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.


👊 Steem: The Honey Badger of Communities

11 Mar 2020 1 minute read 0 comments resiliencia

Hello! I have been quiet for a week since the #steemhostiletakeover started. I followed closely the response of the community and I feel really proud of what we did together. I was following everything that was happening on the blockchain and also th...

Working in retail during the corona panic.

11 Mar 2020 2 minute read 2 comments niallon11

Panic, just sheer panic everywhere. That's the reality of working retail right now. Regardless of the fact that we only have 24 confirmed cases in the whole country. As of just now we have one virus related death for a person with underlying health...

Latest news about Steeem

11 Mar 2020 1 minute read 0 comments ilnegro

Every day there is news on the Steem both from the point of view of quotations and negotiations and from that of the struggle between Justin Sun / Tron and the Steem community. Yesterday Binance published a letter to the Steem community where the int...

I Just Read Binance's Steem Backpedal Blogpost. Here's What I Think About It.

11 Mar 2020 4 minute read 8 comments SkinnerCrypto

So, about a decade ago, a dream was born from the mind(s) of an Individual(s); HEY! Let's have ourselves a super kick-ass Electronic Cash System that can't be controlled by monolithic central banks or other centralized entities! And the dream came tr...

thatkidsblack and here to stay.

10 Mar 2020 1 minute read 2 comments thatkidsblack

The black kid on the block is none other than yours truly. Seven years into photography and finally the chance to share my work for reward is here. I remember so many nights uploading work I risked life and limb for, only to receive a lot of likes an...

Steem Community entering a truce with Justin Sun and Binance’s CZ?

10 Mar 2020 4 minute read 2 comments Greenchic

  I got Badge of honour for voting 30 witnesses for Steem Blockchain. Oh, feel so honoured like been knighted or something...ha!!   Looks like the climate is become pleasant for a Truce for now?? Yesterday, I spent time trying to see if there is an...

What happens to Steem?

10 Mar 2020 1 minute read 0 comments ilnegro

  In all likelihood, the Steem price flies to the stars because the three exchanges that, very carelessly, have staked the liquid Steem of their users, are now forced to buy Steem on the market, that is, in the other exchanges, to meet the requests...

How to earn Crypto - Part 2 - Content Creation Platforms - Earn from Writing

10 Mar 2020 6 minute read 8 comments 0xJonnyDee

Since I have been working in the cryptocurrency for over 3 years, I am used to getting the same question thrown at me week upon week to anyone who isn't clued up on the cryptocurrency world - Should I invest my money into cryptocurrencies?  My repl...

4 Crypto Projects to Bounce Back After Corona Crash

10 Mar 2020 4 minute read 3 comments Adamic0

The last few days have been a bit of a bloodbath for the market. Not just the crypto market, but every other asset class with the exception of gold. Indices have taken a HUGE beating, the oil price war has sent sudden shock waves through the economy...

UFM Lotto - Day 2 - Steem Tribe

10 Mar 2020 1 minute read 0 comments skylinebuds

  What is happen steemians? Have you went and checked out the UFM Tribe post that is part of the Steem Tribes Group of post I am working on. In that post, I talk about the UFM lotto. In the first post on 10 Tickets for 10 Days, I was able to get 3...