|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:||Saturday, August 17, 2019 4:57:01PM UTC|
|Current price, USD:||0.173|
|Current price, BTC:||0.0000167|
|Market capitalization, USD:||58 889 195|
|Available supply:||341 069 282 STEEM|
|Volume 24 hours, USD:||472 057|
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, $|
|Aug 08||0.203||0.198||0.203||68 252 560|
|Aug 09||0.200||0.188||0.201||63 731 259|
|Aug 10||0.187||0.181||0.188||63 723 049|
|Aug 11||0.190||0.189||0.195||66 033 163|
|Aug 12||0.193||0.193||0.204||65 889 796|
|Aug 13||0.194||0.185||0.194||64 040 012|
|Aug 14||0.203||0.174||0.203||59 101 990|
|Aug 15||0.175||0.165||0.177||60 284 275|
|Aug 16||0.176||0.167||0.176||57 834 689|
|Aug 17||0.169||0.169||0.173||58 889 195|
|STEEM price change 24 hours||0.93%|
|STEEM price change 7 days||-6.05%|
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.
We publish the most accurate Steem Forecasts and News including crypto industry experts' opinion on a daily basis