So what precisely is Steemit?

A blog/news entryway like medium? A socialmedia contrasting option to Facebook? An online discussion like reddit? An individual blog like Tumblr? Perhaps everything in one?
To be straightforward - I don't have the appropriate response.
The reason I pose this inquiry is on the grounds that: contingent upon the classification steemit falls into - the diverse my desires of substance is.
When I go on Facebook - I hope to discover refreshes from my loved ones. I hope to discover updates and news from groups and gatherings I joined and shared substance that is tweaked for my advantage.
When I go to Medium - my desires are for first class top notch articles. I visit medium to build my insight or to discover respond in due order regarding questions I have in my brain. I additionally know not all articles are incredible but rather like reddit - there are sub-mediums custom-made to particular specialties and sorts. So the shot is enormous to discover what I am really searching for. All the more frequently at that point not I visit medium through a google hunt and this causes me to get particularly the substance I'm searching for.
When I go to Tumblr - I expect an individual blog with low quality substance. I hope to discover content that 1.) has been shared a ton or 2.) that is exceptionally individual and particular to the client or 3.) explicit stuff (there is a LOT of that on there).
When I go to reddit - I hope to discover great substance blended with low quality however above all I hope to discover the most up to date content from various sources. Furthermore, content is made from clients to express their own outlooks.
In continue - each one of those 4 above have a few things in like manner however emerge for various substance sorts.