This is an email that received regarding the Vice ICO.
Here is the important part for Steemians.
Throughout the crowdsale, people have asked why we continue to support Steem when we no longer planned to become a Steem Smart Media Token. We were planning to airdrop VIT to Steem holders. Today we announce that we will no longer be supporting any airdrop to Steem holders. After careful consideration, the Vice Industry Token management team and advisors decided unanimously through consensus that VIT will instead reward only direct participants of the VIT crowdsale.
https://steemit.com/steem/@oldtimer/vice-industry-token-to-steemians-fuck-off
This is disappointing news but not totally out of character. The Vice team initially was going to use the SMT protocol before deciding to fork the blockchain. Then they decided they were going to Airdrop Steemians tokens, now to pull that off the table.
We are seeing life in an open world where the code is out there for anyone to use.
Hopefully we see the SMT protocol come out soon.
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