Just two weeks ago I started to delegate Steem Power to one of the most promising Smart Media Token projects: Actifit. With their amazing bounty program I have achieved what I have not achieved with any cryptocurrency so far and became an Orca.
Actifit Orca
This is the beauty of bounty systems. You can start earning a token long before its creation and become a super early adopter. That is exactly what I did with , the app that rewards you for your activity. Currently, everyone is earning Steem upvotes but when the system launches its own SMT than we will earn AFIT tokens instead.
Using the bounty delegation program I have already accumulated a nice amount of AFIT. Within just two weeks I became an Orca, which means more than 50,000 tokens. I was able to achieve that with a 5,000 Steem Power delegation that rewards me with 5,000 AFIT per day. This is the early bird offer and is limited to 100,000 tokens per day. Actifit has currently close to 70k SP delegated so the early bird offer is still active. Check out their latest post to learn more about the bounty system.
Compounding Interest With SMTs
Steem is a compounding machine that creates a passive income stream for the users. The same is true for all Smart Media Tokens, independent from their final market value. Even if one AFIT token will be worth just $0.01 in the future it will still have the same Steem functionality and will grow my stake over time while I support the users of the application.
Making good use of ones voting power and avoiding idle times at 100% is the key to activate such interest. I am not exactly sure how easy it will be to automize activities on SMT projects but I am sure there will be services like that will also work for SMTs. That allows us to run upvotes all day long and earn curation rewards in form of AFIT Power that will grow our accounts and create the passive income we all are striving for.
on Steemit
- Actifit Discord
- Actifit Website
What do you think will happen with SMTs? Will they become additional income streams for content creators? Will we see abundance of tokens and wealth? Or is that all a big shiny bubble that is nothing else but empty promises as the SMT code is still not released for the Steem blockchain?