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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.
16 Jan 2020 1 minute read 0 comments skylinebuds
In the second part of my multi-part series about weedcash and steem I go into details about the importance of saving your keys in multiple locations. I also go on to show you how to download and store the PDF file and keys that you will get from logg...
16 Jan 2020 2 minute read 0 comments niallon11
It's been a while since I was posting about splinterlands but with the game going from strength to strength over the past year I am still as excited about it as the day I played my first tournament. Back when they were still manually organised with a...
16 Jan 2020 1 minute read 0 comments mawit07
So much is happening with Splinterlands it seems like this dapp will soon explode in popularity. This post is to recap what happened and is happening currently on Splinterlands. So much updates and news that I thought I would do a quick summary here....
15 Jan 2020 3 minute read 0 comments TaskMaster
There is a lot of activity taking place in terms of what is happening with Steem. For those who are unaware, NFTs (non-fungible tokens) are finally here. This is something that @aggroed has discussed for the last few months. Yesterday, the software w...
15 Jan 2020 13 minute read 0 comments milaan
The decentralized economy has been establishing itself slowly with the growing crypto ecosystem. The blockchain is the foundation to realize a decentralized economy, where the role of a traditional centralized bank is nullified. The monopoly of loa...
15 Jan 2020 2 minute read 0 comments nachomolina
Image owned by @nachomolina How has Steemit impacted my life? "I think it's easy for me to remember how Steem impacted my life and my habits, in front of the computer, during the last year and 10 months. It is an experience that I have marked...
15 Jan 2020 1 minute read 4 comments Offgrid
So I have done a lot of experiments with my Publish0X Ambassador Link placement and learned that I get the most referrals from sharing my link on Twitter and Steemit ... On Twitter I usually post the following Tweet: Get Paid for Blogging on Pub...
13 Jan 2020 4 minute read 0 comments TaskMaster
Splinterlands continues to be the groundbreaking project on Steem. The team there is moving quickly to expand the reach. Already the leading application on Steem based upon the number of users, it now is trying its hand at the Ethereum blockchain. Wh...
12 Jan 2020 1 minute read 0 comments niallon11
I used to post consistently about my reward cards, quests and league progress after every season. It was interesting to keep track of all the cards that were added to my collection as well as the value of them and how much you could earn playing the...
12 Jan 2020 1 minute read 0 comments Ajay Sharma
Good Morning, Good Evening, Good Afternoon depending on where you are in this world I'm @ajks with today's blog If you want to invest then their is nothing better then steem blockchain. With steem and project developed on it you can maximize your pro...
