Difference between revisions of "Ned Scott"

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[[File:Nedscott1.jpg|200px|right]]
Ned Scott is the co-founder of [[Steemit, Inc]] alongside with [[Dan Larimer]], they created the social-media and blockchain company in January 2016. Ned was a student in Bates College and between 2012 and 2015 a Business Operations and Financial Analyst at Gellert Global Group.
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Ned Scott is the co-founder of [[Steemit, Inc]] alongside with [[Dan Larimer]], they created the social-media and blockchain company in January 2016. Ned was a student in Bates College and between 2012 and 2015 a Business Operations and Financial Analyst at Gellert Global Group, The Gellert Global Group consists of many of the leading North American food importing companies, and has been involved in importing food products for over 100 years..
  
In May 2016 he declared to CoinReport: "I learned of Dan about two and a half years ago, which was about eight months after I stumbled upon Bitcoin. I had been down the rabbit hole learning Bitcoin when I came across Dan’s work on the Bitshares project, and from there, blockchain really seemed to take up all of my time. In mid-2015, I began moonlighting for Dan, bringing his technology to different firms in New York. When 2016 arrived, I made my first trip to meet Dan in person and we had a good match in personalities. The ideas for Steem had just started forming and from there we put a real business plan together and co-founded Steemit."
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In May 2016 he declared to CoinReport: “I learned of Dan about two and a half years ago, which was about eight months after I stumbled upon [[Bitcoin]]. I had been down the rabbit hole learning Bitcoin when I came across Dan’s work on the [[Bitshares]] project, and from there, blockchain really seemed to take up all of my time. In mid-2015, I began moonlighting for Dan, bringing his technology to different firms in New York. When 2016 arrived, I made my first trip to meet [[Dan Larimer|Dan]] in person and we had a good match in personalities. The ideas for [[Steem]] had just started forming and from there we put a real business plan together and co-founded [[Steemit]].”<ref name=multiple>[https://coinreport.net/conversation-ned-scott-ceo-steemit/ A Conversation with Ned Scott, CEO of Steemit]. Written by '''Katherine Fletcher''', published in CoinReport in May 5th, 2016</ref>
  
In August 2016 Ned Scott told to Coindesk that entrepreneurs and developers have already created 50 different tools over the [[Steem]] blockchain network, such as Catch a Whale (which tracks where whales have recently voted) and SteemMarket (which lets users buy, sell and rent goods with Steem). He said: "The people showing up to use this are going directly to the blockchain. We don't have the authority to tell them not to. In fact, we implore it. What we set out to do is build an ecosystem and that’s exactly what’s happening."
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Ned added: “We were looking at micro insurance on the [[Blockchain]] and a few other ideas, but ultimately, we kept coming back to the idea that the most useful and powerful thing to leverage around a cryptocurrency is a community. [[Steem]] was born out of ideas about insurance and '''mutual aid''': it was the idea that people would be able to help each other peer-to-peer if they were struggling to solve problems or needed assistance. It quickly grew into a much larger vision and Steemit was born as a place where individuals get rewarded by a community for posting and voting on content.”<ref name=multiple>[https://coinreport.net/conversation-ned-scott-ceo-steemit/ A Conversation with Ned Scott, CEO of Steemit]. Written by '''Katherine Fletcher''', published in CoinReport in May 5th, 2016</ref>
  
Beyond being a crypto entrepreneur he is also an amateur chef and part time guitarist.
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Before [[Steem]]'s launch, [[Dan Larimer]] mentioned the concept of a 'social network of mutual aid societies' as MUXER in his blog: [http://bytemaster.github.io/update/2015/12/31/Mutual-Aid-Society/ Mutual Aid Society] (published in December 31st, 2015).<ref>[http://bytemaster.github.io/update/2015/12/31/Mutual-Aid-Society/ Mutual Aid Society] Written by '''Dan Larimer''' and published in Bytemaster's Blog in December 31st, 2015</ref>
  
==Links:==
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In August 2016 Ned Scott told to Coindesk that entrepreneurs and developers have already created 50 different tools over the [[Steem]] blockchain network, such as Catch a Whale (which tracks where whales have recently voted) and SteemMarket (which lets users buy, sell and rent goods with Steem). He said: "The people showing up to use this are going directly to the blockchain. We don't have the authority to tell them not to. In fact, we implore it. What we set out to do is build an ecosystem and that’s exactly what’s happening."<ref>[http://www.coindesk.com/steemit-blockchain-social-media-how-works/ Steemit Bridges Blockchain and Social Media, But How Does It Work?] Written by '''Jacob Donnelly''' ([https://steemit.com/@jaycodon @jaycodon]), published in CoinDesk in August 13th, 2016</ref>
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Beyond being a crypto entrepreneur he is also an amateur chef and part time guitarist but really don't sing though.<ref>[https://steemit.com/steemsongs/@ned/steemsongs Steemsongs] Written by Ned Scott (@ned) in [[Steemit]] in August 4th, 2017</ref> In 2017 Ned Scott appeared in [[Matchpool]] website, an [[Ethereum]] [[Cryptocurrency]] powered matchmaking platform, as one of the advisors, described also with a background in business operations and financial analyst.<ref>'''[[Matchpool]]''' : https://matchpool.co Retrieved in August 21st, 2017</ref>
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===The creation of Smart Media Token (SMT) and Proof-of-Brain===
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In September 28th, 2017, [[Ned Scott]] announced the [[Smart Media Token (SMT)]] whitepaper to allow any and every application to have their own [[STEEM]]-like token.<ref>[https://steemit.com/steem/@ned/announcing-smart-media-tokens-smts Announcing: Smart Media Tokens (SMTs)] Written by '''Ned Scott''' ([https://steemit.com/@ned @ned]), published on [[Steemit]] in September 28h, 2017</ref> The [[steemian]] Ilyas Tarar ([https://steemit.com/@ilyastarar @ilyastarar]) posted about the idea's first positive reception, enthusiasm and impact in the market: [https://steemit.com/smt/@ilyastarar/ned-announces-smart-media-tokens-smts-and-steemit-is-loving-it Ned Announces Smart Media Tokens (SMTs) and Steemit is Loving It!]<ref>[https://steemit.com/smt/@ilyastarar/ned-announces-smart-media-tokens-smts-and-steemit-is-loving-it Ned Announces Smart Media Tokens (SMTs) and Steemit is Loving It!] Written by '''Ilyas Tarar''' ([https://steemit.com/@ilyastarar @ilyastarar]), published on [[Steemit]] in September 28h, 2017</ref>. The website CryptoNinjas reproduced Ned's explanation in the whiitepaper: “Print is dying, ad integration is inefficient, distracting, and generally unwanted by consumers, all of which has led to a widespread battle to monetize content. SMTs represent the new frontier of a tokenized internet. We are going to see native tokens across thousands of mainstream websites where content is curated by the crowd, and publications and content hosts can establish dedicated revenue streams to allow richer and smarter content targeted directly to a user base.”<ref>[https://www.cryptoninjas.net/2017/09/28/steemit-introduces-new-smart-token-protocol-website-app-community-monetization/ Steemit releasing smart token for web, app and community monetization] Written by unsigned, published in CryptoNinjas in September 28h, 2017</ref>
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In an article published by Observer website, in the simplest level, a site like them could create (say) the Observer Coin using the [[Smart Media Token (SMT)]] proposal. Users of the site would get rewarded for upvoting their favorite posts on their site, writing comments and upvoting comments that they found insightful. The SMT whitepaper called this [[Proof-of-Brain]]: Proof-of-Brain positions SMTs as a tool for building perpetually growing communities, which encourage their members to add value to the community through the built in rewards structure.”<ref>[http://observer.com/2017/10/steem-basic-attention-token/ Another Cryptocurrency Venture Aims to Fix Media’s Monetization Problem] Written by '''Brady Dale''' ([https://steemit.com/@bradydale @bradydale]), published in Observer in October 3rd, 2017</ref>
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===2018 Asia Tour===
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In May 2018 Ned Scott made a trip to Korea and Japan to promote [[Steemit]] and [[Smart Media Token (SMT)]], he speaked in an event organized by Gopax<ref>[https://www.youtube.com/watch?v=yxX_ttbXG-k GOPAX Meetup : STEEMIT] Video in '''Gopax YouTube Channel''' (Ned Scott appear from 45:40 to 1:09:00) published in May 3rd, 2018 with 1,717 views in May 16th, 2018.</ref>, one of the Korean [[Steem Exchanges]]. In Japan Ned participated in a meetup, japanese [[steemian]] nadeshiko ([https://steemit.com/@nadeshiko @nadeshiko]) published a post sharing her impressions with pictures: [https://steemit.com/japanese/@nadeshiko/jp-en-steemit-ceo-ned-scott-came-to-japan-for-meet-up-in-japan-steemit-ceo-ned-scott-meet-up Steemit CEO Ned Scott came to Japan for meet-up in Japan.]<ref>[https://steemit.com/japanese/@nadeshiko/jp-en-steemit-ceo-ned-scott-came-to-japan-for-meet-up-in-japan-steemit-ceo-ned-scott-meet-up Steemit CEO Ned Scott came to Japan for meet-up in Japan.] Written by '''nadeshiko''' ([https://steemit.com/@nadeshiko @nadeshiko]), published in [[Steemit]] in May 8th, 2018.</ref> Other [[steemian]] living in Japan, [https://steemit.com/steemit/@kafkanarchy84/smts-oracles-and-account-based-voting-ned-s-asia-tour-easter-egg @kafkanarchy84] was in the meetup and wrote that probably the most impactful thing he took away from Ned’s speech in Tokyo were his words on account-based voting.<ref>[https://steemit.com/steemit/@kafkanarchy84/smts-oracles-and-account-based-voting-ned-s-asia-tour-easter-egg SMTs, Oracles, and Account-Based Voting - @ned’s Asia Tour “Easter Egg”] Written by '''kafkanarchy84''' ([https://steemit.com/@kafkanarchy84 @kafkanarchy84]), published in [[Steemit]] in May 8th, 2018.</ref>
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===The idea of Good Person Token or Oracle-Based Smart Media Tokens (OSMT)===
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In May 12th, 2018, the [[steemian]] NairaDaddy ([https://steemit.com/@nairadaddy @nairadaddy]) posted that in Telegram group he belongs to Ned Scott personally mentioned an intriguing question: “How would you feel if Steemit.com had a second universally distributed token with account-based voting, individuality verification and super linear rewards curves?” Accordingly NairaDaddy, Ned also shared a chart explaining an Oracle-Based Smart Media Tokens (OSMT) with Account-Based Voting (this is an alternative to stake-weighted voting existent in the [[STEEM Power (SP)]] concept), Individuality Verification and Super-Linear Rewards Curve.<ref>[https://steemit.com/steem/@nairadaddy/good-person-token-something-big-is-coming-from-steemit-inc GOOD PERSON TOKEN: Something Big Is Coming From Steemit Inc!] Written by '''NairaDaddy''' ([https://steemit.com/@nairadaddy @nairadaddy]), published on [[Steemit]] in May 12th, 2018</ref>
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==References==
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<references />
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==Links==
  
* '''Linkedin''' : https://www.linkedin.com/in/nedscott
 
* '''Twitter''' : https://twitter.com/certainassets
 
 
* '''@ned''' : https://steemit.com/@ned
 
* '''@ned''' : https://steemit.com/@ned
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* '''[[Linkedin]]''' : https://www.linkedin.com/in/nedscott
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* '''[[Twitter]]''' : https://twitter.com/certainassets
 
* '''@ned-scott-videos''' : https://steemit.com/@ned-scott-videos
 
* '''@ned-scott-videos''' : https://steemit.com/@ned-scott-videos
* '''@blockchainblonde''' : [https://steemit.com/steemit/@blockchainblonde/a-day-in-the-life-of-ned-scott A Day in the Life Of....Ned Scott]. ''September 2016''
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* '''@ashe-oro''' : [https://steemit.com/introduceyourself/@ashe-oro/hello-steemit-i-interviewed-ceo-ned-scott-on-steemit-com-the-future-of-social-media-liberty-entrepreneurs-podcast Hello Steemit! I interviewed CEO Ned Scott on "Steemit.com - The Future of Social Media" (Liberty Entrepreneurs Podcast)]. ''August 31, 2016''
* '''@stellabelle''' : [https://steemit.com/steem/@stellabelle/check-out-this-super-early-q-and-a-with-steemit-founders-from-april-2016 Check Out This Super Early Q&A With Steemit Founders From April 2016]. ''February, 2017''
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* '''@aaronkoenig''' : [https://steemit.com/steemit/@aaronkoenig/steemit-meetup-berlin-with-ned-scott-and-steemians-from-hamburg Steemit Meetup Berlin with Ned Scott and Steemians From Hamburg]. ''September 11, 2016''
* '''@kadavy''' : [https://steemit.com/steemit/@kadavy/podcast-a-conversation-w-ned-can-steem-end-the-attention-economy (Podcast) A conversation w/ @ned. Can STEEM end the attention economy?]. ''April, 2017''
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* '''@blockchainblonde''' : [https://steemit.com/steemit/@blockchainblonde/a-day-in-the-life-of-ned-scott A Day in the Life Of....Ned Scott]. ''October 5, 2016''
* '''@ned''' : [https://steemit.com/ama/@ned/ama-at-4-30pm-est AMA (at 4:30pm EST)]. ''April 2017''
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* '''@stellabelle''' : [https://steemit.com/steem/@stellabelle/check-out-this-super-early-q-and-a-with-steemit-founders-from-april-2016 Check Out This Super Early Q&A With Steemit Founders From April 2016]. ''February 17th, 2017''
* '''@fyrstikken''' : [https://steemit.com/community-tokens/@fyrstikken/ned-scott-ceo-of-steemit-inc-have-a-40-minute-conversation-with-the-steemspeak-com-community Ned Scott, CEO of #Steemit Inc. Have a 40 minute conversation with the SteemSpeak.com Community!] ''May 28th, 2017''
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* '''@kadavy''' : [https://steemit.com/steemit/@kadavy/podcast-a-conversation-w-ned-can-steem-end-the-attention-economy (Podcast) A conversation w/ @ned. Can STEEM end the attention economy?]. ''April 27, 2017''
* '''@samstonehill''' : [https://steemit.com/news/@samstonehill/new-information-from-ned-scott-regarding-future-steem-developments New information from Ned Scott regarding future Steem developments] ''May 29th, 2017''
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* '''@ned''' : [https://steemit.com/ama/@ned/ama-at-4-30pm-est AMA (at 4:30pm EST)]. ''April 27, 2017''
* '''@g-dubs''' : [https://steemit.com/steemit/@g-dubs/the-future-is-bright-for-steemit-ned-scott-s-interview-revealed The Future is Bright for Steemit – Ned Scott’s Interview Revealed] ''June 13th, 2017''
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* '''@fyrstikken''' : [https://steemit.com/community-tokens/@fyrstikken/ned-scott-ceo-of-steemit-inc-have-a-40-minute-conversation-with-the-steemspeak-com-community Ned Scott, CEO of #Steemit Inc. Have a 40 minute conversation with the SteemSpeak.com Community!] ''May 28, 2017''
* '''@noisy''' : [https://steemit.com/steemit/@noisy/video-token-summit-panel-discussion-with-brendan-eich-brave-ned-scott-steemit-simon-de-la-rouviere-consensys-and-maciej-olpinski Video - Token Summit - Panel discussion with Brendan Eich (Brave), Ned Scott (Steemit), Simon De La Rouviere (Consensys), and Maciej Olpinski (Userfeeds)] ''June 14th, 2017''
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* '''@samstonehill''' : [https://steemit.com/news/@samstonehill/new-information-from-ned-scott-regarding-future-steem-developments New information from Ned Scott regarding future Steem developments] ''May 29, 2017''
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* '''@g-dubs''' : [https://steemit.com/steemit/@g-dubs/the-future-is-bright-for-steemit-ned-scott-s-interview-revealed The Future is Bright for Steemit – Ned Scott’s Interview Revealed] ''June 13, 2017''
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* '''@noisy''' : [https://steemit.com/steemit/@noisy/video-token-summit-panel-discussion-with-brendan-eich-brave-ned-scott-steemit-simon-de-la-rouviere-consensys-and-maciej-olpinski Video - Token Summit - Panel discussion with Brendan Eich (Brave), Ned Scott (Steemit), Simon De La Rouviere (Consensys), and Maciej Olpinski (Userfeeds)] ''June 14, 2017''
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* '''@futureentech''' : [https://steemit.com/steemit/@futureentech/steemit-founder-and-ceo-ned-scott-explains-the-reason-for-creating-steemit Steemit Founder and CEO Ned Scott Explains the Reason for Creating ‘Steemit’] ''June 14, 2017''
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* '''@acidyo''' : [https://steemit.com/interview/@acidyo/re-post-due-to-popular-demand-ceo-of-steemit-ned-scott-interview-on-nyse CEO of Steemit, Ned Scott interview on NYSE - re-post due to popular demand] ''June 10, 2017''
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* '''@shla-rafia''' : [https://steemit.com/ned/@shla-rafia/investing-com-cited-ned-scott-on-ethereum-price Investing.com cited Ned Scott on Ethereum price] ''September 26, 2017''
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* '''@ned''' : [https://steemit.com/steem/@ned/smart-media-tokens-why-we-re-doing-it-video Smart Media Tokens: Why We're Doing It (VIDEO)] ''September 28, 2018''
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* '''@aaronkoenig''' : [https://steemit.com/steemfest/@andrewmcmillen/firechat-chat-with-ned-a-conversation-with-steemit-ceo-ned-scott-at-steemfest-lisbon-3-november-2017 Fireside Chat with @Ned: A conversation with Steemit CEO Ned Scott at Steemfest Lisbon, 3 November 2017] ''November 4, 2017''
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* '''@future24''' : [https://steemit.com/steemit/@future24/now-on-youtube-too-steemfest-opening-speech-by-the-steemit-visionary-and-founder-ned-scott Now on YouTube too: Steemfest opening speech by the Steemit visionary & founder @Ned Scott!] ''November 13, 2017''
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* '''@steemitblog''' : [https://steemit.com/steemit/@steemitblog/steemfest2-talks-featuring-steemit-ceo-ned-scott-video SteemFest2 Talks featuring Steemit CEO Ned Scott (video)] ''November 20, 2017''
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* '''@ruwan''' : [https://steemit.com/steemit/@ruwan/i-filmed-this-video-of-ned-pkattera-and-sneak-talking-about-the-smts-and-the-future-of-steemit I filmed this video of @ned @pkattera and @sneak talking about the SMTs and the future of Steemit] ''February 25, 2018''
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* '''@ned''' : [https://steemit.com/kr/@ned/beginning-my-steem-korean-tour Beginning my Steem Korean Tour] ''May 2, 2018''
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* '''@jondoe''' : [https://steemit.com/steem/@jondoe/the-video-of-ned-scott-s-presentation-at-the-gopax-meetup The video of Ned Scott's presentation at the GOPAX meetup] ''May 4, 2018''
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* '''@ned''' : [https://steemit.com/steem/@ned/bloomberg-interview-for-steemit-and-steem Bloomberg Interview for Steemit and Steem] ''May 6, 2018''
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* '''@acidyo''' : [https://steemit.com/consensus/@acidyo/net-neutrality-panel-at-consensus-with-ned-scott Net Neutrality Panel at Consensus with Ned Scott] ''May 14, 2018''
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* '''@ned''' : [https://steemit.com/the/@ned/this-is-the-telegram-channel-i-m-often-in This is the Telegram channel I’m often in] ''May 15, 2018''
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* '''@steemitblog''' : [https://steemit.com/ned/@steemitblog/ned-scott-and-theoretical-of-steemit-explore-oracles-on-steem Ned Scott and @theoretical of Steemit Explore Oracles on Steem] ''June 4, 2018''
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* '''@trevonjb''' : [https://steemit.com/dlive/@trevonjb/68d0ea60-75c1-11e8-827c-49f76fdbeab3 My Thoughts On Ned Powering Down] ''June 21, 2018''
  
 
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==Related articles==
==Related articles:==
 
  
 
* [[Dan Larimer]]
 
* [[Dan Larimer]]
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* [[Steemit, Inc]]
 
* [[Steemit, Inc]]
  
==References:==
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==External links==
  
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* '''Bloomberg''' : [https://www.bloomberg.com/news/videos/2018-05-07/steemit-1st-social-media-platform-built-on-top-of-a-blockchain-video Steemit Is First Social Media Platform Built on Top of Blockchain] ''Video interview with Ned Scott published in 5/6/2018''
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* '''Overnodes Medium Blog''' : [https://medium.com/overnodes/a-warm-welcome-from-korea-to-the-ceo-of-steemit-ned-scott-db6d06c1a83a A Warm welcome from Korea to the CEO of Steemit, Ned Scott] ''Written by Overnodes staff, published in 5/3/2018''
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* '''Thrift Shop Hustler YouTube Channel''' : [https://www.youtube.com/watch?v=K9cGKke_GjU&feature=youtu.be Did @ned just say Dtube Tokens? Steemit Korea talk about Dtube & SMT's] ''Video published in 5/3/2018, with 85 views on 5/10/2018''
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* '''Crypto Weekly''' : [https://cryptoweekly.co/100/ The 100 most influential people in crypto] ''Written by unsigned, retrieved in 1/13/2018''
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* '''The Crypto Show [[Facebook]] Fanpage''' : [https://www.facebook.com/thecryptoshow/videos/2030090783880958/ Ned Scott On The Crypto Show About "Smart Media Tokens] ''Video interview hosted by Harlan Dietrich, Chris Nenadal and Danny Sessom ([https://steemit.com/ned/@cryptoshow/ned-scott-on-the-crypto-show-about-smart-media-tokens @cryptoshow]) with Ned Scott published in 10/15/2017''
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* '''Investing.com ''' : [https://www.investing.com/analysis/ethereum-heres-what-to-watch-for-200215296 Ethereum: Here's What To Watch For] ''Written by Tanzeel Akhtar, published in 9/26/2017 ''
 
* '''Kadavy.net ''' : [http://kadavy.net/blog/posts/steem-podcast-ned-scott/ End the attention economy. STEEM’s Ned Scott on Steemit & cryptocurrency-driven social media. – Love Your Work, Episode 71] ''Audio interview with Ned Scott hosted by David Kadavy ([https://steemit.com/@kadavy @kadavy]), published in 4/27/2017 ''
 
* '''Kadavy.net ''' : [http://kadavy.net/blog/posts/steem-podcast-ned-scott/ End the attention economy. STEEM’s Ned Scott on Steemit & cryptocurrency-driven social media. – Love Your Work, Episode 71] ''Audio interview with Ned Scott hosted by David Kadavy ([https://steemit.com/@kadavy @kadavy]), published in 4/27/2017 ''
 
* '''The Cointelegraph ''' : [https://cointelegraph.com/news/steemit-founder-bitcoin-mining-model-is-fountain-of-youth-for-mainstream-media Steemit Founder: Bitcoin Mining Model is Fountain of Youth for Mainstream Media]. ''Written by Alicia Naumoff and published in 1/31/2017''
 
* '''The Cointelegraph ''' : [https://cointelegraph.com/news/steemit-founder-bitcoin-mining-model-is-fountain-of-youth-for-mainstream-media Steemit Founder: Bitcoin Mining Model is Fountain of Youth for Mainstream Media]. ''Written by Alicia Naumoff and published in 1/31/2017''
* '''Epicenter''' : [https://www.youtube.com/watch?v=gg_MHqXa4yI Ned Scott: Steem - The Blockchain-Based Social Media Platform (Episode 162) ] ''Video podcast hosted by Brian Fabian Crain, Sébastien Couture and Meher Roy with Ned Scott published in 12/20/2016 ''
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* '''Epicenter''' : [https://www.youtube.com/watch?v=gg_MHqXa4yI Ned Scott: Steem - The Blockchain-Based Social Media Platform (Episode 162)] ''Video podcast hosted by Brian Fabian Crain, Sébastien Couture and Meher Roy with Ned Scott published in 12/20/2016''
* '''CoinDesk''' : [http://www.coindesk.com/steemit-blockchain-social-media-how-works/ Steemit Bridges Blockchain and Social Media, But How Does It Work?] ''Written by Jacob Donnelly ([https://steemit.com/@jaycodon @jaycodon]), published in 8/13/2016 ''
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* '''Lrock Vimeo Channel''' : [https://vimeo.com/192783435 SteemFest Keynote by Ned Scott] ''Video published in 11/23/2016''
* '''CoinReport ''' : [https://coinreport.net/conversation-ned-scott-ceo-steemit/ A Conversation with Ned Scott, CEO of Steemit]. ''Written by Katherine Fletcher, published in 5/5/2016''
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* '''SteemFest YouTube Channel''' : [https://www.youtube.com/watch?v=Uuyzyd5JhWI SteemFest Interview Series: Ned Scott] ''Video by [[Steemfest]], published in 11/17/2016''
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* '''Liberty Entrepeneurs Podcast''' : [https://www.libertyentrepreneurs.com/podcasts/episode48-steemit-com-future-social-media-w-ceo-ned-scott EP48: Steemit.com - The Future of Social Media w/ CEO Ned Scott] ''Podcast hosted by Ashe Oro ([https://steemit.com/@ashe-oro @ashe-oro]), published in 8/31/2016''
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* '''Forklog''' : [http://forklog.net/ceo-of-steemit-blockchain-based-social-media-gives-people-their-freedom-back/ CEO of Steemit: Blockchain-Based Social Media Gives People Their Freedom Back] ''Interview with Ned Scott written by Eugene Muratov, published in 7/12/2016''
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* '''New York Business Journal''' : [https://www.bizjournals.com/newyork/news/2016/05/31/steemit-ceo-get-paid-for-that-social-media-post.html Steemit CEO: Get paid for that social media post] ''Interview with Ned Scott written by Anthony Noto, published in 5/31/2016 ''
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==In other languages==
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* [[Bahasa Indonesia]] (Indonesian) : [[Ned Scott (id)]]
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* [[日本語]] (Japanese) : [[Ned Scott (jp)]]
  
 
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Latest revision as of 14:29, 9 June 2019

Nedscott1.jpg

Ned Scott is the co-founder of Steemit, Inc alongside with Dan Larimer, they created the social-media and blockchain company in January 2016. Ned was a student in Bates College and between 2012 and 2015 a Business Operations and Financial Analyst at Gellert Global Group, The Gellert Global Group consists of many of the leading North American food importing companies, and has been involved in importing food products for over 100 years..

In May 2016 he declared to CoinReport: “I learned of Dan about two and a half years ago, which was about eight months after I stumbled upon Bitcoin. I had been down the rabbit hole learning Bitcoin when I came across Dan’s work on the Bitshares project, and from there, blockchain really seemed to take up all of my time. In mid-2015, I began moonlighting for Dan, bringing his technology to different firms in New York. When 2016 arrived, I made my first trip to meet Dan in person and we had a good match in personalities. The ideas for Steem had just started forming and from there we put a real business plan together and co-founded Steemit.”[1]

Ned added: “We were looking at micro insurance on the Blockchain and a few other ideas, but ultimately, we kept coming back to the idea that the most useful and powerful thing to leverage around a cryptocurrency is a community. Steem was born out of ideas about insurance and mutual aid: it was the idea that people would be able to help each other peer-to-peer if they were struggling to solve problems or needed assistance. It quickly grew into a much larger vision and Steemit was born as a place where individuals get rewarded by a community for posting and voting on content.”[1]

Before Steem's launch, Dan Larimer mentioned the concept of a 'social network of mutual aid societies' as MUXER in his blog: Mutual Aid Society (published in December 31st, 2015).[2]

In August 2016 Ned Scott told to Coindesk that entrepreneurs and developers have already created 50 different tools over the Steem blockchain network, such as Catch a Whale (which tracks where whales have recently voted) and SteemMarket (which lets users buy, sell and rent goods with Steem). He said: "The people showing up to use this are going directly to the blockchain. We don't have the authority to tell them not to. In fact, we implore it. What we set out to do is build an ecosystem and that’s exactly what’s happening."[3]

Beyond being a crypto entrepreneur he is also an amateur chef and part time guitarist but really don't sing though.[4] In 2017 Ned Scott appeared in Matchpool website, an Ethereum Cryptocurrency powered matchmaking platform, as one of the advisors, described also with a background in business operations and financial analyst.[5]

The creation of Smart Media Token (SMT) and Proof-of-Brain

In September 28th, 2017, Ned Scott announced the Smart Media Token (SMT) whitepaper to allow any and every application to have their own STEEM-like token.[6] The steemian Ilyas Tarar (@ilyastarar) posted about the idea's first positive reception, enthusiasm and impact in the market: Ned Announces Smart Media Tokens (SMTs) and Steemit is Loving It![7]. The website CryptoNinjas reproduced Ned's explanation in the whiitepaper: “Print is dying, ad integration is inefficient, distracting, and generally unwanted by consumers, all of which has led to a widespread battle to monetize content. SMTs represent the new frontier of a tokenized internet. We are going to see native tokens across thousands of mainstream websites where content is curated by the crowd, and publications and content hosts can establish dedicated revenue streams to allow richer and smarter content targeted directly to a user base.”[8]

In an article published by Observer website, in the simplest level, a site like them could create (say) the Observer Coin using the Smart Media Token (SMT) proposal. Users of the site would get rewarded for upvoting their favorite posts on their site, writing comments and upvoting comments that they found insightful. The SMT whitepaper called this Proof-of-Brain: Proof-of-Brain positions SMTs as a tool for building perpetually growing communities, which encourage their members to add value to the community through the built in rewards structure.”[9]

2018 Asia Tour

In May 2018 Ned Scott made a trip to Korea and Japan to promote Steemit and Smart Media Token (SMT), he speaked in an event organized by Gopax[10], one of the Korean Steem Exchanges. In Japan Ned participated in a meetup, japanese steemian nadeshiko (@nadeshiko) published a post sharing her impressions with pictures: Steemit CEO Ned Scott came to Japan for meet-up in Japan.[11] Other steemian living in Japan, @kafkanarchy84 was in the meetup and wrote that probably the most impactful thing he took away from Ned’s speech in Tokyo were his words on account-based voting.[12]

The idea of Good Person Token or Oracle-Based Smart Media Tokens (OSMT)

In May 12th, 2018, the steemian NairaDaddy (@nairadaddy) posted that in Telegram group he belongs to Ned Scott personally mentioned an intriguing question: “How would you feel if Steemit.com had a second universally distributed token with account-based voting, individuality verification and super linear rewards curves?” Accordingly NairaDaddy, Ned also shared a chart explaining an Oracle-Based Smart Media Tokens (OSMT) with Account-Based Voting (this is an alternative to stake-weighted voting existent in the STEEM Power (SP) concept), Individuality Verification and Super-Linear Rewards Curve.[13]


References

  1. 1.0 1.1 A Conversation with Ned Scott, CEO of Steemit. Written by Katherine Fletcher, published in CoinReport in May 5th, 2016
  2. Mutual Aid Society Written by Dan Larimer and published in Bytemaster's Blog in December 31st, 2015
  3. Steemit Bridges Blockchain and Social Media, But How Does It Work? Written by Jacob Donnelly (@jaycodon), published in CoinDesk in August 13th, 2016
  4. Steemsongs Written by Ned Scott (@ned) in Steemit in August 4th, 2017
  5. Matchpool : https://matchpool.co Retrieved in August 21st, 2017
  6. Announcing: Smart Media Tokens (SMTs) Written by Ned Scott (@ned), published on Steemit in September 28h, 2017
  7. Ned Announces Smart Media Tokens (SMTs) and Steemit is Loving It! Written by Ilyas Tarar (@ilyastarar), published on Steemit in September 28h, 2017
  8. Steemit releasing smart token for web, app and community monetization Written by unsigned, published in CryptoNinjas in September 28h, 2017
  9. Another Cryptocurrency Venture Aims to Fix Media’s Monetization Problem Written by Brady Dale (@bradydale), published in Observer in October 3rd, 2017
  10. GOPAX Meetup : STEEMIT Video in Gopax YouTube Channel (Ned Scott appear from 45:40 to 1:09:00) published in May 3rd, 2018 with 1,717 views in May 16th, 2018.
  11. Steemit CEO Ned Scott came to Japan for meet-up in Japan. Written by nadeshiko (@nadeshiko), published in Steemit in May 8th, 2018.
  12. SMTs, Oracles, and Account-Based Voting - @ned’s Asia Tour “Easter Egg” Written by kafkanarchy84 (@kafkanarchy84), published in Steemit in May 8th, 2018.
  13. GOOD PERSON TOKEN: Something Big Is Coming From Steemit Inc! Written by NairaDaddy (@nairadaddy), published on Steemit in May 12th, 2018

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