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.


The Whale Intelligence #7

12 Jul 2019 2 minute read liquid-mike $0.13 tipped

Help Test Hard Fork 21! Steemitblog put out a call for people to test the new Hardfork and people are ... not happy. "very lazy development ruined steem market value every one is leaving steem forever we do not care anymore about steem and lame prom...

Steemit Is Back Online But…

2 Sep 2019 1 minute read ketcom $0.13 tipped

A lot of members of the Steem blockchain were relieved when they got the twitter notice from the management which says   “The Steem Blockchain is operational but we are performing maintenance on our public API that is affecting some applications, inc...

How Delegated Proof of Stake Works:Complete Begginers Guide.

16 Aug 2019 5 minute read alberdioni8406 $0.13 tipped

  DPoS uses delegated stakeholders to validate the Blockchain and  resolve consensus issues in a democratically designed model. In DPoS any stakeholder, even those with the smallest amount of tokens, are able to cast a vote in an election process tha...

Earn Extra Steem $$$ with Busy.org #busy #palnet #lifestyle #neoxian #creativecoin

6 Oct 2019 1 minute read offgrid $0.13 tipped

if you are still a blogger on Steemit here is a simple way to get some extra Steem upvotes and also earn several new SteemEngine tokens that you can convert to Steem then cash out via PayPal.... Https://Busy.org always gives me a good steem upvote if...

The Whale Intelligence #11

15 Jul 2019 2 minute read liquid-mike $0.13 tipped

GREEN HIGH SPEED CRYPTO MINING Batmine is a "low cost, mostly green energy" crypto mining service. They use secure locations with quality hash power and switch between currencies to maximize mining yields. Mining sites will be built in the Czech Rep...

Steemit and Steem getting some Press!

26 Aug 2019 1 minute read Doc $0.12 tipped

With the HF quickly approaching, some news sites have been talking about steem. Normally I don't see many things steemit/steem related on yahoo.finance. In fact, I think I only have seen something there once or twice in the last 3 years. Ironically,...

Poloniex Exchange Delisting STEEM Coin

9 Oct 2019 1 minute read Matthew Rosenquist $0.12 tipped

Poloniex customers holding STEEM and a number of other coins were notified via email that the exchange has begun the process to permanently delist the cryptocurrencies.  If you have any STEEM on Poloniex, you MUST act to move or sell those coins.  ...

Steemmonster / Splinterlands Season 2 Rewards

6 days ago 1 minute read skylinebuds $0.12 tipped

Season 2 comes to an end for me. This is way more than the second season for most steemmonster players but I have only played 2 seasons as I was away from steem for a brief while. How many seasons have you played? I am wishing I was around for a few...

Charity or necessary?

8 Sep 2019 2 minute read Wakeupkitty $0.12 tipped

I host two contest on Steemit to help people grow. Steemit is a social media (platform) on the blockchain. The little redfish in the first place. They need to grow to have more power. Without power, they cannot post or comment. A ridiculous system fo...

Was Steem-Engine just an essay?

3 weeks ago 2 minute read Juan Molina $0.12 tipped

Since 2019 Q2, started operating Steem-Engine. This new platform allows anyone to create their own Steem-based token.   Since its launch until today, more than 600 new tokens have been created. Most of them are just test tokens, very few represent...