Steem (STEEM), a blockchain-based rewards platform for publishers to monetize content, announced today the release dates for its Smart Media Tokens (SMTs), a native digital asset, similar to ERC-20 tokens, on the Steem blockchain that can be quickly launched by anyone to help monetize online content and create incentives to encourage desired user behavior.
— steemit (@steemit) August 15, 2018
According to the announcement, the team can now officially commit to the launch of SMTS on its testnet in January 2019, with an anticipated release and launch of its protocol on the Steem mainnet in March 2019.
Back in May, Steem revealed that its blockchain had recently surpassed one million registered accounts and the number of new users is increasing at an accelerated rate. The largest driver of this activity is Steemit, the first social network and largest DApp built on the Steem blockchain with over 250,000 unique daily visitors.
More: SMTs Release Dates!
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