Steemit is a blogging and long range informal communication site over the Steem blockchain database. The Steem blockchain produces Steem and Steem Dollars which are enchantment bean tokens clients get for posting, finding, and remarking on fascinating substance.
Steemit, Inc is a secretly held organization situated in New York City and headquartered in Virginia. The organization was established by Ned Scott and Dan Larimer, maker of BitShares, and EOS.