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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.
6 Jan 2020 1 minute read 3 comments belemo
I was having a conversation with @trumpman on one of his beautifully crafted shitposts about his favourite chess openings and it reminded me of an idea that has been brewing in my mind for all these years. How cool would it be if there was an interac...
5 Jan 2020 5 minute read 2 comments mawit07
Many of my readers know by now that I am a big fan of Splinterlands, which was originally called Steemmonsters. What people should know is that Splinterland must be played on the Steem blockchain. This means they need a steem account. The steem ec...
5 Jan 2020 3 minute read 0 comments Ajay Sharma
Good Morning,Good Evening, Good Afternoon depending on where are you in this world this is @ajks with today's blog. I hope all of you are doing good and all of you are fine. It is great to be with all of you here. Today I'm going to review a social D...
5 Jan 2020 3 minute read 3 comments niallon11
source: I was given a book to read lately that had a lot of interesting concepts in it. Some of which really relate to the work that we are doing on STEEM right now. I found some of these concepts very interesting and wanted to break down a few of t...
5 Jan 2020 1 minute read 2 comments belemo
Earlier today while I was sitting on the shitter, the place where most great ideas are born, the question on the title popped into my head. The question came due to the fact that I have been blogging my ass off for a couple of months to buy a new pho...
4 Jan 2020 1 minute read 7 comments mawit07
I been watching splinterlands markets lately, but just recently noticed that sometimes investing in a gold foil is cheaper than leveling up a regular version. Although present upfront cost maybe lower with gold foil down the road leveling up will...
3 Jan 2020 4 minute read 0 comments mawit07
In this post we will look into the type of cards players can use when in battle. In no particular order the breakdown starts with (6) splinters and neutral splinter. Second is the edition of the card. Then there are (2) category types to use in eve...
3 Jan 2020 1 minute read 0 comments skylinebuds
This will be the second-week update on the 2 macro autos I have been growing. These have been growing in my homemade macro cooler grow that is equipped with a push-pull fan set up with a 120mm pushing air in and a 120mm pulling air out the top. This...
3 Jan 2020 2 minute read 1 comment mawit07
Today let us look at an example of the battle rule earthquake and using the monster's ability "flying" in a splinterlands battle. There are certain abilities that benefits significantly when used under battles with specific rules. In today's post we...
3 Jan 2020 1 minute read 11 comments Scott Cunningham
Hey! Anyone who is following me currently on Contentos will get a free gifting vote within the next 2 hours that the platform has offered to give to my followers for free. They will do events like this again in the future so get ahead and follow me t...
