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.

The "Big P" is a Problem With Crypto, And You Have Probably Never Heard of It.

1 day ago 5 minute read 5 comments SkinnerCrypto

I have done a decent amount of reading, research and other fun activities on blockchain technology and associated projects. Hell, I dabble in the blockchain programming every so often too. Now, I'm no Vitalik or Nakamoto by any stretch of the imagina...

Steemit an interesting case of first generation blockchain-based social media

1 day ago 3 minute read 18 comments ankarlie

Steemit had the unique advantage of being the first mover in the space but has failed so miserably to stand up why a decentralized social media was created in the first place. The recent change of management of Steemit vividly showed this. Instead of...

KNITRIAS PROJECT | Definition and Roadmap | A project for the growth of little accounts still working in Steem

1 day ago 11 minute read 0 comments Canto_Mike

The Steem blockchain was forked into a new blockchain called Hive. While many authors and communities decided to move completely to Hive, many users still see the Steem blockchain as a source of work, inspiration and good relations. Many have exprese...

They say "steemit has gone full authoritarian"

2 days ago 1 minute read 1 comment felipejoys

  My opinion on the steem/hive hardfork When people write "steemit has gone full authoritarian", I read "the major change is that you get blacklisted if you post about competing platforms" which is actually not that big of a deal. I can't say hive...

It finally happened. A Splinterlands GL card.

2 days ago 1 minute read 2 comments niallon11

After joining in week one of the original game. Thousands of rewards cards and hundreds of packs bought and traded over that time. I finally turned over an illusive GOLD LEGENDARY card. I thought this day would never come but with the recent events o...

HIVE - The Decentralized Community Dream

2 days ago 4 minute read 2 comments paragism

Cover Image – Made by the author using free vectors “Two roads diverged in a yellow wood,And sorry I could not travel bothAnd be one traveler, long I stoodAnd looked down one as far as I couldTo where it bent in the undergrowth”- Robert Frost in The...

Earn Money From Your Photos - APPICS

4 days ago 1 minute read 0 comments fycee

You read it right! Earning money in as easy as taking photos of yourself, friends, places, inanimate objects and even former photos you had a long time ago. Just make sure it's yours and you're ready to start your career with us. The Beta-phase has a...


5 days ago 1 minute read 0 comments CryptoBitcoinChris

🚀 Join the BEST trading group on YouTube! 🚀 🚀 Crypto Payments Accepted! 6 month min.HUGE Crypto Discounts: 20% to 30% off!Crypto Payments: 2nd chance to buy the bitcoin bottom!H...

Steem blockchain activity significantly down since Hive fork

5 days ago 1 minute read 1 comment Solominer

The fork to Hive has had quite the impact on the Steem blockchain, with only about a quarter as many operations occurring pre-fork. It would seem most dapps have left the space, causing a drop in activity. I hope that Hive joins Blocktivity soon,...

Hive Versus Steem : A comparison of Engagement and Earnings

5 days ago 1 minute read 1 comment offgrid

Testing Testing 1,2,3 .... Thought I would see how these 2 posts fair on each Chain... Is it worth it to Cross Post on Steemy ? Not really.... But as far as understanding the difference in engagement on your work it certainly provides a clear example...