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.

Actifit App- New year. New Resolution. Lose Weight. Walk more. Earn HIVE Tokens

3 Jan 2021 1 minute read 1 comment Novasky

It's 3rd January already and a lot of us are on weight loss resolution as usual. Only difference being some people are really serious about it since the lockdown. There are plenty of blockchain in this space that rewards you for the health specific a...

Happy New Year Everyone

1 Jan 2021 1 minute read 0 comments Fety Bernard Etienne(fetinafety)

Congratulations on reaching 2021, may this new year bring us prosperity. Happy new year every Lander on Torum, Uptrenndians on Uptrennd, blogger at Publish0x as well as my friends on other networks. I created this contest to share experiences of 2020...

Steem 2020 Prediction Results!

31 Dec 2020 2 minute read 0 comments costanza

I made a post last year with some predictions around Steem for 2020 (Link Original Post). Now about 1 year later it's time to have a look back how they played out... I don't think anyone could have seen the scenario with Justin Sun Buying Steemit com...

What ever happened to Steem/Steemit? My 1 week journey back to Steem.

10 Dec 2020 1 minute read 1 comment Nolan Mayersky

Man oh man! So, the other day I decided to venture back on over to Steem to see what was going on there these days. I noticed a few things right off the bat. It still looks the same. The top posts are mostly in Chinese and/or Korean? The activity is...

Bozzlife: A bit of a Bittrex nightmare

7 Dec 2020 3 minute read 0 comments Bozz

This is an original post by me that I wrote for my Leo Finance blog.  All words and experiences are my own. If you can see the annoyance in my dog Jovi's face over me taking yet another picture of her, you might have an idea of what I was dealing w...

TRON/STEEM INTEGRATION - My Thoughts by @juanmolina

7 Dec 2020 1 minute read 3 comments Juan Molina

  The incorporation of Tron into the Steemit Wallet was a very pleasant surprise for me. Although I was expecting it, because we had received a lot of information about it in the beta version, I could not help but feel excited and happy when I saw m...

Stellar route could save Ripple and could have prevented the Steem fork

4 Dec 2020 1 minute read 0 comments belemo

I know it is all a thing of the past but a random thought popped into my head about how things could have gone differently. I was browsing through articles on Cointelegraph and stumbled into one that talked about issues with Ripple. The ninja mined...

I Lost My HIVE Account :(

23 Nov 2020 1 minute read 6 comments Cryptolohy

It happens to the best of us, I mean, we are only humans. One day you realize that you lost access to your crypto account, and there is no one to blame but you, no recovery password system to cling on, nothing. To me it went like this: Some portion o...

If you have spare steem to invest

15 Nov 2020 3 minute read 0 comments bboyady

sorry for this cross post as I have not much time to blogging, hope it's not consider as phising Hi everyone... Seems it is a very long time I never get into a very long and serious post. One of the reason is on me, I am kinda lazy person and wanna a...

The Path For Hive Is Clear

13 Nov 2020 1 minute read 2 comments positivitee

  Let me start off by saying that I enjoyed the concept of Steem / Hive when it started back in 2016/2017. Getting paid for blogging... who would have thought that we'd actually see that coming true? As more users joined up, the economic flaws were...