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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.
3 Feb 2020 4 minute read 2 comments acesontop $0.06
I was born in a small town in the South West of Romania, and fifteen meters straight away from my house door we have the big old Danube. You can literally get out out of the house and in thirty seconds be in the water swimming. You can do that, not m...
2 Feb 2020 5 minute read 1 comment nachomolina $0.03
src Steemit.com It is a platform that rewards the creators of quality content with tokens. The use of STEEM and SBD within the platform is the way to maintain Steemit's economy and through it contribute greatly to the sustainability of Ste...
2 Feb 2020 1 minute read 0 comments Solominer $0.01
This is the most ive bought at once, and getting an extra ten packs for free was nice. Got myself some epic, gold and legendary cards, and many extras that I combined to level up my monsters. I did not use any potions, just bought the packs for about...
1 Feb 2020 1 minute read 3 comments AtomCollector $0.10
Yesterday I announced an exciting new contest where 10 people have the chance to win $100 each! I am excited to say that the first three January cards have already been sold and the fourth is now on the market. Please read yesterday's post for full...
31 Jan 2020 1 minute read 0 comments chimzycash $0.01
The New Reviewhunt platform is here with some cool features and stunning interface and amazing user experience. I really like the new look of the platform, very modern, clean and easy to navigate and use. The Reviewhunt team has done an incredible jo...
31 Jan 2020 1 minute read 1 comment niallon11 $0.17
Firstly it's great to see a new game starting on STEEM and one which is quick and simple to get started with. I signed up in beta stage a while back but had forgotten about it until this week as the game went live to everybody. The game is Holyb...
30 Jan 2020 1 minute read 0 comments mawit07 $0.04
This week Splinterland's share your battle post is on the rare reward card Silvershield Assassin. I have mostly considered life splinter as more of a defensive splinter compared to the others but since Silver Assassin had been introduced I have tried...
29 Jan 2020 4 minute read 0 comments acesontop $0.02
HF22 came out for a certain category of Steem users as a long-awaited and quite necessary upgrade, and for others it was a real "Steem Coronavirus", which put them to the ground. Those in the first category were delighted to find, after this upgrade,...
29 Jan 2020 1 minute read 2 comments Juan Molina $0.08
We should evaluate STEEM's position in the markets and also the fact that the number of Dapps has increased, as a determining factor in the behavior and strengthening of the currency. Recently I had the reflection that Steem Blockchain has everything...
29 Jan 2020 3 minute read 1 comment mawit07 $0.18
I had a post last month comparing the games that are on Steem blockchain but did not discuss a detail comparison of each of the games compared to Splinterlands. This post I will look in dept at the current competition and why I think Splinterlands is...
