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 $0.1 per coin.
Da_vi$ May 4, 2020 Reply
I used to hang out doing some blogging on Steamit, the blockchain-based social media platform that pays content publishers in Steem and Steem-backed Dollars, and even made some good money when the price of STEEM had hit $14. But now the platform is living through the "dark age" as a significant part of its user base had left it once the bear market took a full swing.
Mysterious8 January 11, 2020 Reply
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.
Phillip March 31, 2019 Reply
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.
Jean March 12, 2019 Reply
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.
Devel0per April 28, 2016 Reply
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 rewa...