Steem is a first mover blockchain with first mover applications gaining fast adoption.Its fundamental characteristics supporting censorship-resistant freedom of speech, and incentives based on quality of content globally.Big names in social media are already present on applications like Steemit and D.tube and it seems that organic growth will be accelerate from here.It's development plans shout innovation and if it's a community steam follow righteous path, Steem has a bright future.
Steem is also a community that runs social blockchain that allows distributed apps (DAPP) based on social networking, blogging, video sharing and messaging to get through it. This is a content management system and cryptocurrency merged into a single blockchain and that provides some unique characters. Two unique selling points on other platforms like Twitter, Facebook, Reddit and Medium are: 1. All user data is uploaded to and stored in a decentralized (blockchain) repository and thus immune to censorship and manipulation, forever. 2. Content writers, content curators, and platform administrators (witnesses) are all paid for their efforts
The value of immutability in social networks is subjective for the user but at a time when political correctness, alignment and censorship increases, it appears that more and more users place a higher value on these fundamental attributes. The idea of a repository of ideas accessible to everyone, offering incentives and which can not be controlled, gets support. Also, unlike most cryptocurrencies that are hard to access by most of the world without money to invest, Steem eliminates friction for the average person to join the world of cryptocurrency by allowing earnings through posts without the need to buy first..
