___|  _ \   |  |    |   |_ _|\ \     / ____|
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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

How does Steemit work?

BY: @sam-wise | CREATED: Oct. 3, 2017, 8:59 a.m. | VOTES: 4 | PAYOUT: $0.00 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmXDQPWL6E7Vq3zYtq1v6rdzXBbGqTkLBEk6BUh7YV3GHP/image.png]

Seriously though....how does this make money?

And how will SMTs generate value?

It all seems very inflationary.

Image

TAGS: [ #steemit ] [ #how ] [ #crypto ] [ #learn ]

Replies

@caita | Oct. 5, 2017, 12:56 a.m. | Votes: 1 | [ VOTE ]

Have you watched these from @ned -- basically STEEM bandwidth and increasing utility (economic and influence) of SMTs generated from ICOs?

https://steemit.com/steem/@ned/explainer-value-flows-on-steem-with-smts-video

Provides some answers but raises more questions...

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