Today is a huge day for Steemit and for those who don't have time to read through the SMT whitepaper right now ( when you get the time you really should ) here is the TL;DR version:
- Tokens are being added to Steemit like Ethereum has ERC-20 Tokens.
- Anyone can launch their own token for $1 and start an ICO.
- Comments sections of popular sites (like the New York Times) will be able to reward people for contributing quality comments with tokens and getting a top comment will be financially rewarding and not just for bragging rights.
Here are the links to the full whitepaper and SMTs website:
https://smt.steem.io/smt-whitepaper.pdf
https://smt.steem.io/