STEEMIT AND IT'S BENEFITS
For weeks now my friends and colleagues has been asking me what's my reason for being online often. And why those smiles on my face each day. So today, am going to be talking about steemit and its benefit to the youths of our generation.
What is Steemit.com?
Steemit is a social network and content rewards platform that makes the crowd the beneficiaries of the attention economy. It does this by rewarding users with STEEM.
What is STEEM?
STEEM is primarily used on the steemit platform
This is a decentralized cryptocurrency that runs on the Steem blockchain, which powers the Steemit social media and blogging platform. The digital currency STEEM is not mineable like bitcoin or ether. Instead, the Steem blockchain allocates the majority of newly produces STEEM tokens into a reward fund, which is used to pay Steemit users for contributing to the platform. Additionally, Steem – like most cryptocurrencies – can also be used to make digital peer-to-peer payments.
That means every moment you invest on the steemit block, it counts.
Steemit has redefined social media by building a living, breathing, and growing social economy; a community where users are getting rewarded for sharing their voice
How does Steemit differ from other social media websites?
Most social media sites extract value from their userbase for the benefit of shareholders alone. Steemit is different, it's a new kind of attention economy. By connecting with the Steem blockchain (which is decentralized and controlled by the crowd), Steemit users receive all the benefits and rewards for their attention.
How steemit has helped the young youths and generation
Steemit started over two years ago, and within this period several youths has been impacted through this medium. Some youths have started up businesses and also has helped their family and community with the reward they get from steemit. Steemit has helped reduced unemployment to a great extent. And this medium has helped us do more research. Knowing that we are used to copying and pasting of other people's work, but here in this forum, originality is the WATCHWORD.
Indeed steemit is a sure banker!!!
Steemit! Raising up youths to explore the world.