Steemit CEO Net Scott Announces Smart Media Tokens - Steemit
There's really five value flows in steam especially after the creation of SM T's it's going to be very important the first is that steam acts as the sort of bandwidth calculation token in all of this, and you know what bandwidth calculation token really means is that most black chains need to prevent spam right and so the way you do that is you have costs or fees incurred on the people who are doing transactions right either sending tokens or making blog posts or what have you so in steam people never have to pay fees all they have to do is hold steam.
If they hold steam they're granted certain amounts of bandwidth rights and bandwidth that they can use and so when they go to transact they never have to take anything out of their pocket and give it to anybody else and that's key because if you you know had to pay fees for instance on facebook or on reddit to make a post you know you're far less.