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.


I Read The STEEM Whitepaper. Here's What I Discovered.

3 days ago 6 minute read SkinnerCrypto

Ah, Steem. More Specifically, Steemit. I have heard of it on and off again as I've made my way through CryptoLand, but I never actually gave it much thought. There's a lot of buzz on it, and I try to avoid the buzz as much as possible. Just another s...

The Migration of Steem is Just a Tiny Reflection of the Crypto Reality

4 days ago 2 minute read acesontop

The new CEO of Steemit, you know who he is and I won't mention him thousands of time, has twitted a few hours ago about the clear intentions of migrating Steem to Tron, so if any of you is still in doubt about this future reality, you should think ag...

Steemit is sold to Justin Sun!

6 days ago 2 minute read paragism

Cover Image Source - Digitally made by the Author There was a strong rumor since a few months that Chinese entrepreneur and Tron founder Justin Sun would take over Steemit. Crypto world has seen numerous such rumors earlier. Maximum people might have...

Interviewing Zac Nien From Contentos

1 week ago 1 minute read Scott Cunningham

COS.TV is a content ecosystem based on Contentos. You can watch your favorite videos here, join this community with your friends, share content, and get COS reward. These are some of the questions we went over: •             Can you tell us a little...

AtomCollectorRecords.com Pays You To Listen To Independent Music

5 days ago 1 minute read AtomCollector

AtomCollectorRecords.com was developed to help independent musicians get their music heard.After finding out about STEEM we were able to add the ability for music fans and musicians to earn crypto currency LISTENING to music too. The most important...

Creator Corner With Kenn Bosak

23 hours ago 1 minute read Scott Cunningham

I recently sat down for an hour to talk with Kenn Bosak who is another popular crypto content creator. We discuss the Steemit acquisition, Steem dapps, LBRY, Flote, SoMee, EOS, Publish0x, Uptrennd, Bravocoin, censorship, NFTs, and what will happen to...

Valentine Breaking News: Steemit 💕 TRON = Time To Invest In Tron (TRX)?

6 days ago 1 minute read tomoyan

The largest blockchain-based social network is sold and joining TRON. Steemit Joining Tron Ecosystem I am not exactly sure what is going to happen for existing steemians and STEEM tokens. But STEEM and TRX are both going up after the announcement. I...

STEEMIT Adventures Episode 1: The Onboarding

2 days ago 3 minute read SkinnerCrypto

This series of posts is gonna be a bit different from my other posts, because you're walking with me as I do this. Literally. Most of this writing is being done around the time I undertake this adventure. You're reading the field notes. You're seeing...

So you've just hear about STEEM. What the fuck is STEEM?

3 days ago 6 minute read niallon11

A lot of people might have come across a lot of news about our little corner of the blockchain world lately since the purchase of Steemit.inc by tech celebrity Justin Sun. While there are lots of tweets and articles about what is happening and when,...

Why I (almost) left Steemit for Publish0x

4 days ago 1 minute read Seb Crypto

I joined Steemit in February 2018. The platform seemed promising to me, and it was, it really was. But I soon realized that there were some flaws that nothing could erase. In the last two years, I have posted on Steemit more than two hundred articles...