I haven't read the white paper (actually I don't think I ever read any white paper) for smt but rather only some posts on steemit so obviously I am missing a lot of information.
The way I understand smt is something like bat (basic attention token). Can someone explain the difference?
In addition within bitshares anyone can issue very easily his own token. So what smt has to offer more than a user token issue via bitshares? Anyone can create a token in bitshares and use it to reward curators, blockers of their website etc..
I don't want to diminish this very nice development about the creation of smart media tokens or ICOs taking place via steem blockchain but rather want to understand if there are any benefits vs. creating a token for whatever specific reason and model anyone want to implement via bitshares.