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.


Market Today

20 Aug 2019 1 minute read gduran $0.01 tipped

The trend for Bitcoin has been slowly upward as you can see on the chart (taken from https://coinmarketcap.com/), most alt coins are slightly down in the last 24 hours, this includes Steem which is trading right now at about $0.175 as has been normal...

Twilight

16 Aug 2019 2 minute read Leonis $0.10 tipped

I'm not gonna lie, even trying to post every other day is hard on this platform. I do enjoy reading other stuff I see around here, so that's a plus. It is a bit surprising to see how there are still people active around here. The sun is setting may...

How Delegated Proof of Stake Works:Complete Begginers Guide.

16 Aug 2019 5 minute read alberdioni8406 $0.16 tipped

  DPoS uses delegated stakeholders to validate the Blockchain and  resolve consensus issues in a democratically designed model. In DPoS any stakeholder, even those with the smallest amount of tokens, are able to cast a vote in an election process tha...

Tunes - A Tribe for musicians and all music lovers

14 Aug 2019 1 minute read PH-X $0.45 tipped

Hello, everyone already heard the good news? Tunes - A Tribe for musicians and all music lovers I want to present a new tribe called Tunes, for me one of the best and supportive tribes until now.For all musicians and music lovers, you have a place o...

Why Publish0x will be much bigger than Steemit ....

12 Aug 2019 1 minute read offgrid $0.33 tipped

Publish0x will grow much faster than Steemit since it has the Ambassador / referral program. Patience and tenacity is key ...... persistence, pertinacity, determination, perseverance, doggedness, tenaciousness, single-mindedness, strength of will, fi...

SNAX integrating the STEEM blockchain on May 14th

11 Aug 2019 2 minute read niallon11 $0.08 tipped

SNAX Blockchain This is an interesting project that came to my attention a few months ago and I signed up to it when I got the chance. What is Snax: Snax is a blockchain which rewards people for the content they create on public social media and pro...

Possible Alliance Between BRAVE and STEEM.

9 Aug 2019 1 minute read Juan Molina $0.09 tipped

  I recently accessed my Steemit blog using Brave Browser and noticed that the verified author symbol appeared , this is something that caught my attention since it was very recent since my attention since I had not noticed. Clicking this icon  ne...

Better Day

8 Aug 2019 1 minute read Darren Claxton $0.15 tipped

Steemit Open Mic week 149 - Better Day - Original Song by Darren Claxton Here's a brand new song for this week's Open Mic Gathering.There is a studio version that we created which will be released soon, David has uploaded it to his page here...

So Far So Good With TULIP Token

8 Aug 2019 1 minute read fredkese $0.03 tipped

I made a post about 9 hours ago about a contest I'm organising to promote ***TULIP***.**TULIP** is going to be an auction and trading game which is going to be organised by @busbecq. It starts soon and I've already distributed some tokens to all who...

Steem-Engine: The New DeFi?

8 Aug 2019 1 minute read Juan Molina $0.15 tipped

Recently I was reading about the initiative that operates on the Ethereum Blockchain called “DeFi” (Decentralized Digital Finance). DeFi includes a set of services and financial products designed on open source protocols or on the public blockchain o...