RE: Disappointed by your pending 50/50 rewards? Don't be!
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You know the way we upvote your posts and you get paid in tokens; well SMTs mean any website can roll out their own tokens and pay them out to their users. Those users can then stake or sell them.
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and these tokens will all be on an exchange then as well and steem is like the mothertoken right?
I am curious what kind of companies (thinking mainstream here) will use these kinds of possibilities. Im one of those who needs examples to see the bigger picture :D
Yes, they'll all be exchangeable for Steem, not sure who's building an exchange interface; but I'm sure it'll be rolled out, maybe even as part of steemitwallet.com.
I could see something like etsy.com starting an SMT. Their sellers get the chance to earn tokens with value; their curators get the chance to find gems and upvote them for curation rewards; and the site gets to be organised organically, by those with a financial incentive to send the best stuff to the top.