STEEM - News, Opinion & Analysis

Steem (STEEM)

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Steem is a social blockchain platform that focuses on decentralized applications, an example of which is the popular Steemit publishing platform. Launched in 2016 by EOS founder Dan Larimer and Ned Scott, STEEM is one of the earliest examples of a social and content-focused platform that employs cryptocurrencies and the blockchain. 

Steem’s mission is to empower communities by giving them smart tokens to incentivize users to help grow communities and foster participation.

Steem’s most prominent application, Steemit, is a publishing platform where content creators are rewarded with the cryptocurrency token STEEM for the quality they produce. There is also a stablecoin available on the network called Steem Dollars (SBD). Both tokens can be traded on an internal decentralized exchange. Transaction fees are replaced by the inflation rate of the token.

Several other decentralized applications have already been created on Steem. Other dapps include Steem Engine, a platform for issuing and trading Steem-based tokens; DTube, a decentralized platform for uploading and sharing video material; SteemPress, a WordPress plugin connecting WordPress and Steem; and more.

The Steem team is currently focusing on developing Smart Media Tokens, which will “will allow anyone to create their own token...and use those tokens to fundraise, monetize content, and grow their own social communities.” This is intended to help communities in the content creation space to launch their own tokens to support themselves and establish mutually beneficial mini-ecosystems.


Get free USBJ - Gratis USBJ bekommen - (ENG-DEU)

6 Jun 2021 1 minute read 2 comments bitandi

ENG Hello Steemians and Tronlers. I got free tokens in my tron link wallet again the night. There were: 1 USBJ USBJ is a stablecoin of TRON. It's generated through decentralized smart contracts on the TRON network. Anyone can pledge TRX as collateral...

Gratis OZBT bekommen - Get free OZBT - (DEU-ENG)

1 Jun 2021 1 minute read 1 comment bitandi

DEU Hallo Steemians und Tronler. Ich habe die Nacht wieder Gratis Token in mein Tron-Link Wallet bekommen. Es gab: 2300 OZBT - OZBTDefi Das ist doch mal ein schönes Geschenk. Noch schöner wäre es, wenn der Token jetzt To The Moon geht. Sehr cool. Ha...

One Love Community Curation Highlight 2021-05-29

31 May 2021 1 minute read 0 comments One Love Community

  Every day we curate content rewarding only original content creators with our #Support. In this stream @d00k13 highlights his favorite Curator Picks for the #Ionomy #Sponsorship love.   Today's Pick's - https://d.tube/#!/v/steemflow/QmbQT353EddWuW...

Ethereum and its challenges towards ETH2.O From Berlin to London.

11 May 2021 1 minute read 0 comments AJ78

The start of 2021 brought with it never-before-seen levels in gas transaction fees on the Ethereum blockchain. As you surely know, last April, this Blockchain was updated with the well-known "Berlin update". With block number 12,244,000 reached and p...

Steem is a scam and the fact that they broke people wallet and stole the funds is unacceptable

9 May 2021 2 minute read 3 comments Bala

We have discussed this several times in the past. Many people have shared their views on this topic both the affected individuals as well as common people. I still see many people defending Steem so much for what they have done. I did try to sta...

I Finally Caved and Joined LeoFinance.io - First Thoughts

1 May 2021 4 minute read 27 comments Absolute Unit

If you've been on Publish0x or any of the other Blockchain Social sites (Read.cash, Minds, etc.) for any amount of time you've probably at least seen an article or two on Steemit or Hive. Steemit being the grand daddy to blockchain social sites, Hive...

What is Peanut DeFi (https://peanut.nutbox.io)?

1 May 2021 5 minute read 0 comments Nutbox DeFi

  Translated from: 什么是Peanut?   It's been half a year since Peanut DeFi was launched, so it's time to write about it. So what is Peanut DeFi? A Replicable DeFi Platform Peanut is a DeFi platform based on Staking-crowdfunding (a stake-mining mode...

Cryptosocial Media: How Much Time Do You Have to Manage Your Content Publishing?

30 Apr 2021 5 minute read 3 comments Allen Taylor

Since the early days of the internet, Web entrepreneurs have debated best practices and approaches to running internet businesses. These discussions have included how many websites you can manage as well as how many social media profiles you can moni...

Is Hive a Honeypot Or Just Another Steemit Clone?

27 Apr 2021 4 minute read 16 comments Allen Taylor

Early in 2020, Steemit Inc. and the TRON Foundation announced a partnership that was supposed to lead to Steemit and other Dapps (decentralized apps) on the Steem blockchain integrating into the Tron blockchain. That was supposed to be a good thing....

Is Scooby The Next $DOGE?!! - x100 Gain HODL Scooby Doo $SBD = Earn BTC (2021 Crypto Gem)

23 Apr 2021 1 minute read 0 comments BraveNewGem

      Why Scooby's meme token is here to stay on Binance Smart Chain (BSC). Comparing cryptocurrency gem Scooby Doo ($SBD) to MoonRat ($MRAT). Are you ready for the altcoin season? Will up-trending Bitcoin and Etherium market help $SBD moon in 2021...