Steem

Steem tokens power next-gen social apps Steem enables social networks to be placed on a blockchain with cryptocurrency so users can get paid for contributing good content. The Steem Blockchain contains three unique tokens with three different attributes. Whether you want to increase your social app influence, HODL wisely, or zero in on cash, there’s a Steem token for you.

A new social media model where contributors get big perks Shareholders of social media platforms made billions of dollars from user-generated content. The content creators? They made nothing. Steem flips the model and returns the value to the people who contribute the most. Users become platform stakeholders, maintaining control over their data, and earning cryptocurrency rewards for each contribution they make. Smart Media Tokens will revolutionize web applications. A Smart Media Token (SMT) is a native digital asset on the Steem blockchain. SMTs are STEEM-like cryptocurrency tokens that can be integrated it into web applications and used to create incentives to entice your users to participate in, and grow, your platform.

Content • • • • • • • • • Why is Steem important to traders? The blockchain niche has been developing at a rapid pace, resulting in tough competition. However, Introduced in 2016, Steem is an innovative social media and content-focused blockchain. Its goal is to provide a platform for decentralised application (DApps) hosting as well as decentralised data storage. In its own words, the platform is a “blockchain database that supports community building and social interaction with cryptocurrency rewards.” The solutions adopted by Steem have addressed crucial issues like the cost of transactions and volatility. By using an advanced Delegated Proof-of-Stake (DPoS) as consensus protocol, fee-free transactions and a fast block time of three seconds became possible. The Steem blockchain has a large number of DApps running on it. Steemit, a popular decentralised blogging platform, was the first app to make use of the Steem protocol, offering people the chance to earn cryptocurrency rewards by creating and curating content. Since then, the number of DApps has grown significantly. In 2018, 44 per cent of all accounts on the Steem blockchain have been active DApp users. Steem aims to change the way social media works. By allowing users to earn the STEEM trading hours You can How to invest in STEEM CFDs An individual has three options when acquiring the Another way is to buy STEEM on an exchange like Bittrex, Binance or Poloniex. This is considered a long-term investment, as the indi...