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.


South Korean Internet giant launches blockchain service and cryptanalysis

21 Mar 2019 1 minute read xlubecx $0.00 tipped

Fintech's shoulder of Korea's largest cocoa corporation, Cocoa, is launching a blockchain service platform that will enable companies to start their business using this technology. The Korean daily JoongAng Daily reported on March 19th. The Luniverse...

SEC postpones the Bitcoin ETF verdicts: Will they help to approve Bitwise's findings?

1 Apr 2019 1 minute read xlubecx $0.00 tipped

The US Securities and Exchange Commission (SEC) has expected to postpone its decision on applications for Bitcoin ETF approval. The application from Bitwise Asset Management was lodged on 15 February, and the SEC should have commented on it by 30 Mar...

Binance "pumps" Binance Coin (BNB). Approaching the historic high

25 Mar 2019 2 minute read xlubecx $0.00 tipped

While most market capitalization's most valuable cryptocurrency divide a lot from their all-time-high (ATH) dollars, Binance Coin is on its way to creating its new maximum in the coming months. While Bitcoin is currently almost 80% higher than its ma...

Get much likes with Steemvotes

25 Mar 2019 1 minute read Morocroft $0.00 tipped

Use your account steemit with steemvote to generate much like with your steem power you can read more about steemvote Here

Vote for Steemit as Top Social Network of the Year ...

11 Aug 2019 1 minute read offgrid $0.00 tipped

If you are still happy with Steemit.com you can vote for them as Top Social Network of the Year .... Or let’s see if we can get Publish0x up there too... Vote here: https://noonies.hackernoon.com/award/cjxcaksd46uok0b12ezynf20u    

Institutional trading with Bitcoin has an increasing market share

11 Apr 2019 1 minute read xlubecx $0.00 tipped

Trading investment products for institutional investors in Bitcoin has seen growth for the fourth consecutive month. It was published by Diar in a new study published on April 8th. DIAR data reveals that the month-on-month percentage of Bitcoin insti...

Vlog #368 - The Beautiful Heart Flower Of Our Blockchain

18 Jun 2019 1 minute read Chesatochi $0.00 tipped

DTube vlog archives You can check all my vlog archives on my crypto blog: Dtube Vlog Great DAPPS on Steem Encourage me and joins those dapps under my affiliate link: Steem Ninja - Purchase an account and steem delegation: Steem NinjaPartiko - Best w...

Andreessen Horowitz can also invest $ 1 billion in cryptocurrencies

3 Apr 2019 1 minute read xlubecx $0.00 tipped

The American venture capital company Andereessen Horowitz is undergoing restructuring to register all its employees as qualified financial advisors. Andereessen Horowitz is a Silicon Valley-based company specializing in investing in start-ups and fin...

Steem Digital Asset Report: Token Review And Investment Grade

8 Apr 2019 1 minute read Scottcbusiness.eth $0.00 tipped

This is extremely insightful and points out the major issues in Steem like they laid off 70% of their team and are reporting losses, 40% of the currency is owned by less than 100 people and many could be duplicate accounts, the active user base has h...

Roubini compared the cryptocurrency to his mother and father to all the bubbles

13 May 2019 1 minute read xlubecx $0.00 tipped

he economist Nouriel Roubini, who is known to be perhaps the biggest and most loud cryptocurrency critic, headed by Bitcoin, said during the New York conference that cryptocurrency are the mother and father of all bubbles. Roubini, also known as "Dr....