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SMT - Am I missing something?

BY: @robinjohnston | CREATED: Sept. 30, 2017, 3 a.m. | VOTES: 38 | PAYOUT: $0.21 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmaD9qMKLrxWPc2tUbicjdXjP1KL7mS6VkLjBnHdA1FYwc/IMG_0160.JPG]

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?

Image Source: Pixabay

TAGS: [ #smt ] [ #steemit ] [ #question ] [ #learning ] [ #tokens ]

Replies

@bulleth | Sept. 30, 2017, 4:07 a.m. | Votes: 1 | [ VOTE ]

Hi Robin, ICOs on the Steem blockchain mean a ton of money coming into STEEM ;)

@robinjohnston | Sept. 30, 2017, 12:49 p.m. | Votes: 0 | [ VOTE ]

Thanks @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?

@bulleth | Sept. 30, 2017, 1:21 p.m. | Votes: 1 | [ VOTE ]

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 :)

@robinjohnston | Sept. 30, 2017, 2:52 p.m. | Votes: 0 | [ VOTE ]

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?

@steemitboard | Sept. 30, 2017, 8:14 a.m. | Votes: 0 | [ VOTE ]

Congratulations @robinjohnston! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

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@steemitboard | June 13, 2019, 4:48 p.m. | Votes: 0 | [ VOTE ]

Congratulations @robinjohnston! You received a personal award!

https://steemitimages.com/70x70/http://steemitboard.com/@robinjohnston/birthday2.pngHappy Birthday! - You are on the Steem blockchain for 2 years!

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