Steem (STEEM)

426 Articles 4 Followers

Steem coin logo
steem
usd

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 Comprehensive Blockchain Social Crypto Holdings Breakdown

1 week ago 21 minute read Scottcbusiness.eth $4.71 tipped

Have you wondered who is holding the majority of circulating tokens or cryptocurrency for a blockchain social platform or how they’re distributed? Today we are going to dive into each major platform and do a comprehensive breakdown with the informati...

Publish0x Is The Only Platform Without Wealth Inequality

3 weeks ago 6 minute read Scottcbusiness.eth $4.59 tipped

Part of the original motivation for cryptocurrency was to help solve the wealth inequality found in fiat currencies, but it ends up the same. A tiny percentage of accounts hold the majority of any cryptocurrency while the rest hold tiny almost neglig...

Publish0x Advantages over Steemit

1 week ago 2 minute read LeftAntiPC $1.28 tipped

I've been using Steemit for nearly two years now, but I can't help but notice that Publish0x is doing many things better than Steemit. In fact, Publish0x often does things much better, despite Publish0x being a much younger site. I've only been u...

Has anybody figured out how to earn $BAT with the Brave Browser ?

3 weeks ago 1 minute read offgrid $0.49 tipped

Is it just me ? Does the Brave Browser seem super complicated ? I mean I could figure out how to sign up on Steemit.com, earn Steem, convert Steem dollars to Steem and Steem Power, send Steem to Binance, convert Steem to Bitcoin, send Bitcoin to Coin...

Steem Downvotes: The Good, The Bad & The Ugly

3 days ago 4 minute read Juan Molina $0.38 tipped

Image Source   Much has been said about downvotes, but: How does the common user perceive it? Since the creation of Steemit there are the so-called "Flags". The perhaps indiscriminate use and at the discretionality of this resource generated the fa...

Cryptocurrencies Replacing Fiat By 2030: A Lesson For Steem

2 days ago 4 minute read TaskMaster $0.30 tipped

  The acceptance of cryptocurrency is slow. Bitcoin is over 10 years old and there are still, proportionately speaking, very few users globally. Many use the idea of a slow acceptance rate as a sign that it is a failure. This is not exactly the case....

SteemNova 2 Released!

1 week ago 1 minute read fervi $0.29 tipped

Finally I managed to release the second version of SteemNova's popular Steem game. SteemNova 2 is a free (and open source) browser game inspired by the game Ogame, which is a multi-player tactical-strategic game. Our task is to develop the mother pla...

Thursday Update for Atom Collector Records, @MusicVoter & @MusicVoter2

1 week ago 1 minute read AtomCollector $0.28 tipped

  A Little Crypto Feeds Kids! If you are a regular reader of our updates or if you watch our live streams you will know that we are supporting a music school in Venezuela run by @kantos. They have their own STEEM account, @fundakantoria, and...

Steemit Team Ignores Steem Engine

1 week ago 1 minute read CosmicCitadel $0.24 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...

Splinterlands - ORB Opening #2

1 day ago 1 minute read skylinebuds $0.17 tipped

  I am going to show off another ORB that I have opened. Do you open orbs at all? they cost around 2400 DEC. As you can see in this orb I was able to get a nice draw of cards, With 4 mana and 4 armor the ENCHANTED DEFENDER is not a bad card but it...