Steem community is a growing platform that has been around for just over three years. The platform has been through a lot of changes and upgrades over time and after 21 hardforks, it has evolved into what we have today. In that period, it has developed into one of the best blockchains in the world and was recognized as the 3rd best blockchain technology in China.

Talks about Smart Media Tokens has been in and around the blocks lately. In a recent tweet by the steem account, it was announced that Smart Media Tokens wizard will be launched shortly after Steemfest and members of the public will have access to them.

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What are Smart Media Tokens?

Smart media tokens or SMT for short, as it is called within Steem community is the latest trend in the evolution of the internet. It is a flagship concept developed by steemit which gives every individual the power to create their own customizable token. What sets it apart from other tokens?

• It is easily customizable
• Requires virtually zero technical knowledge
• You don’t need to write any line of code, the system is all automated.
• Your airdrop and token is backed by Steem blockchain.

What this means, in essence, is that virtually anybody can launch an ICO without the prerequisite need for deep understanding of programming and run your application on the battle-tested blockchain that has existed for the last three years.

Potential

There’s a lot of excitement coming from Steem community in recent times. The recent changes in the system has led whales and proactive members of the community to take preemptive steps that will ensure the longevity of the platform and made it more attractive for people to join. This has led to a reduction in reward pool rape and bidbot abuse.

The SMT launch will take things a step further and attract potential business opportunities and individuals to Steem community. Steem is already an attractive place to do business; you get to enjoy feeless transactions, a large and indulgent population of users, and a socially active community where you can learn and interact with. With the launch of SMTs, you can now easily implement your idea on Steem blockchain and create value.

For more information

Check

https://steemit.com/smt/@steemitblog/initial-coin-offerings-with-smts

https://steemit.com/testnet/@steemitblog/new-testnet-deployed

https://steemit.com/smts/@steemitblog/understanding-smt-features

https://steemit.com/steem/@aggroed/steem-ranked-3rd-best-blockchain-by-china

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