The Truth
What is steemit ?
Steemit Is a blogging and social networking website that uses its steem blockchain-based rewards platform for publishers.
The steem blockchain produces steem and steem dollar which are tradeable tokens obtained for publishing,discovering and commenting on content.
Type of site
Social news community
Website
Www.steemit.com
Launched
March 2016; 2 years ago
Current status
Active
Steemit,Inc. is a privately held company based in New York city and headquartered in Virginia.
The company was founded by Ned Scott, and Dan Larimer,creator of Bitshares, and EOS.
FOR MORE INFO,VISIT :
https://en.m.wikipedia.org/wiki/steemit
https://steemit.io
https://www.coindesk.com/steemit-blockchain-social-media-how-works
Right now you may be asking some questions like:
What is steem ?
What is steem dollars (SBD) ?
How to earn steem ?
These questions leads us to the
The Way
What is steem ?
Steem is a crypto currency used to power the platform steemit. It is a token that can be bought and sold in the open market, base on the blockchain-based platform steemit.
What is a crypto currency ?
A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
Some examples of crypto currencies
- steem
- Bitcoin
- Ripple
- Stellar
- Cardano
- Ethereum
- IOTA
- Dogecoin
- NEO
How to earn Steem ?
steem can be earned by posting, commenting and upvoting good content.
Steem can be bought and sold in the open market, based on the blockchain-based platform steemit.
What is Steem dollar ?
Steem dollar is a token that is meant to be worth about $ 1 USD, making its value much more stable compared to steem.
The Light
Steemit has been built for everyone, to reward everyone for their contributions to online communities, with the goal to empower people across the world.
Social media platforms such as Reddit, Facebook and Twitter have seen user-generated content posted by its members create billions of dollars worth of value for the shareholders of the company.
What makes steemit special ?
Gives everyone opportunity to earn tokens by Upvoting, posting and Organizing content, much like you would like a post on Facebook. This encourages users to participate in the community and reward the best contributions with currency which can be collected in their own personal wallet and exchanged at any point for real world flat currency.
Conclusion
we all use social media but Steem is here with a unique and better way, in which regular people get rewarded for the content the share.
Don't let your energy go unnoticed, Steemit Is perfect for all the aspiring writers among us.
Steem is a forward-thinking blockchain-technology platform, that is making a huge impact and contribution to anyone, anywhere in the world.
@SteemRunner