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 Knights: 3D multiplayer game

27 Sep 2019 1 minute read 0 comments dexpartacus

                                                        Official website screenshot Tomorrow 28 September 12:00 UTC a new game on Steemit will arrive, and will be the first 3D multiplayer. Steem Knights is a fight & chess mixed together, where it wi...

Steem Downvotes: The Good, The Bad & The Ugly

7 Dec 2019 4 minute read 2 comments Juan Molina

Image Source   Much has been said about downvotes, but: How does the common user perceive it? Since the creation of Steemit there are the so-called "Flags". The perhaps indiscriminate use and at the discretionality of this resource generated the fa...

Steem Is Forming Bullish Shark Pattern And Completing The Bullish Setup For Upto 30% Bullish Move

29 Dec 2019 1 minute read 2 comments moon333

Priceline of World's 78th ranked cryptocurrency out of more than 2300 cryptocurrencies Steem is forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon. This potential reversal...

Steemhunt: Be the Hunter, Don't get hunted–Reviewing the 'BestDApp'.

10 Dec 2019 6 minute read 1 comment Dzoelx

  Unarguably one the biggest features of the blockchain technology is the ability to build decentralized applications and create smart contracts on the blockchain, probably the most mind-blowing ability of the blockchain technology, not only are the...

Splinterlands - End of Season (Looking at the Numbers)

17 Jan 2020 1 minute read 0 comments mawit07

Conclusion to another great season was today and many players where receiving their well deserved reward cards. Are you curious how popular Splinterlands is? (Data courtesy from @rafalski at Splinterlands Statistics) Daily Battles Chart (From 10/201...

Get the Payout report of a Steem user for any period you specify in Steem Blockchain.

30 Dec 2019 1 minute read 0 comments milaan

You can check the customized payout report of a Steem user for any period that you specify. Just use this tool, enter the Steem username, enter the period for which you want to check the earning of a Steem user. You can customize this earning report...

Tunes - A Tribe for musicians and all music lovers

14 Aug 2019 1 minute read 4 comments PH-X

Hello, everyone already heard the good news? Tunes - A Tribe for musicians and all music lovers I want to present a new tribe called Tunes, for me one of the best and supportive tribes until now.For all musicians and music lovers, you have a place o...

Justin Sun killed STEEM.

21 Mar 2020 1 minute read 1 comment MadMaxx

#hiveislive! Hive got launched yesterday, and that wasn't done without a ton of controversy. First off, Binance and Huobi, who were previously accused of supporting Justin Sun with their share of STEEM(and subsequently denied the allegations) were am...

Cryptocurrencies Replacing Fiat By 2030: A Lesson For Steem

8 Dec 2019 4 minute read 5 comments TaskMaster

  The acceptance of cryptocurrency is slow. Bitcoin is over 10 years old and there are still, proportionately speaking, very few users globally. Many use the idea of a slow acceptance rate as a sign that it is a failure. This is not exactly the case....

Do you spend Steem offline?

5 Jan 2020 1 minute read 2 comments belemo

Earlier today while I was sitting on the shitter, the place where most great ideas are born, the question on the title popped into my head. The question came due to the fact that I have been blogging my ass off for a couple of months to buy a new pho...