| json_metadata | "{"appParentPermlink":"f364t58kq","musingAppId":"aU2p3C3a8N","appTags":["Steem"],"appDepth":2,"appBody":"<p>My understanding on how it will help increase the price of STEEM is this: (<em>I could be wrong in my understanding here though so feel free to correct me XD<\/em>)<\/p>\n<p>Take for example SteemMonsters. a game built on top of the Steem blockchain. All actions\/transactions happening in that game are being recorded on the blockchain, from buying a booster pack, opening a card and even battling. All these actions are being put into the blockchain, and as some of us know <strong>ALL transactions to the Steem Blockchain will cost some bandwidth or Resource Credits.<\/strong><\/p>\n<p>In order for a DApp under SMT to fully function, that DApp will need to hodl or own first A LOT of Steem Power and this here is why I think it will likely increase the price of Steem. The more DApps under SMT is developed, the more the demand for Steem is in the market thus increasing it's market value.<\/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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