What is steemit ?
*Steemit is a blogging and social networking website on top of the Steem blockchin database. The Steem blockchain produces Steem and Steem Dollars which are tradeable tokens users obtain for posting, discovering, and commenting on interesting content.
What type Company is steemit and where it located?
*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.
- When steemit launch?
*On July, 4th, 2016, Steemit, Inc officially launched Steemit, a social media with virtual currency rewards that runs over the Steem blockchain.
- How To Take Advantage Of The Steem Dollars (SBD)?
- Between November 20 and December 8, 2017, the price of Steem Dollars (SBD) rose from around $0.96 a piece to $7.36. That’s a close to 670% increase in what essentially amounts to a couple of weeks.
Here at Global Coin Report we’ve taken a look at many of these sorts of moves over the past few months and, as part of our coverage, have outlined what we deem as being the driver behind the action we have seen and, in turn, what we expect to come next from the tokens that are moving.
This time around, however, things are a little bit different.
Before we explain why it’s worth noting exactly what SBD is and how it relates to the platform Steemit and the cryptocurrency Steem (STEEM)
As many reading will likely already be aware, Steemit is a sort of social media, content curation type platform over which content creators get paid for the content they create. This payment is made in STEEM and SBD is a sort of sister currency to STEEM that’s designed to track the US dollar and offer a quick and easy way of figuring out exactly how much each Steemit user is getting paid for the content they create.
As such, inherently, SBD should always trade in and around the one-dollar mark. Take a look at action over the last three months, as illustrated on the chart below, and this becomes appare.
5)What is the Easiest Way to Earn STEEM Dollars and STEEM Power on?
- Steem power – Also known as SP in short, is basically a token symbolizing how much influence you have inside the Steemit platform. If you have a lot of SP your upvotes will count more and will award different authors SP and Steem dollars as well. Powering up – means getting more SP either by upvotes or by buying it via Steem.
- How Long Time Needed to Approve a steemit Account?
- You have been approved'. I had many thoughts about this system not being real, or all the false hope. One thing i can say is, Steemit does not have an exact time as to when you will be approved, some being within hours and some within weeks but, you will get approved. The best thing to do is register, and check your email.
#upvote #follow #resteemed #reply
Thanks