| json_metadata | "{"appParentPermlink":"f364t58kq","musingAppId":"aU2p3C3a8N","appTags":["Steem"],"appDepth":2,"appBody":"<p>I believe that SMT's are mainly a sign of hope for the community at the moment. The benefits will be many and varied, but given the current state of the overall market, and STEEM's decline out of the top 50 on coinmarketcap, I think people here on STEEM are looking to SMT's to \"save\" us.<\/p>\n<p>SMT's will mainly be used by dApps like @steemhunt @actifit @steemmonsters and so on to reward their users and contributors. The one's that are most likely to do well in my opinion are the one's planning both ways to earn the token, and more importantly ways to use them.<\/p>\n<p>> What will be their use case?<\/p>\n<p>Each SMT created will have a different use case. The one's that I have seen with a defined plan for use that makes sense to me are @steemhunt and @actifit. <\/p>\n<p>* HUNT tokens are planned to be useable as I understand it for influence and promotion. Say a company wants to launch a product, and wants Steemhunt users to trial and promote it as part of the product launch. The company would have to buy HUNT tokens on the market to pay for promotions by rewarding reviewers and early adopters. Also, users will be able to spend their HUNT tokens on products or services, or to crowdfund like a HUNT based kickstarter.<\/p>\n<p>* It is planned that AFIT tokens will be able to be used to purchase fitness related products and services. Tokens earnt now could be used in the future for a new fitbit for example. <\/p>\n<p>There are many other potential use cases that will vary from project to project, but these are 2 examples.<\/p>\n<p>During the good times in the crypto market (last year) Tokens on the Etherium network were on of the factors driving up the price of ETH. I think many people in STEEM are hoping for a similar outcome when SMT's finally arrive. <\/p>","appCategory":"Steem","app":"musing\/1.1","appParentAuthor":"acesontop","musingPostType":"answer","appTitle":"What will SMTs actually change about Steem and why are they so awaited by the Steem community?","musingAppVersion":"1.1"}" |
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