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 witnesses are fighting to keep the Steem Blockchain intact!!

6 Mar 2020 7 minute read 3 comments Greenchic

  As part of Steem community, I appreciate all the witnesses and consensus witnesses of the Steem Blockchain that are fighting to protect and safeguard the Steem Blockchain. Generally all this is complicated for me, however, recent chaotic happening...

Discussing OpenOrchard With Andrew Levine

14 May 2020 1 minute read 5 comments Scott Cunningham

I had the opportunity to discuss OpenOrchard with Andrew Levine who is the co-founder and CEO there. You may know him from Steemit where he worked since the beginning. He’s moved on to bigger and better things and we spend some time diving into all o...

Steem, Hive and Their Collateral Victims

6 Apr 2020 4 minute read 10 comments acesontop

I guess it's close to two months since Steemit was bought by Justin Sun and most of the users reactions weren't positive at all right from the beginning. Most of you probably know that there were some discussions at the beginning between him, Ned Sc...

Steem Is Hardforking To Create Hive

20 Mar 2020 2 minute read 12 comments Scott Cunningham

The Steem blockchain is being hard forked creating a new blockchain and content network called Hive which will be like Steem but have new policies in place for decentralization. Hive will be fast, scalable, powerful, and the blockchain for Web 3.0....

Interviewing Zac Nien From Contentos

13 Feb 2020 1 minute read 1 comment Scott Cunningham

COS.TV is a content ecosystem based on Contentos. You can watch your favorite videos here, join this community with your friends, share content, and get COS reward. These are some of the questions we went over: •             Can you tell us a little...

Hive.io - The New Steemit

23 Mar 2020 3 minute read 6 comments Juan Molina

I had not written any articles on the sale of Steemit.Inc or any related aspect.With the recent events and the launch of Hive Blockchain, everything has taken a course that, in my opinion, is clear and irreversible. Therefore, I present my opinions....

AtomCollectorRecords.com Pays You To Listen To Independent Music

15 Feb 2020 1 minute read 6 comments AtomCollector

AtomCollectorRecords.com was developed to help independent musicians get their music heard.After finding out about STEEM we were able to add the ability for music fans and musicians to earn crypto currency LISTENING to music too. The most important...

Where And How You Can Use Hive

25 Mar 2020 1 minute read 6 comments Scott Cunningham

I’ve gotten a lot of questions about Hive recently asking me where you can use it, how can it be used, amongst many more. Today I will be going through all these questions and showing you what Hive looks like on a few platforms. What I’m covering bas...

Steemit an interesting case of first generation blockchain-based social media

1 Apr 2020 3 minute read 20 comments ankarlie

Steemit had the unique advantage of being the first mover in the space but has failed so miserably to stand up why a decentralized social media was created in the first place. The recent change of management of Steemit vividly showed this. Instead of...

Exchanging my Hive tokens in Ionomy

10 Apr 2020 6 minute read 1 comment jadams2k18

  I've been publishing on Steemit.com for several years and now with the birth of Hive I've also joined this platform, which I think is a bit cooler and there's more communication with the community. Many friends have asked me how to change the Hive...