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.


Why are some people more successful? Part 1.

3 weeks ago 3 minute read niallon11 $0.12 tipped

source: I was given a book to read lately that had a lot of interesting concepts in it. Some of which really relate to the work that we are doing on STEEM right now. I found some of these concepts very interesting and wanted to break down a few of t...

Do you spend Steem offline?

3 weeks ago 1 minute read belemo $0.35 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...

Splinterlands - The Gold Foils Worth the Money?

3 weeks ago 1 minute read mawit07 $2.46 tipped

  I been watching splinterlands markets lately, but just recently noticed that sometimes investing in a gold foil is cheaper than leveling up a regular version. Although present upfront cost maybe lower with gold foil down the road leveling up will...

Splinterlands are trembling... an earthquake is coming!

3 weeks ago 1 minute read dexpartacus $0.13 tipped

The unexpected is always around the corner, especially during the battles between the strongest and most precious monsters on the planet! Among the most feared are the flying ones, which, when the earth trembles come in the game managing to avoid co...

Steemmonsters/Splinterlands- Beginner's Guide Part 2

3 weeks ago 4 minute read mawit07 $0.74 tipped

In this post we will look into the type of cards players can use when in battle. In no particular order the breakdown starts with (6) splinters and neutral splinter.  Second is the edition of the card.  Then there are (2) category types to use in eve...

Macro Growlog Week #2

3 weeks ago 1 minute read skylinebuds $0.02 tipped

This will be the second-week update on the 2 macro autos I have been growing. These have been growing in my homemade macro cooler grow that is equipped with a push-pull fan set up with a 120mm pushing air in and a 120mm pulling air out the top. This...

Splinterlands- Earthquake Battles!

3 weeks ago 2 minute read mawit07 $1.50 tipped

Today let us look at an example of the battle rule earthquake and using the monster's ability "flying" in a splinterlands battle.  There are certain abilities that benefits significantly when used under battles with specific rules. In today's post we...

Want Some Free Steem + Other Crypto?

3 weeks ago 1 minute read Scottcbusiness.eth $4.12 tipped

Hey! Anyone who is following me currently on Contentos will get a free gifting vote within the next 2 hours that the platform has offered to give to my followers for free. They will do events like this again in the future so get ahead and follow me t...

Steem OG - Day 19 Flowering - Grow Diary

3 weeks ago 1 minute read skylinebuds $0.18 tipped

Today is day 19 of flower on the Steem OG, I am loving the progress it has been making so far in flower especially this past week.     I have noticed lately that she has been drinking more and more, That a good sign tho. I have gone ahead and gave h...

What new quantity of the cryptocurrency STEEM is created each day in Steem Blockchain?

3 weeks ago 1 minute read milaan $0.12 tipped

In order to calculate the quantity of STEEM that is being created each day in Steem Blockchain, it is necessary to have the data like inflation, the total virtual supply of STEEM, the number of blocks produced per year, etc. The inflation figure as o...