Based on my research "Steem is a “blockchain-based social media platform where anyone can earn rewards”. An incentivized platform, Steem supports community building and social interaction by rewarding those who take part by posting, voting on, and curating great content with cryptocurrency.
Steemit.com is a social network and content rewards platform which uses Steem technology to reward users for curating content all over the internet. It gives rewards in 50% Steem power, and 50% Steem dollars.
By building an online community which is rewarded in cryptocurrency for sharing their voice, Steemit is redefining the world of social media, and is quickly building a growing social economy as it is the users who earn rewards from using it rather than only the company shareholders like other platforms.
A community is being built by allowing users to reward other users for the content which they post by using the revolutionary Steem blockchain and cryptocurrency. It is free to post on Steemit.com, which is what makes it perfect for the regular person as well as the content creators, and it is ‘minted’ daily. That daily currency is then distributed to content producers according to how many votes they get for the posts they make.
Steem has been built for regular people, to reward regular people for their contribution to online communities, with the goal to empower people across the world. As the technology Steem is built on can process thousands of actions per second, rewards are plentiful and can be earned quickly with digital tokens being rewarded around 24 hours after content and votes have been submitted.
So let's enjoy this ride !!
credits to (https://blockonomi.com/steem-guide/)
