can bet that you already would be very excited about Steemit and would like to join this community and earn big from it.
Here is a simple version of Steemit that would help you to get going with it.
What is Steemit?
Steemit is a blockchain-based social media platform that rewards people for creating content. It is a place for individuals where they can create content, promote the content they deem good, comment on others stories and all this while earning money, sometimes thousands or even tens of thousands of dollars for single posts.
Steemit is a brainchild of Daniel Larimer, founder of BitShares, and Ned Scott. It has been built on the technology developed by Larimer called as Graphene, which is used for the successful deployment of application-specific blockchains.
So, Steemit comes as an innovative social network that rewards people for their contributions, irrespective of their race, religion, gender, or any other bias. It aims to build a “small town” community where residents are awarded for their time, effort, and creativity. It is done through digital points called “Steem.”
One of the unique features of Steemit is that it combines aspects of Facebook, Twitter, and blogging to make way for site users to get monetary benefits.
Steemit is a social network that resembles a lot like Reddit, but with one “Huge” difference:
With Steemit, not only content creators get paid when their work gets upvoted, but also people who go on to curate the best content on SteemiOptions Before you when you Earn Steem Dollars
Steem Dollars can be converted to Steem and can be sold immediately on the open market for real money. So, Steem Dollars give you the opportunity to cash out.
Holding Steem Dollars pays you 10% interest.
Steem Dollars can be exchanged for Steem Power and thereby get an opportunity to invest in the future of the currency.
How is The Newly Created Steem Distributed?
Each day, as much as 90% of the new Steem Units are rewarded to users who have Steem Power Units. Rest 10% of the new Steem Units is paid to content creators, curators, and commenters.
When your created content earns money, you get 50% in the form of Steem Dollar Units which can be exchanged for actual money or else you can convert into Steem Power. The remaining 50% is paid in Steem Power. These Steem Power Units are locked for two years.
Getting Started with Steemit
Firstly, you need to set your account. You can use your Facebook account or Reddit account. Be sure to set up a secure password.
For publishing content, you need to click on “Submit a Story” at the top right of the screen. You should format your articles so that it becomes easy to read. You can use images, headings, and sub-headings for breaking long blocks of texts.
You should give enough time on formatting your articles so that they are pleasant to read. Plus, you should make sure that the content you submit on Steemit should be valuable, interesting, and entertaining for your readers.
You shoOn July, 4th, 2016, Steemit, Inc officially launched Steemit, a social media with virtual currency rewards that runs over the Steem blockchain. On March 15, 2017 Dan resigned as a head of technology and a marketing team was announced with Mitchel Loureiro (
Type of site
Social news community
Available in Mainly English. Content is available in several languages.
Website www.steemit.com
Registration Free. Mandatory for editing.
Users >500,000 (as of December, 2017)[1]
Launched March, 2016
Current status Active
Steemit, Inc is a privately held company based in New York City and headquartered in Virginia. The company was founded by Ned Scott and Dan Larimer.
Steemit it is really good for a good creative minders,work hard and the pay will be smiling at u
