One of the beauty of the Blockchain is it's ability to surpass human imagination, this Surprise Elements is what makes it unique. Part of the Uniqueness is a surprise package in the form of a $20 Million investment in the SMT from Global Blockchain Technologies Corp!
Investments from the Steem Fund will be comprised of both Steem tokens tradeable on liquid exchanges and through traditional US dollar investments.
The Steem Fund will be architected to support the accelerated development of applications based on Steem's Smart Media Token (SMT) protocol, allowing native tokens based on the Steem blockchain, said a statement.
SMTs are a technology that allows individual organisations and companies to integrate a customisable and intelligent token system into their website, portal, or platform, it said.- International Business Times
Last year, it was a huge surprise when Hive account@laonie invested about 400 Bitcoin into Steem, mysteriously something went wrong and he left along with all the invested Token which by now is valued at about $2.5 Million Plus. Hopefully SMT opens the doors to more investors all over the Globe and hence ensure mass adoption of Steem/SBD worldwide.
