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.

MUSIC FOR STEEM WEEK #02 - Epilogue Video

10 hours ago 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...


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: 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-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...

Steem Out? How Hive Blockchain Became The Decentralized Social Future After Hard Fork?

11 Jun 2020 2 minute read 1 comment

On Friday, March 20th, a new blockchain called Hive launched from a fork of the Steem blockchain. According to Hive’s announcement on Medium, all Steem users at that time automatically existed on Hive, and a mirror of current balances was airdropped...

How To Reach 10,000 AFIT! + Hive

10 Jun 2020 1 minute read 0 comments Ronnie10

I have spoken before about Actifit. The Dapp that rewards you for your daily activity. For those of you who wants to know wants to know more about Actifit. You can find all the information in my previous post Earn For Your Daily Activity. Anyway, I h...

What is DTube and What Can You Earn From it?

8 Jun 2020 1 minute read 2 comments

  In our previous article 7 YouTube Alternatives You Should Try, we introduced 7 decentralized Youtube dapps you should try. One of the most popular Youtube Alternatives is DTube.  So what is DTube, how does it differ from Youtube, and what will you...

Steem Is Gonna Hard Fork AGAIN. Here's What I Think About it.

8 Jun 2020 3 minute read 25 comments SkinnerCrypto

Let's pretend for a moment that you bought out a major company that sells, say buttplugs. The Buttplug Company has a Lion's market share in the Ass-Insertion Industry, and you're super happy to have it. However, things start going south when you deci...

Another Steem hard fork and new chain coming !

7 Jun 2020 2 minute read 20 comments paragism

Vitalik Buterin termed the incident a ‘watershed moment’ in the blockchain history when Steem hard-forked to generate Hive blockchain on 20th March’20. The community split also happened but conflicts remained intact between the two communities. Steem...