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's Proof of Work - The dark side of Steem.

8 Oct 2019 3 minute read fervi $3.28 tipped

A lot of people don't know Steem's story. They think it's a very nice platform for writing texts (which is partly true). However, they don't know the dark history of Steem, which will weigh over the platform for the rest of its existence. Not many pe...

Steemmonsters VS War of Legions

4 weeks ago 4 minute read mawit07 $2.98 tipped

War of Legions or Splinterlands?In 2014 I started playing a RPG card game created by Korean's ATeam called War of Legions (WOL). It is still running to this day, but I no longer play the game. The main factors I stop playing are the teammates I had i...

A Review Of Steem’s Decentralized Applications

15 Oct 2019 5 minute read Scottcbusiness.eth $2.92 tipped

I’ve been using several Steem decentralized applications or dapps for about 2 years and I’d like to review the social platforms built on Steem and share my recommendations. Keep in mind that for the most part, all the platforms being reviewed today g...

Steemmonsters/Splinterlands- Beginner's Guide Part 1

3 weeks ago 3 minute read mawit07 $2.83 tipped

For all who are new to crypto trading card games this post is for you ;) What is Splinterlands? Splinterlands originally called steemmonsters is a web base card game that is run on the steem blockchain.  The blockchain can store images, blog posts, v...

Steemmonsters - Staple Cards (For Beginners)

4 weeks ago 2 minute read mawit07 $2.79 tipped

One of the challenges for splinterlands to take off in popularity is the initial upfront cost players have to put in order to have a competitive deck. I do not know how to solve this, but would like to bring up specific cards that tend to be played a...

Can A Blockchain Really Have "Intrinsic Value"?

12 Dec 2019 3 minute read The0xFactor $2.72 tipped

This post is in reply to the post: 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...

Interviewing Dan Hensley From 3Speak

6 days ago 1 minute read Scottcbusiness.eth $2.60 tipped

I recently had the chance to speak with Dan Hensley who is the co-founder of 3Speak on the Steem blockchain which is a video hosting alternative to YouTube and considered a free speech platform. 3Speak is the home of Free Speech on the internet. We e...

Splinterlands - The Gold Foils Worth the Money?

3 weeks ago 1 minute read mawit07 $2.51 tipped

  I been watching splinterlands markets lately, but just recently noticed that sometimes investing in a gold foil is cheaper than leveling up a regular version. Although present upfront cost maybe lower with gold foil down the road leveling up will...

HoboDAO Publish0x Page.

25 Sep 2019 2 minute read liquid-mike $2.23 tipped

Welcome To The HoboDAO Publish0x Page. What is Hobo DAO? Hobo Dao is a multi chain decentralized project to review and reward long form content with Steem engine tokens. Any steem user can submit a publication and it will be manually reviewed and th...

Splinterlands/Steemmonsters - Simply the Best Steem Game?

3 weeks ago 5 minute read mawit07 $2.13 tipped

Many of my readers know by now that I am a big fan of Splinterlands, which was originally called Steemmonsters. What people should know is that Splinterland must  be played on the Steem blockchain.  This means they need a steem account.  The steem ec...