|Brief||Steem (STEEM) is a social network and a blockchain-based platform incentivizing users for creating and publishing their content. The type of materials may vary (posts, articles, videos and other materials that you publish in the social network).|
|Last updated:||Sunday, September 22, 2019 5:57:02PM UTC|
|Current price, USD:||0.163|
|Current price, BTC:||0.0000163|
|Market capitalization, USD:||56 320 762|
|Available supply:||345 193 397 STEEM|
|Volume 24 hours, USD:||250 807|
General STEEM facts, technical details and general information about Steem crypto currency
Steem (STEEM) is a social network and a blockchain-based platform incentivizing users for creating and publishing their content. The type of materials may vary (posts, articles, videos and other materials that you publish in the social network), and for every action a member will receive a reward.
To start earning money on the Steem social network, you need to register your account on the official website, steemit.com, and begin posting your materials. Steem can also be purchased on such crypto exchanges as Bittrex, Poloniex, HitBTC. In addition to Steem's token, the social network has two more tools: Steem Power and Steem Backed Dollars. Steem Power - this is the so-called indicator of the importance of the user in the network Steem. The more Steem Power you have, the more your voice means for the person you are voting for.
We list daily Steem historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Sep 13||0.157||0.155||0.16||54 597 999|
|Sep 14||0.157||0.157||0.162||55 558 332|
|Sep 15||0.162||0.159||0.162||54 814 748|
|Sep 16||0.160||0.154||0.16||54 038 264|
|Sep 17||0.155||0.153||0.16||54 931 334|
|Sep 18||0.163||0.161||0.169||58 147 500|
|Sep 19||0.172||0.161||0.174||57 407 534|
|Sep 20||0.165||0.164||0.166||56 897 571|
|Sep 21||0.165||0.165||0.167||57 730 498|
|Sep 22||0.166||0.162||0.166||56 320 762|
|STEEM price change 24 hours||-2.08%|
|STEEM price change 7 days||1.96%|
My first acquaintance with cryptocurrencies was thanks to Steem and its social media platform Steemit. That was back when the registration there was free and we were just approaching the crazy winter of 2017. I started out an own blog on that platform and after some time, earned a good amount of Steem Dollars, the Steemit native currency, for just posting interesting content and getting upvotes. Unfortunately, Steemit has been stagnating for a long period of time, which translated to the price of Steem that is currently a mere $0.1 per coin.
I'm unsure about STEEM. It's had a long time to gain traction, not only amongst crypto users but also for writers far and wide. It seems that their platform is stuck in a no-man's land where it's not receiving enough adoption or interest but it's not completely abondoned. STEEM needs some kind of significant catalyst to even make a dent in the market. Their social aspect hasn't been marketed at all, and I don't see why this coin should gain any value if the team isn't busy marketing its platform.
Steem is still one of the most interesting projects in the crypto world. Their platform lets people express themselves while getting paid by everyone that decides to 'like' their content. This is going to go down as a pre-cursor for crypto tipping on platforms such as facebook, instagram, and others. Once people realize they can get 'tipped' by just getting likes, a whole new economy will boom. Just like this generation is obsessed with likes, the new model will revolve around monetizing all these likes. It's going to be an interesting time to see what Steem eventually evolves into or actually becomes a merger with one of these big social platforms.
So, STEEM is a decentralized community / social network / platform with rewards to creators and content curators. The goal of the community is the motivation of the authors to create the best possible content and readers to search (discovery) and promote quality content. Content is published on the blockchain, which in theory provides protection from censorship and control by large corporations - owners of traditional content on the Internet. STEEM allows authors to stop advertising on their websites and blogs and continue to receive income for their publications.
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