smt-whitepaper
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steemit
Feature Request - share-drop an SMT against an external cryptocurrency distribution
Enable share-dropping an SMT against an external cryptocurrency distribution snapshot
Similar to feature proposal for Bitshares BSIP 23 https://github.com/bitshares/bsips/blob/master/bsip-0023.md
An SMT control account can send 100% of the initial supply to themselves and then send it to the correct parties.
In the SMT Whitepaper
Non-STEEM & Hybrid ICO's
ICOs using non-STEEM contributions -- for example, SBD, BTC, ETH, etc. -- cannot be done fully automatically on-chain. However, such ICOs can be managed by manually transferring some founder account's distribution to buyers' Steem accounts in proportion to their non-STEEM contribution.
It really does not matter whether the chain accepts some specified format to define the initial distribution or if each transfer is made as an operation. The ultimate decision of who gets what under this model lies in the hands of the SMT control account. Unless we want to make Steem aware of other blockchains and follow their states (A project that would be larger in scope than SMTs), there is no way of creating cryptographically verifiable SMT share drops.
If what you are asking for is an automated tool to do such a share drop, then it can exist outside the blockchain.
Even if outside the blockchain, such a "share-dropping" tool should be available to SMT creator. It could be integrated with SMT management UI.
Even if outside the blockchain
This is 99% of the way to being a necessity.
such a tool should be available to SMT creator.
I agree. However, this does not mean it needs to be in an mvp. We will take your request under advisement, even if it does not come with the release of SMTs.