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.


Cryptocurrencies Replacing Fiat By 2030: A Lesson For Steem

4 days ago 4 minute read TaskMaster $0.30 tipped

  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....

SteemNova 2 Released!

1 week ago 1 minute read fervi $0.29 tipped

Finally I managed to release the second version of SteemNova's popular Steem game. SteemNova 2 is a free (and open source) browser game inspired by the game Ogame, which is a multi-player tactical-strategic game. Our task is to develop the mother pla...

Why do you need to sign up to Publish0x.com,  Where WRITERS AND READERS Get Paid?

24 Oct 2019 3 minute read ModernEuler $0.28 tipped

  What is Publish0x.com? Publish0x is a "crypto powered blogging platform". The platform is mainly for crypto but you can find/write artilcle on any topic like Music, Photography and Art, Business and Tech and Entertainment.      One of the most pro...

Thursday Update for Atom Collector Records, @MusicVoter & @MusicVoter2

2 weeks ago 1 minute read AtomCollector $0.28 tipped

  A Little Crypto Feeds Kids! If you are a regular reader of our updates or if you watch our live streams you will know that we are supporting a music school in Venezuela run by @kantos. They have their own STEEM account, @fundakantoria, and...

HIVE Blockchain: The Future of Mining

22 Sep 2019 5 minute read MintDice $0.26 tipped

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...

Bringing People into a Complex Crypto System with Dapps

23 Jun 2019 2 minute read CosmicCitadel $0.25 tipped

Some cryptocurrency systems are fairly straightforward. You get the coin, it’s sent to your address, and that’s it. All you need is something to generate an address for you and something that allows you to access the address. Sometimes this is achiev...

Steemit Team Ignores Steem Engine

1 week ago 1 minute read CosmicCitadel $0.24 tipped

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...

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

12 Aug 2019 1 minute read offgrid $0.24 tipped

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...

Layman's Thoughts on Libra: can Facebook compete in the cryptospace?

22 Jun 2019 1 minute read StuffBySpencer $0.24 tipped

So, that silly little Libra coin thing... What's up with that? This might be a stale topic at this point, but I felt like sharing my opinions on Facebook's Libra cryptocurrency. Short post, formatted from my twitter thread.     💭 THOUGHT #1: The 2...

Only 30,000 Splinterlands Beta Packs Left

5 Oct 2019 2 minute read egamersio $0.23 tipped

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...