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.


Is STEEM A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

1 day ago 7 minute read CryptoBoomer $6.98 tipped

While there are a lot of different blockchain startups that promise to solve different things, but unfortunately, there does not seem to be many projects that try to solve the social media issues.  Yes, I’m talking about the problem with censorship....

Can A Blockchain Really Have "Intrinsic Value"?

1 day ago 3 minute read cryptofiend $1.80 tipped

This post is in reply to the post: https://www.publish0x.com/crypto-concord/intrinsic-value-steem-xxlrkw Can a blockchain have intrinsic value? Yes. Does Steem have intrinsic value? Yes. I can agree that Steem has intrinsic value. Indeed, I would arg...

Steem blockchain with Convergent linear reward curve is encouraging for quality bloggers post HF21.

2 days ago 3 minute read milaan $0.43 tipped

Evolution of reward curve in Steem blockchain In Steem blockchain, when it started back in 2016, the reward curve was quadratic, later it was changed to linear in the year 2017. Both types of reward curves have their advantages and disadvantages. Wit...

Following Through Because I Would Hate To Make Myself A Liar - Daily D00k13

1 day ago 1 minute read d00k13 $0.15 tipped

  What up my Peeps, welcome to the Daily @D00k13 for 12/05/2019 - 12/10/2019✌ Here we are again with an update of my daily activities. It has been good week though not being straight forward as I would like ending with me spending an entire day...

More STEEM For ATOM Hodlers. Token Creators - Would You Like Us To Airdrop Your Tokens?

1 day ago 1 minute read AtomCollector $0.09 tipped

On Monday we launched three new, exclusive Discord channels for holders of a minimum number of ATOM tokens in their Steem Engine accounts. We have now started rewarding people by airdropping STEEM & Bitcoin into the channels in our DIscord server co...

Rumors are Justin Sun and Tron are buying Steemit (s) INC

3 days ago 1 minute read trumpman $0.12 tipped

Big if true: https://globalcoinresearch.com/2019/12/09/breaking-justin-sun-and-tron-to-acquire-steemit/ Dunno about you but I bought some steem just in case it turns out to be true. If yes, Ill sell them in the next spike. If not, oh well, I will pr...

A Soldiers Journal (page 5)

1 day ago 2 minute read scoopslapue $0.05 tipped

A Soldiers Journal (page 5) My Most boring day I encounter was after arriving in Brisbane. I would be leaving HMAS Barcoo and in no time would be barking on my new adventure at the Flinders naval depot at crib point Melbourne. Hear I would carry out...

ATOM Price Increase, STEEM Airdrops, @MusicVoter2 Delegations

2 days ago 1 minute read AtomCollector $0.05 tipped

  Firstly a big THANK YOU to @nupulse for the delegation to @musicvoter2. It all helps to increase the amount we can reward high quality music related post with. On Monday we launched three new, exclusive Discord channels for holders of a min...

Today's STEEM Giveaway & Account Update

11 hours ago 1 minute read AtomCollector $0.04 tipped

On Monday we launched three new, exclusive Discord channels for holders of a minimum number of ATOM tokens in their Steem Engine accounts. We have now started rewarding people by airdropping STEEM & Bitcoin into the channels in our DIscord server co...

Life Splinter Experience

1 week ago 2 minute read dexpartacus $0.05 tipped

  The life symbol in the Splinterlands is very strong, as indeed inside all of us, we have only one life, as far as I know, and I think we must try to live it to the maximum and in the best possible way.All our choices reflect our actions, even a...