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.


⚡️[New Dapps] Relax At Your Tokenized Home, Swap Tokens and Explore Music All Over The World In One Click

8 Jul 2020 3 minute read 5 comments Dapp.com

This week, we’d like to introduce you to some new dapps that will refresh and simplify your life: you can be connected to the music all over the world while staying at your tokenized home, and swap the earning into different tokens in one click. You...

The growing gap between Hive and Steem loans on DLease

4 Jul 2020 1 minute read 2 comments Solominer

I keep an eye on the going interest rates for Hive and Steem, when I first started watching about a year ago before the split Steem was at about 12% for the average APR for a loan on the blockchain. These loans are done through delegation and use of...

SIGN UP FOR FREE!!!

1 Jul 2020 1 minute read 0 comments Juan Molina

Now You can create a new account on Steemit for free and without waiting time. Source   The Steem Blockchain economy is based on an Inflationary model, where each period of time new tokens are generated. These tokens make up the "Rewards Pool" which...

Steem Out? How Hive Blockchain Became The Decentralized Social Future After Hard Fork?

11 Jun 2020 2 minute read 1 comment Dapp.com

On Friday, March 20th, a new blockchain called Hive launched from a fork of the Steem blockchain. According to Hive’s announcement on Medium, all Steem users at that time automatically existed on Hive, and a mirror of current balances was airdropped...

Broken curation on Hive/Steem and possibly blurt and Zapta too,

13 Jul 2020 1 minute read 2 comments Rajat G

I recently read the post that is basically the announcement of the reward.app. Basically this post highlight how the current curation structure (5 minute for maximum benefit,actually it is much more complex with all the curves.) cause the late curato...

Create Your Own Tokenized Community in Minutes on EOS (+ Giveaway)

30 Jun 2020 1 minute read 0 comments Hodl EOS

  Create your own crypto community that uses your own crypto token.NFT Giveaway on Deplatform: https://deplatform.network/HODLEOSCommun: https://commun.com/ Deplatform utilizes the Deweb contracts on the EOS blockchain allowing anyone to create thei...

Publish0x Is Now The 2nd Biggest Crypto-powered Content Platform In The World

26 Feb 2020 4 minute read 39 comments Brawnd0

I’ve been writing on Publish0x for about 6 months now - I think I started in Q3 last year - and it’s been one hell of an experience. It’s very encouraging to see people band together and post solid opinions, investment advice and general discussions...

Another Steem hard fork and new chain coming !

7 Jun 2020 2 minute read 20 comments paragism

Vitalik Buterin termed the incident a ‘watershed moment’ in the blockchain history when Steem hard-forked to generate Hive blockchain on 20th March’20. The community split also happened but conflicts remained intact between the two communities. Steem...

Steemit Vs. Publish0x - My honest review

12 Jan 2020 6 minute read 37 comments paragism

Steemit was launched in 2016. It was the first application built on the Steem blockchain. Steemit is the first decentralized social media or publishing platform in the history. It has Delegated Proof of Stake (DPoS) mechanism which protects the block...

Cryptocurrency Updates - 14/06/2020

14 Jun 2020 1 minute read 0 comments Gamer Boy1110

Binance Will open New Trading pairs of BUSD and USDT Binance will open following trading pairs of BUSD and USTD from 16/06/2020  KNC/USDT, KNC/BUSD, REP/USDT, REP/BUSD, LRC/USDT  LRC/BUSD        Verge Currency is Partner up with Mobiepay Verge Annou...