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.


HIVE Blockchain: The Future of Mining

22 Sep 2019 5 minute read 2 comments MintDice

As the world of blockchain continues to undergo rapid development, several companies have come into the limelight. While it may be difficult to separate the wheat from the chaff where investment is concerned, some companies clearly stand out. One of...

$11 Trillion Cryptocurrency Marketcapin 2023: Steem Stands To Really Benefit?

25 Dec 2019 4 minute read 1 comment TaskMaster

We see a lot of projections and people trying to figure out where the cryptocurrency market is going. I think it is no longer a question of whether this is going to be a part of the future. Blockchain and cryptocurrency are growing. I keep coming ac...

Why Publish0x will be much bigger than Steemit ....

12 Aug 2019 1 minute read 2 comments offgrid

Publish0x will grow much faster than Steemit since it has the Ambassador / referral program. Patience and tenacity is key ...... persistence, pertinacity, determination, perseverance, doggedness, tenaciousness, single-mindedness, strength of will, fi...

Steemit Team Ignores Steem Engine

30 Nov 2019 1 minute read 4 comments CosmicCitadel

There has been much talk from the Steemit team about the coming Smart Media Tokens (SMTs) and also about Steemit Hives and Communities. What I find the most curious is in everything I’ve read so far, they completely ignore Steem Engine tokens and tri...

I'll be sticking with STEEM, you should too!

24 Mar 2020 1 minute read 1 comment Andrewgee740

The Justin Sun-inspired fork of the Steem platform caused many to miss the forest due to the trees. Maybe they'd be justified in slight anger. However, most obviously just want something to throw a hissy-fit about. The community would've been much be...

Only 30,000 Splinterlands Beta Packs Left

5 Oct 2019 2 minute read 0 comments egamersio

Splinterlands Beta Packs are about to vanish. After the remaining cards are sold the game will never produce these cards again. Let’s take a look at the current status of the current sale and if those cards are worth it. Splinterlands is one of the m...

The Whale Intelligence. #6

11 Jul 2019 2 minute read 2 comments liquid-mike

Steemit Collaborates With Metal Pay. Is this the new easiest way to go from USD and Steem and back?! Metal Pay is "a next generation payments application" that hosts a variety of cryptos. Users can pay people crypto OR USD for services on their phon...

How to make a Ton of $$$$ Steem with the new HF21 changes on Steemit.

29 Aug 2019 1 minute read 4 comments offgrid

Ok .... I figured out a way to make a ton of $$$ Steem (actually SBD, Steem Dollars) from the changes to Steemit with Hardfork HF21 You want to only Upvote the very best content that will receive over $20 Steem after 5 minutes of posting. How do you...

Steemit Experiencing Issues After Hardfork 21 And 22

2 Sep 2019 2 minute read 2 comments ketcom

If you are a member of the Steem Blockchain you must have discovered there have been issues with the platform since yesterday (about 13 hours to 14 hour from when this post was published). Members have not been unable to post, make comment or carry o...

Can You Really Make money Writing on These Platforms?

2 Sep 2019 2 minute read 3 comments gduran

I started hearing about crypto around 2013 mainly Bitcoin, now I was never able to put in any money mainly because the only way that I could do that was with a credit card and I gave up on those about ten years ago because I was getting more and more...