really sure what that is.
Can anyone shed some light on this?
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Replies (6)
Hi Robin, ICOs on the Steem blockchain mean a ton of money coming into STEEM ;)
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STOPThanks @bulleth. Can you explain a bit more how more money coming into STEEM benefits the typical user. It sounds like a good thing to me but I am not sure why that is. Does it increase the value of Steem (raise the price per coin?). Does it translate to more users on the Steemit platform? How can a typical user benefit from this? What can I do to maximize that benefit?
Ceteris paribus, more demand = higher price :)
The higher the STEEM price, the more SBD you get per post and the more your STEEM POWER is worth :)
Wow that is great @bulleth . That would benefit everyone then. Is there anything that we can do to help this along to maximize the success of SMTs?
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