Smart Contracts on Steem: Engine
So, how long have you been waiting for SMTs? Many have been hoping SMTs would come out soon, but despite the anticipation of a February SMT release, the idea remains a concept and that's all. For some people, their entire business model depends on tokens supported on Steem. If you're one of those businesses, you'll love to hear about this new project!
Steem is full of creative minds, but not all of these ingenious people have programming skills or the bankroll to pay a developer to make their ideas a reality. Thanks to the Steem Engine project its now possible to create a custom token. In the future more smart contract options will also be available, hopefully, ones like NFTs and other exciting goodies!
How to create a token on Steem Engine
The Steem Engine is a sidechain to Steem, but it has its own native token ENG, which is used to create tokens. Currently, it costs 100 STEEM to create your own token and there are future opportunities to mine the coin by producing blocks for the chain.
Want to learn more? Check out the site here: Steem Engine
Want more insights on cryptocurrencies? Check out articles at Hobo.Media
Here's a list of other Steemians to check out!
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