STEEM - News, Opinion & Analysis

Steem (STEEM)

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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.

Binance Lists Steem Hardforked HIVE

28 Apr 2020 1 minute read 1 comment Abhi K

On April 27, Binance announced that it had listed STEEM hard forked token HIVE on its platform. Deposits and withdrawals for the token will be made available on April 29, and can already be traded against Bitcoin (BTC), Tether (USDT) and Binance Coin...

HIVE coins is pumping like nothing left to buy in the market🚀🚀🚀

26 Apr 2020 1 minute read 1 comment Kavi

Are you surprised seeing hive is the only coin is performing well with high volume on bittrex, huobi global exchanges and from last 3 days , it keeps pumping , so lets collect some information about hive. It is hard forked of steem blockchain and re...

Steemit To BlockTrades Transaction: My First Payout In 8 Months 🤣

22 Apr 2020 1 minute read 16 comments tomoyan

Few days ago BlockTrades re-enabled STEEM support and I was not sure how long they will keep the STEEM support open so I decided to sell my STEEM for Ether for the first time! BlockTrades re-opens support for selling Steem (e.g. Steem→Hive) My first...

Revolutionizing the Social Media Era: Steemit

21 Apr 2020 15 minute read 7 comments Cryptodeepdive

The research done for writing this article, and the writing of the article itself was during the acquisition of Steemit by Tron. Although it does make the future less secure, meaning that Steemit can both enjoy accelerated growth due to extra funds m...

From Steemit to Publish0x the step is short

21 Apr 2020 2 minute read 1 comment MarioV

Past tests In the past I had tried to use Steemit but the interaction with that tool had not impressed me at all: the operation of the related tokens was not immediately understandable, the editor for writing articles was crude and used the tags as...

Full-time Job on Social Platforms...

21 Apr 2020 1 minute read 4 comments Teodor

For a Full-time Job on Social Platforms You Must Jump on Few of Them! Among the best are: LBRY, Publish0x, Uptrennd, Steemit, Hive, Brave Browser, Flote, SoMee, Minds.  I saw some people declaring on social media platforms they consider making one pl...

Can Blockchain Gaming and NFT's Raise Funds? | Homeless-City Project Update!

21 Apr 2020 1 minute read 2 comments Battlegames

How Far Has The Project Come In It's First 20 Days? April 1st we reported that efforts were underway to raise funds through blockchain game by voluntarily donating game assets [NFT's] to STEEM account @Homeless-City. "The accou...

Earn For Your Daily Activity

19 Apr 2020 1 minute read 1 comment Ronnie10

Hey, This is my second post today. I think I am really missing this community. So, this post as my previous posts. It is short and to the point. 1. What is Actifit? It is a Dapp that works on the Hive & Steemit blockchains. This Dapp is an activity t...

Publish0x Vs Steemit according to My Experience!

19 Apr 2020 1 minute read 14 comments CryptoPk

Hello readers, I decided to write about my experience on Publish0x Vs Steemit First of all, the main difference I've found on Publish0x and Steemit is that Pubilsh0x provides earning as a reader and writer both, while its hard to get some attention o...

My Publish0x vs Steemit experience

18 Apr 2020 2 minute read 23 comments nicklaus

This is going to be a short publication, and I'm going to talk about my experience so far with Publish0x vs. Steemit Steemit I have worked at Steemit for at least two years, and have published everything from contests to breaking news and Crypto Coin...