Steem (STEEM)

1,057 Articles 35 Followers

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.


MADELEINE HOTEL, writing by @nachomolina | Original Story | Suspense

17 Dec 2019 5 minute read 0 comments nachomolina

MADELEINE HOTEL "The suspense and uncertainty hide inside this strange place. The crisscrossed lives of the characters will change dramatically, for better or worse, they will seek the answer behind the walls of the MADELEINE HOTEL"  src From a d...

Canvas and Pastel [Poem], written by @nachomolina

16 Dec 2019 1 minute read 0 comments nachomolina

Canvas and Pastel   Orinoco nodriza,suspended in thesunset fire Effigy, oil uniformviolet to the wind,orchid, among streams It was a whirlwind of colors,the mind of the creatorsurreal, ambiguous... Like the canvaswhite, behind you,first muse inspira...

HEART [Poem], writing by @nachomolina

15 Dec 2019 1 minute read 0 comments nachomolina

    source     HEART   Owner of my days,Countdown... exciting Tic, Tac,all add up, nobody would subtract A grain falls, fills the void, empty remains,what filled was at the beginning... Like an hourglass,mark the compassof the melody I will wr...

"My 2019": Achievements and Failures - "The Good and the Bad"

15 Dec 2019 6 minute read 0 comments nachomolina

    src   My 2019: "The Good and the Bad"   The journey through the life of @nachomolina begins. Surviving 2019, from somewhere in Latin America. Destined to live day to day, as if it were the last. You have to start from scratch, when you li...

Can A Blockchain Really Have "Intrinsic Value"?

12 Dec 2019 3 minute read 15 comments The0xFactor

This post is in reply to the post: https://www.publish0x.com/crypto-concord/intrinsic-value-steem-xxlrkw Can a blockchain have intrinsic value? Yes. Does Steem have intrinsic value? Yes. I can agree that Steem has intrinsic value. Indeed, I would arg...

Is STEEM A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

12 Dec 2019 8 minute read 11 comments CryptoBoomer

While there are a lot of different blockchain startups that promise to solve different things, but unfortunately, there does not seem to be many projects that try to solve the social media issues.  Yes, I’m talking about the problem with censorship....

Following Through Because I Would Hate To Make Myself A Liar - Daily D00k13

12 Dec 2019 1 minute read 2 comments d00k13

  What up my Peeps, welcome to the Daily @D00k13 for 12/05/2019 - 12/10/2019✌ Here we are again with an update of my daily activities. It has been good week though not being straight forward as I would like ending with me spending an entire day...

A Soldiers Journal (page 5)

12 Dec 2019 2 minute read 0 comments RECKLESSJAMES

A Soldiers Journal (page 5) My Most boring day I encounter was after arriving in Brisbane. I would be leaving HMAS Barcoo and in no time would be barking on my new adventure at the Flinders naval depot at crib point Melbourne. Hear I would carry out...

Steem blockchain with Convergent linear reward curve is encouraging for quality bloggers post HF21.

11 Dec 2019 3 minute read 2 comments milaan

Evolution of reward curve in Steem blockchain In Steem blockchain, when it started back in 2016, the reward curve was quadratic, later it was changed to linear in the year 2017. Both types of reward curves have their advantages and disadvantages. Wit...

Rumors are Justin Sun and Tron are buying Steemit (s) INC

10 Dec 2019 1 minute read 5 comments trumpman

Big if true: https://globalcoinresearch.com/2019/12/09/breaking-justin-sun-and-tron-to-acquire-steemit/ Dunno about you but I bought some steem just in case it turns out to be true. If yes, Ill sell them in the next spike. If not, oh well, I will pr...