Few Weeks ago 
I Actually thought I had to write about this project, which is going to launch this year, I know lots of Steemians are not Familiar about SMT and SMT has potential to change the world of the internet.
Lots of people like me get involved in the world of Cryptocurrency After they got started their journey on the Steemit. As you know, The future of the internet is changing rapidly, Most of the new Innovations are happening based on the different Cryptocurrency. Steem blockchain & SMT is one of the great examples of this.
In this post, I will illustrate about the SMT and later on, I will write a brief guide to their use cases.
What are Smart Media Tokens (SMTs)?
Smart Media Tokens (SMTs) are digital assets that will allow every Content creators to Monetize their websites and earn rewards outside of the Steemit.
SMT is based on the Steem blockchain and It refers to a specific Cryptocurrency token "Steem" which basically enables anyone the creation of their own Steem like Social media tokens. SMT will use the same public/private key management system and user-friendly account names like the Steemit platform and It is like tokens build on the Ethereum's ERC-20 network. With the help of SMT content creators and curator earn rewards the same way by upvotes or likes.
As I said, SMT is based on the Steem blockchain, So here are some of the benefits that Steem blockchain offers to SMT.
Steem blockchain can handle more than one and half million transactions in the 24 hours without giving any serious issue. You can checkout at blocktivity.info.
It also allows you to instant transferring money and confirmed transactions within a few seconds as opposed to Bitcoin which might take several days to respond back to the unconfirmed transactions.
Steem blockchain doesn't charge you any fee on the Transactions.
How SMT will bring Success on the Steem blockchain?
SMT is introducing a new way of monetization for bloggers, forums or any other kind of websites which is a great opportunity for both Content publisher and curator to earn rewards and It also includes a built-in option for anyone to launch there on Initial Coin Offering (ICO). It will be also a challenge for the bigger companies like Facebook, YouTube and Medium etc., because new innovations are totally created on the decentralised concept and some of them are already created on the Steem blockchain like Steemit, DTube, and Utopian.
I hope that After the launch of SMT, Most of the websites will Integrate SMT as the source of Monetizing their website and There is also a possibility that the bigger websites also launch their own Cryptocurrency tokens or might integrate SMT.
If a large number of websites will integrate SMT into the world of internet, then It will increase the number of transactions on the Steem blockchain and The huge number of transactions will make the Steem tokens more valuable. Some of the Witnesses believe that SMT will help the growth & demand of Steem blockchain and it also increases the value of Steem up to the 25$ - 50$ within a few years.
Conclusion
It's all a matter of time that what SMT will bring and what success the whole steem blockchain will achieve? but I think, It is a great initiative and has potential to change the whole internet. It will basically increase the demand & value of Steem Cryptocurrency.
Now I'd like to hear from you about the SMTs and how It will bring success on the Steem blockchain by sharing your useful thoughts below in the comment, Maybe I missed something.
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