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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.
11 Feb 2020 1 minute read 3 comments Scott Cunningham
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
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
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
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
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...
9 Feb 2020 1 minute read 1 comment mawit07
Have you ever had a Splinterlands battle that once you saw the formations you felt you were going to lose, but came out victorious? I just basically had one of those. A battle where I used a level 4 Gelantinous Cube and my opponent had a level 3 Lord...
9 Feb 2020 1 minute read 2 comments Juan Molina
02/08/2020 - Steemit again began paying rewards with SBD. The SBD has been constantly above the price of STEEM for months, for this reason it has not been printed as if it were linked to $ 1. This means that market capitalization has grown more slow...
8 Feb 2020 2 minute read 3 comments egamersio
Today we announced the winners of our latest Splinterlands Giveaway, we are about to send the prizes to the winners and it’s the perfect opportunity to write a guide on how to send your Splinterlands packs & cards to a friend, or another account of y...
8 Feb 2020 4 minute read 0 comments TaskMaster
There is a project that is developing that I feel everyone should be aware of. This is one of those projects that I feel is going to help take Steem to new heights. As I learn more about it, I am really excited about the potential for, not only this...
5 Feb 2020 1 minute read 1 comment AtomCollector
$1000 STEEM Prizes Find out more @MusicVoter2 Account Reaches 24,040 SP As we continue to power up all earnings our @MusicVoter and @MusicVoter2 accounts keep on growing. And now that the STEEM price seems to be following Bitcoin on it's way into wh...
