hello, brother and sister all. Greetings community, congratulations friends, let's join in the steemit activity with the latest version of the steem token, titled Smart Media Tokens Now Live on TestNet! MainNet launch early 2020!.
SMTs are digital assets on the Steem blockchain that can be launched by anyone to help monetize online content and create incentives to encourage desired user behavior.
Unlike Ethereum's ERC-20 tokens, SMTs have built-in Proof-of-Brain properties and a token distribution reward system designed specifically for digital content businesses. Tokens enable publishers to create mutually beneficial community based economic incentives to drive platform growth. Smart tokens with near instant settlement and zero transaction fees opens up new non-advertising business models.
Publishers can also use the tokens to fundraise via an Initial Coin Offering (ICO).
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