SPORTS - A Steem Engine Token With Voting Power Like PAL And SPT
I am blown away by the speed of new developments, that all come out of the Steem Engine ecosystem: After Palnet and Splintertalk, we are now seeing a sports-focussed platform appearing with SportsTalkSocial, that rewards users with the SPORTS token.
The SPORTS Token
SPORTS is a new token powered by Steem Engine and their ScotBot, mimicking the behavior of Steem, with its own voting power through staking. It also comes with a nitrous instance of the Steemit condenser, the open source code of Steemit, but with the new token showing instead of Steem. By writing about sports-related topics, you can earn upvotes from SPORTS token holders and earn the SPORTS token yourself. It has an inflation system and a 50/50 reward split for authors and curators.
You can then earn both tokens at the same time - and when other tokens are eligible even those. Welcome to the age of abundance, thanks to niche ecosystems on the Steem blockchain. Steem Engine has allowed us to taste what Steemit has promised with Smart Media Tokens but never delivered.
Learn more about the token on the announcement post by @patrickulrich.
Similarities To Palnet And Splintertalk
Palnet just started two weeks ago with PAL and the price is up, already showing how much demand is on Steem for a change. Splintertalk with the SPT token has not even shown a use-case yet but people start to buy it up harder than Dark Energy Crystals, the actual ingame currency of @Splinterlands. Sports is a welcome addition to the hype and comes with its own nitrous instance of Steemit as well, making the transition so much easier for new users.
However, similar to Palnet and Splintertalk, you can simply post from any Steem frontend and use the tag #sportstalk. This will show your posts automatically on the SportsTalkSocial website and any other frontend using the SPORTS token. This could include a TokenBB forum and a ScotTube video platform for example. The possibilities are endless. And everyone can just earn it and stake it and earn even more.
The principle is always the same. If people like it and value the community and connected applications and services, then this will be another hit within our still small Steem ecosystem and help to grow the whole space even more. Sports enthusiasts might be much more willing to put money into SPORTS than into STEEM, yet earn both at the same time on SportsTalkSocial.
Integration With Other Tokens Like ActiFit
Now get this: You are using the @actifit app to earn AFIT tokens for your activity, like running or any other kind of sport. You post about that activity on the Steem blockchain, directly from the app, which will entitle you to some upvotes and AFIT tokens, depending on your score. By using the #sportstalk tag, you make your ActiFit post eligible for SPORTS upvotes and it will appear on SportsTalkSocial and any other future SPORTS app. So you earn STEEM, AFIT and SPORTS. Do you see where I am going with this? You haven't seen nothing yet!
All the existing and upcoming Steem app and dApps have this potential for operating in harmony with each other. There are so many ways to mix things up with what we already have, I am getting really excited for the second half of 2019.
Conclusion
Is Steem becoming something like Wordpress, but with monetization? It is not free to create a ScotBot token but it is affordable to small business creators to come up with an entire ecosystem of tokens - JUST LIKE THAT! A whole new form of creating and sharing value with niche investors and niche content creators. Sports is a huge niche and a logical direction for a token using the Steem Engine power.
Cross-tokenization of posts seems to be the future. You monetize your content on various platforms with various tokens ALL AT ONCE - and you never leave Steem. The value comes from the token holders, who all have their special reasons to hold their tokens. The inflation system makes all of them grow their accounts over time, while giving value to others. Even if you never invest a cent into any of these new economies, you can still participate and earn your share. I am excited and actually motivated to get out of my chair more and do the ActiFit and SPORTS grind.
How about you?
i hope we can bet / gamble on sportstalk. might start posting actifit again in a week or two :)
Yeah you should, haven’t seen you post in ages mate. I’m glad there’s finally a SCOT that might have appeal to a wider audience.
yeah need to set up some sort of AFL block chain tipping fixture betting thingo :)
That it be great. I’m in.
Posted using Partiko iOS
Yeah you should, haven’t seen you post in ages mate. I’m glad there’s finally a SCOT that might have appeal to a wider audience.
That is so cool, I use Actifit all the time and getting other tokens with just adding a tag, has made Steem new and exciting again!
Another great infotmation! Thank you!
Posted using Partiko Android
OMFG, this is crazy..!!
I just claimed my @palnet tokens just 3 days ago and I am excited about the project and I even staked 200 tokens..
I have read this post of yours and you do not know how excited I am about this new initiative!!
I am an ardent user of @actifit, I have been with them from the very start!!!! You do not know how excited I am to be aable to now earn Actifit tokens, Steem , Palnet and Sports tokens all from my one Actifit post!!!!!!!!
The future of tokenization is here hehehehe. I wish Steemit could increase the number of tags to 10 to accommodate this new steem interfaces hahahaa.
Hmm, an increase in tags. Now that is a good idea.
Yeah coz a lot of these interfaces and tokens are being created weekly!!
You’re a smart man, you understand what is going on here. We are so far ahead of the curve, the tokenization of the Internet is already here!
the truth is that if, place 2 or 3 more tags would be great, it gives emotion everything that is happening
Actually, on the blockchain level, there are more than 5 tags possible. I think that Steempeak is supporting that but I am not sure.
This is awesome - I'm also from the very beginning with @Actifit / now we will get more attention
wow brother this is really imprecise, they maintain a gigantic rhythm, it is difficult to maintain it, but full of joy all these innovations
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It's amazing as the blockchain of steem. It grows and grows very soon we will displace the fiat money and the cryptocurrencies will be the center of the world economy
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I'm so excited to see a platform like SportsTalkSocial. And it's on Steem blockchain. Now you can share what you are passionate about and get engaged with like-minded people.