For those who do not know, the reason that STEEM has no direct transaction costs is because this blockchain operates based upon bandwidth.
That and we pay the witnesses 10% of all Steem inflation.
I assume SMTs will be like ERC20 in that you pay Steem for the SMT. Actually, I wonder how that will work exactly to stop SMTs from being able to manipulate the market.
RE: The Best News in The World: There Is Not Enough STEEM To Go Around!!!! STEEM A $600 BILLION blockchain????