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.


Steemmonstrs art: Lord Ailanthus

1 Jul 2019 1 minute read RorShah $0.02 tipped

Hello to all crypto bloggers! There is a famous and useful card I choose to draw - Lord Ailanthus. This is the final art with photoshop filter used in it. Below you can see screenshots of the drawing process in Autodesk Sketchbook android applicatio...

Canvas and Pastel [Poem], written by @nachomolina

16 Dec 2019 1 minute read nachomolina $0.02 tipped

Canvas and Pastel   Orinoco nodriza,suspended in thesunset fire Effigy, oil uniformviolet to the wind,orchid, among streams It was a whirlwind of colors,the mind of the creatorsurreal, ambiguous... Like the canvaswhite, behind you,first muse inspira...

Redfishcoin Powered by Waves Platform

11 Mar 2019 2 minute read Redfishcoin $0.02 tipped

Why Redfishcoin? First, we must look on the history of why it was called Redfish anyway. It started on a small community in Steemit, a blogging site since 2016 where you can earn while blogging. Last May 2017, Redfish is a new official ranks for all...

Only if you Know it's True Value

18 Apr 2019 1 minute read Redfishcoin $0.02 tipped

  Redfishcoin is a Waves based token of Steemit Redfish Community that since 2017 are actively on giving our service, especially on Monthly shares to our valued holders who gives the value of our token! Claim as many tokens as you can here http...

Trading Redfishcoin and Coming Monthly Shares

21 Apr 2019 1 minute read Redfishcoin $0.02 tipped

  4 days more and the monthly shares distribution will be given to our valued supporters, investors, holders, and community members! Since 2017, Monthly shares became a brand of Redfishcoin and the community. As of the Moment, Redfish value in t...

Blockchain will be the majority of the economy in 10-20 years, says co-founder Etherea

19 Mar 2019 1 minute read xlubecx $0.02 tipped

Joseph Lubin, co-founder of Etherea, expects the global economy to be about 10 times larger in 10-20 years if mass adoption of blockchain takes place. Moreover, he added that this technology will be involved in most economies. During the same speech,...

Steemit Friction Part I: A unique look into bidbots. Distribution of post-rewards while retaining massive curation-rewards

24 May 2019 5 minute read Borges.Barilla $0.01 tipped

originaly published on steemit For long, I've been a critique of the bidbot scheme. To understand its inner workings takes time and also a large amount of engaged-action. Action meaning: getting your hands dirty. For a glance into the bidbot economy...

Tron bought CoinPlay! Will blockchain create a marketplace for Google Play?

30 Mar 2019 1 minute read xlubecx $0.01 tipped

The Tron Foundation, the foundation behind the development of the TRON blockchain, and the TRX cryptocurrency, has bought the blockchain app store CoinPlay. This was announced by Twitter CEO Justin Sun. With this new acquisition, Tron (TRX) wants to...

Opera launched a browser with crypto wallet and Web3 + VIDEO support

10 Apr 2019 1 minute read xlubecx $0.01 tipped

Opera's leading web browser has released a new version of its browser with built-in crypto wallet. The new Opera 60 browser (codename Reborn3) includes the native Opera Wallet and Web 3 explorer, which allows users to perform transactions and communi...

Human Curation Manifest * Part Two * Thoughts Inspired By Steemit's Blue-Paper * Paying for voting-bots threatens the "Proof of Brain" Reward System

21 May 2019 2 minute read Borges.Barilla $0.01 tipped

  A tremendous human-value is shining up through Steemit platform. Extraordinary experiences and creative views are being shared, unleashing unprecedented life-changing potentials and building a unique historical record of our time. And may that be t...