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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.
12 Feb 2020 1 minute read 3 comments egamersio $0.28
The ALPHA version of the Splinterlands Mobile App is now available to download. After eight months of design and development, the early access is out. Now players can battle from their mobile devices on the go, at any time, in any place. Keep in min...
12 Feb 2020 4 minute read 0 comments acesontop $0.03
Every dip that occurs in the crypto market is eaten alive, literally, and seems that there's no room anymore for going lower. The Bitcoin halving is right around the corner and smart money will profit immensely on that. It's not all about Bitcoin, fo...
11 Feb 2020 4 minute read 0 comments acesontop $0.02
Blockchain technology might have the ability to store value and information for centuries to come in help of the human kind, and who knows how deep will it penetrate into the entangled wires of modern living. We might track pills on the blockchain an...
11 Feb 2020 1 minute read 1 comment AtomCollector $0.02
One of the most important features of any crypto currency is to have reasons to buy and use the token rather than just for speculation. It was important for us to think about this before we even created the ATOM token on Steem-Engine.com so the fi...
11 Feb 2020 1 minute read 3 comments belemo $0.05
Guess who got a starter pack, you guessed it right. I did. I got in the game through an invite code from Kennet Bosak; he’s a crypto influencer with 19.1k followers on Twitter. I responded to one of his tweets about @splinterlands and got a vo...
11 Feb 2020 1 minute read 3 comments Scott Cunningham $1.43
Lea Thompson aka Coruscate aka @GirlGone_Crypto is another awesome content creator who is prominent on Steem. We decided to jump on a video call and talk about Steem, the dapps we like and use, and where we think the market is headed in 2020. Some o...
10 Feb 2020 1 minute read 0 comments cryptomaniacsgr $0.04
Good evening! It's about two weeks since the official launch of the Holybread.io on STEEM Blockchain and everything going smoothly, some minor problems solved very quick and the game looks like running for months.It's also very encouraging to see a n...
10 Feb 2020 1 minute read 2 comments skylinebuds $0.02
In this video update, you can see that the plants have started to show some green again and a lot less yellowing that has gone on the last couple of updates. The PH was around 6.7 after adding the liquid kool bloom. So after adding the small amount o...
9 Feb 2020 6 minute read 0 comments acesontop $0.02
Without beating too much drum on a project that we all know quite well, I will say again that Steem is in my opinion one of the best working projects in the crypto space, one of the most undervalued, but at the same time it needs some more polishing...
9 Feb 2020 1 minute read 2 comments dexpartacus $0.04
A new game on Steemit has just arrived, Holy Bread, simple and intuitive, with essential graphics for a game that is just as linear. Easy and fun, especially its graphics department focused on comedy, as you can already guess from the name of the ga...
