A decentralized social network on blokcheyne made the first payment for the benefit of content creators and curators. The amount paid is equivalent to 10% of market capitalization Steem.

The long-awaited day has arrived. The first users Steemit, rapidly growing social media platform, based on the block chain technology for the first time received the award for his contribution to the community. The payment of $ 1.3 million was dedicated to the Independence Day in the United States, celebrated on July 4th.

"It was an opportunity for us to thank our growing community and to reward them for the construction of a sustainable ecosystem that is something far greater than just the sum of its parts", - quotes the executive director Steemit Ned Scott in a press release.

The payment was made in equal parts to Steem dollars cryptocurrency own platform, the value of which is approximately equal to one US dollar, and the Power Steem, increasing the weight of the user voice in voting on the platform.

According to the Steemit management, the number of online registered users has doubled in June, after the unprecedented growth of 1600% a month earlier. platfoma Developers plan to soon launch a number of new features, such as the button to insert the code from the site to third-party resources, which allows to distribute content online. During the year Steemit should also be run sidechain-ins that will create a decentralized application store "similar to those that have Facebook or Google, but based on a decentralized, provably fair technologies and new business models."

Steem - a social network blokcheyne, reward for publication, as stated in the manifesto, published in March 2016. It pays special attention to freedom of expression, the elimination of advertising on social networks, and reward users who create quality content, or act as curators. The beta version Steemit.com was launched in May 2016, and the platform's official launch will be held in July. He will be accompanied by active promotion of platform services, bonuses for registration and start of the referral program.