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.


Do you spend Steem offline?

2 weeks ago 1 minute read belemo $0.34 tipped

Earlier today while I was sitting on the shitter, the place where most great ideas are born, the question on the title popped into my head. The question came due to the fact that I have been blogging my ass off for a couple of months to buy a new pho...

STEEM's Place in the Cryptocurrency World

4 weeks ago 1 minute read Wstanley224 $0.34 tipped

STEEM's Place in the Cryptocurrency World STEEM is a cryptocurrency that is near to my heart. I have been a Steemian for 2-years and counting and use the website daily through the eSteem app. STEEM's strengths are its 3-second block times, large dApp...

The Whale Intelligence. #6

11 Jul 2019 2 minute read liquid-mike $0.32 tipped

Steemit Collaborates With Metal Pay. Is this the new easiest way to go from USD and Steem and back?! Metal Pay is "a next generation payments application" that hosts a variety of cryptos. Users can pay people crypto OR USD for services on their phon...

STOP creating whales!

3 weeks ago 4 minute read DragoNate $0.32 tipped

One major thing that holds me back from many platforms & ideas is the fact of knowing that I won't be able to earn much from it. No, earning isn't the major reason I want to create content, but it is my time I'm spending & time doesn't pay the bills...

HIVE Blockchain: The Future of Mining

22 Sep 2019 5 minute read MintDice $0.32 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...

$11 Trillion Cryptocurrency Marketcapin 2023: Steem Stands To Really Benefit?

3 weeks ago 4 minute read TaskMaster $0.32 tipped

We see a lot of projections and people trying to figure out where the cryptocurrency market is going. I think it is no longer a question of whether this is going to be a part of the future. Blockchain and cryptocurrency are growing. I keep coming ac...

Splinterlands Promo | 25+ Free Cards Delegation

2 weeks ago 3 minute read costanza $0.31 tipped

I waited way too long to start playing Splinterlands but once I did it quickly got me hooked as a gamer who used to enjoy playing Hearthstone. I've been saving up a lot of reward cards and want to put them to good use and delegate them out to anyone...

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

12 Aug 2019 1 minute read offgrid $0.30 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...

Steemit Team Ignores Steem Engine

30 Nov 2019 1 minute read CosmicCitadel $0.30 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...

Only 30,000 Splinterlands Beta Packs Left

5 Oct 2019 2 minute read egamersio $0.29 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...