STEEM - News, Opinion & Analysis

Steem (STEEM)

886 Articles 29 Followers

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.


⚡️[New Dapps] Relax At Your Tokenized Home, Swap Tokens and Explore Music All Over The World In One Click

8 Jul 2020 3 minute read 5 comments Dapp.com

This week, we’d like to introduce you to some new dapps that will refresh and simplify your life: you can be connected to the music all over the world while staying at your tokenized home, and swap the earning into different tokens in one click. You...

Blurt is out...

6 Jul 2020 1 minute read 3 comments trumpman

...and its shitty like fuck!  Don't know who is behind this thing but it definitely doesn't aspire much confidence. Don't remember exactly where, but today I stumbled upon the announcement along with an invite link for the official blurt discord: htt...

FUTURE OF STEEMIT AFTER HARDFORK

4 Jul 2020 1 minute read 0 comments mummyrio

Steem is the pioneer of social media publication based on blockchain. In the early development, steem price reached 5 USD but now it is only about 0.20 USD. Steem culture is different from general social media like facebook, instagram, and twitter. I...

“The first major attack by bribery”: Vitalik Buterin commented on “blockchain capture” by Steem

4 Jul 2020 2 minute read 0 comments lioha369

Steemit's decentralized blogging platform, which recently partnered with the Tron Foundation, leveraged the resources of leading crypto exchanges - Huobi, Binance, and Poloniex - to undo recent changes to the Steem blockchain. It is reported by The B...

The growing gap between Hive and Steem loans on DLease

4 Jul 2020 1 minute read 2 comments Solominer

I keep an eye on the going interest rates for Hive and Steem, when I first started watching about a year ago before the split Steem was at about 12% for the average APR for a loan on the blockchain. These loans are done through delegation and use of...

MUSIC FOR STEEM WEEK #02 - Epilogue Video

4 Jul 2020 1 minute read 0 comments Juan Molina

As I predicted last week, this week we had many more participants.The talent and creativity of the participants gave me great satisfaction, the interpretive quality, and variety of musical genres awarded this Musicians Party. Definitely a totally...

SIGN UP FOR FREE!!!

1 Jul 2020 1 minute read 0 comments Juan Molina

Now You can create a new account on Steemit for free and without waiting time. Source   The Steem Blockchain economy is based on an Inflationary model, where each period of time new tokens are generated. These tokens make up the "Rewards Pool" which...

Create Your Own Tokenized Community in Minutes on EOS (+ Giveaway)

30 Jun 2020 1 minute read 0 comments Hodl EOS

  Create your own crypto community that uses your own crypto token.NFT Giveaway on Deplatform: https://deplatform.network/HODLEOSCommun: https://commun.com/ Deplatform utilizes the Deweb contracts on the EOS blockchain allowing anyone to create thei...

This is my First Post for the Promoting Wherein Dapp

21 Jun 2020 1 minute read 0 comments nevlu123

http://newappaz.oss-cn-hongkong.aliyuncs.com/wherein_images/post/20200621/8a85647a1b964d93ba977147f565ca49.jpg http://newappaz.oss-cn-hongkong.aliyuncs.com/wherein_images/post/20200621/44cb6fe920264895bb1a2fd8f3440481.jpg http://newappaz.oss-cn-hongk...

Cryptocurrency Updates - 14/06/2020

14 Jun 2020 1 minute read 0 comments Gamer Boy1110

Binance Will open New Trading pairs of BUSD and USDT Binance will open following trading pairs of BUSD and USTD from 16/06/2020  KNC/USDT, KNC/BUSD, REP/USDT, REP/BUSD, LRC/USDT  LRC/BUSD        Verge Currency is Partner up with Mobiepay Verge Annou...