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.


FYI: Blurt up, Most others down...

12 Aug 2024 1 minute read 0 comments JaiChai

Just did a quick coinmarketcap.com check on some blog-for-crypto site's tokens. HIVE, DESO, STEEM token prices are down, in the red (price drop in last 24 hours). Blurt is up 4.31%, in the green (price appreciation in last 24 hours). Imagine that? M...

My Morning Walk with Actifit Walk2Earn Concept

22 Mar 2023 1 minute read 2 comments BlueFlipper

Hello to all the beautiful Publish0x Family! How are you? Before I start my today article, I want to explain about actifit and how is it possible to earn during morning or evening walk? What is Actifit? It is biggest project to support Author's Conte...

My End of Season Rewards

17 Nov 2021 1 minute read 0 comments Jmehta87

Hello Everybody, At the season end of the Splinterland game, I got 5 lot chest as my league is bronze 3. I got 1 card as a reward along with some credits and Alchemy Potion. Pelacor Mercinary is worth around $0.20.

FAKE AIRDROP - SCAM ALERT - @contestbuddy

8 Mar 2021 1 minute read 0 comments Juan Molina

  Greetings, dear community partners.Please pay close attention to this information: Currently, a scam model is being developed on Steemit and Hive where a fake AIRDROP of 400 STEEMS is promoted. You will receive an invitation to claim that ai...

DWD, Drugwars dollars up 350% on Steem-Engine.com

25 Sep 2020 1 minute read 0 comments Offgrid

Do you have a few Million DWD, Drugwars Dollars over on Drugwars.io ? It popped 350 % today so you may have a few thousand dollars over there collecting dust. Steem-Engine : https://steem-engine.com/?p=market&t=DWD Go see ... https://drugwars.io/

TRON ( TRX) up over 300 % in March

18 Sep 2020 1 minute read 0 comments Offgrid

If you cashed out all your Steem and bought TRON in March you are up over 300 %  Not a Bad Return.  I just hope you didn’t put your Steem into Hive.... that’s down 90 % since April. Ouch. TRON Chart:  if you sold at .048 then you are up a lot more ...

CO2Fund Resources & COCO Coverage (CW33/2020)

13 Aug 2020 1 minute read 0 comments CO2Fund

https://hive.blog/life/@co2fund/co2fund-resources-and-coco-coverage-cw33-2020 Donations to CO2Fund’s tweets are fully used to buy CO2 Compensation Coins (COCO) on the exchange Steem-Engine (https://steem-engine.com/?p=market&t=COCO) and are transferr...

COCO - emitted to fight emission

13 Aug 2020 1 minute read 0 comments CO2Fund

https://hive.blog/life/@retinox/coco-emitted-to-fight-emission-qeueqw Donations to CO2Fund’s tweets are fully used to buy CO2 Compensation Coins (COCO) on the exchange Steem-Engine (https://steem-engine.com/?p=market&t=COCO) and are transferred to CO...

CO2Fund Safety: COCO now stakeable

8 Aug 2020 1 minute read 0 comments CO2Fund

https://peakd.com/life/@co2fund/co2fund-safety-coco-now-stakeable Donations to CO2Fund’s tweets are fully used to buy CO2 Compensation Coins (COCO) on the exchange Steem-Engine (https://steem-engine.com/?p=market&t=COCO) and are transferred to CO2Fun...