Users can exchange Seemit tokens, or SBD at current price in the Steemit Currency Market, which is a part of the Steemit price for users. Users can also spend their SBD at the Peerhub Store. Steemit powers smart media tokens for publishers to monetize their content and grow their communities. It’s a blockchain rewards system allowing any user to launch smart media tokens to monetize online content and encourage the right user behavior. SMTs are similar to Ethereum’s ERC-20 tokens, but include a built-in “proof-of-brain” property with its token distribution reward system.
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