Steem (STEEM)

423 Articles 4 Followers

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.

14/09/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, PVT (pivot coin), DAI, XRP, EOS

14 Sep 2019 1 minute read Danoskie $0.17 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 14/09/2019For crypto's bears vs bulls, some are gaining while most of them have loss to the bears.NB: The prices of these cryptos are based on the time I posted th...

Steem makes Top 10 list of cryptocurrencies to buy

20 Sep 2019 2 minute read Doc $0.17 tipped

Steem continues to see good press as of late! recently put out a list of their Top 10 Cryptocurrencies to buy right now (2019 edition) and STEEM found its way inside the top 10. It was listed at number 8 to be precise. This isn't quite ea...

Steemit: The Bull and the Basics

14 Jul 2019 2 minute read DogGodFrogLog $0.16 tipped

It was a very exciting December when I first made my Steemit account. Prices were at all-time high, people were in profit, and it felt like heaven was rolling down a red carpet for the world. Writing and blogging evergreen articles has always been a...

Discussing Steemit With Managing Director Elizabeth Powell

21 Jun 2019 1 minute read Scottcbusiness.eth $0.16 tipped

In this video, I sit down with Elizabeth Powell who is the Managing Director at Steemit to discuss what they have been working on and where they are headed next. It's a bit choppy in the first minute, but it's fine after that. The questions we cover...

Trying Out DClick For Steemit

4 Jun 2019 1 minute read duckmast3r $0.16 tipped

I found out about the program Dclick that is based off of Steemit.. I just signed up for it so I will be posting updates in the next few days to show some results. From what I understand is it's a program similar to Adsense, but it pays you in Steemi...

How Steem Should Work

19 Sep 2019 5 minute read CosmicCitadel $0.15 tipped

Those familiar with Steem and Steemit know that while it's a great network, it could work better than it does, especially when it comes to making things easy for new users and attracting new users.  In this episode of the Cosmic Crypto Explorer podca...

The Steem Life: Terms you should know

6 Nov 2019 2 minute read belemo $0.15 tipped

The Steem Life is a series of articles that highlight my journey so far and hopefully motivate others. The Steem Life is a series that discusses my journey so far and hopefully motivate others. Previous Episodes: Welcome to The Steem Life It Starts w...

Bullish on STEEM!

29 Jul 2019 2 minute read LeftAntiPC $0.15 tipped

Even though I've been on Steemit for a year and a half, I had never bought any STEEM - but that changed this week. Although I preferred to try to earn my way to STEEM success through post payouts, I realized that with STEEM as cheap as 23 cents,...

So that's what the tokens for!

26 Jun 2019 1 minute read Qam2112 $0.15 tipped

I have been on steemit for a while. I have been on the actifit app for months now, posting almost daily  I have been getting small upvotes daily on my activity and been getting actifit tokens I even bought some a few weeks ago not sure why but after...

The Steem Life: The Lonely Road

3 Oct 2019 2 minute read belemo $0.15 tipped

The Steem Life is a series that discusses my journey so far and hopefully motivate others. Previous Episodes:- Welcome to The Steem Life- It Starts with an Introduction  A moment to Reflect Looking back at it, I probably should have done certain thin...