Steemit’s CEO, Ned Scott, along with Steem/SMTs Architect and Co-Founder @theoretical explore how adding Oracles to the Steem blockchain will enable entrepreneurs to enhance their Smart Media Token. SMTs will add a revolutionary weapon to the entrepreneur’s arsenal: an industry-leading cryptocurrency with three-second fee-less transfers, that autonomously flows to the most valuable members of a community. Oracles will add laser-targeting to that weapon. They will enable the entrepreneur to install additional safeguards into their ecosystem that help ensure that the only way to win their token is to play by their rules. To date, STEEM is still the only cryptocurrency that is autonomously incentivizing an entire ecosystem–having distributed over $50 million to content creators all over the world–and SMTs enhanced by Oracles will make it easier than ever to replicate our results and even improve upon them.
To learn more about Smart Media Tokens, go to smt.steem.io