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.

A STEEMY surprise.

18 Mar 2020 2 minute read 3 comments MadMaxx

Ever since Bitcoin fell, and Ethereum fell, many people have abandoned the market and have just been floating about, doing nothing. Some people actually called crypto "a scam" on twitter. Some even called Bitcoin a scam. Noice. We're at that level no...

You Can Now Play Splinterlands From Your Smartphone

12 Feb 2020 1 minute read 3 comments egamersio

The ALPHA version of the Splinterlands Mobile App is now available to download. After eight months of design and development, the early access is out. Now players can battle from their mobile devices on the go, at any time, in any place.  Keep in min...

Justin Sun Claims HIVE Witnesses Have Stolen Millions of Dollars From Steemit Inc.

21 May 2020 1 minute read 3 comments xqanxxx

Ever since Justin Sun acquired Steemit Inc., many Steemit stakeholders and the crypto community have criticized him for some of his actions. The most talked-about incident was the hostile take over of the Steem blockchain platform in February 2020....

Valentine Breaking News: Steemit 💕 TRON = Time To Invest In Tron (TRX)?

14 Feb 2020 1 minute read 3 comments tomoyan

The largest blockchain-based social network is sold and joining TRON. Steemit Joining Tron Ecosystem I am not exactly sure what is going to happen for existing steemians and STEEM tokens. But STEEM and TRX are both going up after the announcement. I...

STEEMIT Adventures Episode 1: The Onboarding

18 Feb 2020 3 minute read 10 comments SkinnerCrypto

This series of posts is gonna be a bit different from my other posts, because you're walking with me as I do this. Literally. Most of this writing is being done around the time I undertake this adventure. You're reading the field notes. You're seeing...

HIVE coins is pumping like nothing left to buy in the market🚀🚀🚀

26 Apr 2020 1 minute read 1 comment Kavi

Are you surprised seeing hive is the only coin is performing well with high volume on bittrex, huobi global exchanges and from last 3 days , it keeps pumping , so lets collect some information about hive. It is hard forked of steem blockchain and re...

I Made My First Post On Steemit. This is How It Went Down.

23 Feb 2020 2 minute read 4 comments SkinnerCrypto

Alrighty folks, after saying I'm gonna do it for about a week and then FINALLY getting around to it (because I procrastinate), I finally did it. Holy hell, Call CNN, right? We need Wolf Blitzer NOW! But seriously, this took a little doing. Steemit's...

The Key Differences Between Steemit and Publish0x For Authors

17 Apr 2020 2 minute read 0 comments positivitee

Publish0x and Steemit are two popular blogging platforms in the crypto space but that's about where the similarities end. For any blogger looking to start on either of the platforms, the way posts are rewarded couldn't be more different. While the h...

Why it's a great time to get into HIVE token.(And how I plan to get it without spending a dime)

19 Mar 2020 2 minute read 5 comments MadMaxx

Tomorrow marks the death of the old STEEM. And the birth of Hive, a new blockchain that will port all the features of the STEEM blockchain over, and then some. I have bought about $1000 worth of STEEM in the past hour or so, and I'll tell you why, an...

Good Riddance Steemit. Hello HIVE! A Decentralized Fork For the People!

18 Mar 2020 1 minute read 3 comments FarewelltoMinds

In a surprise announcement by steemit account @hiveio, a new fork of STEEM has been announced.    Enter HIVE.   In their own words: Hive is a DPOS governance blockchain created by implementing a hard fork of existing Steem code. In short, HIVE is a...