is a blockchain-based blogging and social media website, which rewards its users with the cryptocurrency STEEM for publishing and curating content, and is owned by Steemit Inc., a privately held company based in New York City and a headquarters in Virginia.
What is Steem coin?
Steem is a cryptocurrency used to power the platform Steemit - an incentivized blockchain social media platform. Users create and curate content on Steemit just like other social news platforms (e.g. Reddit, Hacker News) and get rewarded in Steem for their work
How do you take Steem?
How to use STEEM. STEEM can turned be into STEEM Power (SP) by powering up in your steemit wallet or cli_wallet. It can also be turned into Steem Dollars (SBD) by using the market option in the steemit wallet. In order to do so, the Steemian must click on the STEEM amount
What is Steemit and how does it work? Steemit is a platform that combines blockchain technology, social media, and cryptocurrency for the creation of user-generated content and community building. The social community helps to produce content and curate it, while it gets rewarded with two main cryptocurrencies: 50% in Steem Power and 50% in Steem Dollars.
Is Steemit.com legit?
There's no doubt that Steem has a lot of good to offer. It's a legitimate cryptocurrency and a real social media platform. People have used it to make a lot of money before, and it's a great introduction to the crypto world. Steemit does have its issues, I'm not going to lie.
You can make money on Steemit by writing quality blog posts, but also upvoting and commenting on posts. When you write blog posts you get a reward as an Author, and when you comment and upvote, you earn a reward as a Curator.