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.


Steem Fork: What happened with Hive, SteemIt & Justin Sun?

13 Aug 2020 4 minute read 8 comments MintDice.com

For those of you out there who are altcoin lovers, you’re probably familiar with the alt coin Steem, known as the “blogging” blockchain which rewards users for sharing their content. When a user posts to the Steemit app available on the Steem platfor...

Fork it the hard way! Steem hard fork announced

18 Mar 2020 2 minute read 16 comments paragism

Chinese entrepreneur and Tron founder Justin Sun did acquisition of Steemit in February’20 and immediately announced that Steem would be existing as Tron token and the whole dapp eco-system of Steem blockchain would be moved to Tron blockchain. As St...

Importance Of Not Staking on Exchanges and Holding Your Keys

4 Mar 2020 2 minute read 17 comments TiddyBit

The saying holds more true today than ever before. Justin Sun, Tron, take over of Steem and collaboration with exchanges with the likes of Binance, Huobi and Poloniex and other Chinese exchanges has the old saying "Not your Keys Not Your Crypto" Many...

Steemit starts to censor contents and downvote its own users with 29 million Steem Power!

22 Mar 2020 2 minute read 18 comments paragism

Cover Image Source - imgflip meme site. It features part screenshot of Justin Sun's original abusive post in Steemit addressing the members of the community. The post was deleted later but it still exists in the immutable Steem blockchain Steem hard...

I Looked Into TRON's Steemit Acquisition. This Is What I Think About It.

1 Mar 2020 6 minute read 11 comments SkinnerCrypto

Alright, Now HERE'S A Juicy little piece of Crypto News that I... am Far Too Late Addressing. This happened a couple weeks ago! That's like, 60 years in Internet time. Pictured: News Earlier This Month. Fine. It's been covered to death and just like...

Steem (STEEM) Price Prediction 2020 - $0.75 Possible? Or Are We Headed To $0?

20 May 2020 11 minute read 13 comments CryptoChartWizard91

Today will be a different type of price prediction for you guys. This is largely due to the fact that there is a great exodus occurring within the community of the project that I am about to discuss which means that the prediction in this article cou...

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

11 Jun 2020 2 minute read 1 comment Dapp.com

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...

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

8 Jun 2020 3 minute read 28 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...

I Tried To Make Money On Steemit Alone. It Was A Failure

27 Feb 2020 4 minute read 36 comments Cryptolohy

I have been reading, tipping and writing here in Publish0x for a few months now. So far it has been great. I am able to monetize one of my biggest hobbies/interests. Cryptocurrency. I have even made it to #1 of one of the Publish0x competitions, with...

🎉[New Dapps] Make Your Voice Heard, Mark Your Memories, That’s How Social Should Be

16 Jul 2020 3 minute read 2 comments Dapp.com

Content and engagement are the core value of a social media platform. And all the content is created by users, by you. And a good social platform is where your voice can be heard and respected, where everyone can be an influencer, but not just full...