RE: With all these developments why Steem records lower ranks in the CoinMarketCap: now 89!
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Status is one that I downloaded. It is priced (in marketcap terms) close to STEEM. It is a messenger application. It is okay but nothing special.
While all you saw is correct about brand, image, and a lack of exchanges, I think we will see a lot of what is going on with Ethereum with SMTs. IT will make Steem a token factory too.
Ultimately, successful projects will not be the ones that people buy the token as much as use it.
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Good points. However, SMT should replicate at least slight case of ERC20 token. However, devs and investors should be aware of SMT's advantage over ERC20. That's what rebranding and marketing will bring in.