Steemit is a social media platform that encourages users to produce quality content and products. Boards used on the platform correspond to Steam Dollar (SBD) tokens, which can be converted into dollar currency. Steemit is used as an alternative means of generating revenue for content creators. But users complain that Steem does not share the money he earns from the content of major social media platforms like Facebook .
On the other hand, the Steem project has been fighting with boots and fake accounts since 2016. The project slowed down the recruitment of new members because of the abuse of the voting system. The platform , which has only 2,000 active users in 2016, achieved a great success by reaching 1 million users. Also, according to Stemit's internet address, he paid 40,154,371 USD to his users.
As the blockchain industry grows, many new projects are being designed, but most of them fail because they can not produce as many solutions as they can, or they can not reach enough mass. Steem did not have a problem at this point, he met the needs of the content creators and achieved success. This important success has attracted the attention of developers. In this direction, content-based decentralized applications began to be developed and this was the first application developed. Compared to social media platforms where content producers are less profitable than content sharing platforms, Steemit has provided a great opportunity for creators of photography, art, literature, gaming, entertainment and more.
As Steem, I think all we do is build a network and make sure that the power is in the hands of the users.
