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.


Steemit & Justin Sun - Detailed Timeline [FULL STORY]

4 Jun 2020 7 minute read 11 comments Li_KungFu

If you haven't followed the STEEM vs HIVE drama then you are in for a great series of events here! It began when Justin Sun announced an acquisition but this turned out to be one of the biggest stress tests for a decentralized community - eventually...

When you have your Steem and HIVE tokens but can’t still convert it to money - SUCKS!!

29 May 2020 6 minute read 0 comments Greenchic

  My Steem could not be liquidated for kitten Crypta’s expenses Crypta and White Cat Mochu in the photo As things were busy at my end in getting kitten Crypta more ready to be adopted, I encountered hurdles for money): . I needed money for kitty’s...

Trumpman's Treasury #2 - Silver ShitCoin, 1oz 0.999 (For Sale!)

27 May 2020 1 minute read 0 comments trumpman

With the new shitty Steem Hardfork about to roll, I figured this is a good chance to share another piece from my small treasury. Thankfully, Justin will need more than a hardfork to steal this one, LOL. I got this one about 2 years ago from a steem...

How to easily get an Steemit Account and Sign In on Appics App

25 May 2020 1 minute read 0 comments TikBorz2020

Hello Everyone and God Bless!!!  This blog is a step by step tutorial on how to easily get an Steemit Account and Sign in  on Appics App.  Short Description of Steemit.  "If we talk about Steemit, Steemit is both a Blogging Platform and a Social Newo...

🗞 Daily Crypto News, May, 21st 💰

21 May 2020 4 minute read 0 comments Crypto_Lemon

Bitcoin Price Drops 5% After Rejecting at Key $9,900 Resistance 50 BTC Just Moved for First Time Since 2009 – But It Doesn’t Look Like Satoshi Steem Hard Fork Confiscates $6.3M, Community Immediately Takes It Back Bitcoin Use on Darknet Markets Jump...

Justin Sun Claims HIVE Witnesses Have Stolen Millions of Dollars From Steemit Inc.

21 May 2020 1 minute read 3 comments xqanxxx

Ever since Justin Sun acquired Steemit Inc., many Steemit stakeholders and the crypto community have criticized him for some of his actions. The most talked-about incident was the hostile take over of the Steem blockchain platform in February 2020....

New STEEM blockchain owner might be exitscamming in a month

21 May 2020 1 minute read 1 comment felipejoys

Huge STEEM red flag I am a hive / steem user. If you hold any steem, you should be aware of how Justin ilegally took over the steem blockchain. If you are not aware of the drama and events, this medium article by Shadows Pub might help you. Contin...

10 Reasons For The Great Minds Migration to Minds.com

21 May 2020 1 minute read 0 comments IRUUR1

Looking for a Facebook alternative. Minds.com is similar but without all the thought police.  People are looking to each other and away from MSM both in news and social media. People want honestly shared information and results based on real reportin...

A day in crypto: Theta mainnet launch, steem money heist and Satoshi…

20 May 2020 4 minute read 5 comments Dzoelx

Alright guys, I guess we moved too fast to the end of today, was a long day to be honest, should be one of the longest ever in the cryptosphere, I think we had a 72 hours day, for real it should be more. Counting my days in the cryptosphere, tod...

Finally Seeing The Light Of Day - Blockchain Coffee “Protest”

20 May 2020 2 minute read 0 comments d00k13

We complained, bitched, moaned, and cried till action was taken but did we every really think through the potential results of our protest? So many people seem surprised by what is now happening with the STEEM and HIVE blockchains after many of us h...