Vlog 251: Vice industry + Forking the blockchain vs SMT's.


Vice industry wanted to utilize an SMT on the STEEM blockchain for their project here

Later they changed their mind and decided to fork the blockchain instead and create their own blockchain but they would compensate steempower holders with an airdrop of VIT tokens.

This airdrop has been canceled last week. here

“Today we announce that we will no longer be supporting any airdrop to Steem holders. VIT will instead reward only direct participants of the VIT crowdsale."

I guess first they didn't want to wait for SMT's and then later regretted the airdrop thing as well.

Which is ok, I wish them all the best with their project anyway.

I do think they have a lot of work in store for themselves now. They will have to run their own blockchain, get servers, witnesses and all that.

But they are a big industry so I'm sure they can manage.

For smaller industries or communities, an SMT would be so much easier to implement.

You will get all the benefits this blockchain has to offer without investing in all that backend stuff.

O and if you don' t know yet, we have our own little adult project being developed on the blockchain.

It's called dporn.

I talk about it more in my vlog (from @ 2:05)



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