STEEM & SBD ARE NOT ONLY COIN IT'S A COMMUNITY CALLED " STEEMIT"

Words
394
Reading
2 min
Listen
Play
8y

images (5).jpeg
Steamit is a blogging and social networking website that uses the Steam Blockchen based award forum for publishers. Steam Blockchen produces steam and steam dollars, which are businessable tokens obtained for posting, searching and commenting on content.
images (1).png
STEEMIT CONCEPT.
User accounts can raise social news websites, such as posts and comments, like other blogging websites or reddit, and the authors who get up, can get a monetary reward in Steam Dollar called Stem and US Dollar-Pegged Tokens called Cryptocurrency Token. People are also rewarded for doing curing popular content. Curing includes voting comments and posting submissions. Voting power and curation revenues are influenced by the amount of steam power organized by the voter.
Steamit contains third party applications, such as d.tube, a decentralized video platform based on the Interplanetary File System (IPFS) protocol. D.tube is similar to YouTube, but without ads, instead uses built-in stem currency, which is awarded to provide users video.
images.png

Edit monetary system..
Based on the Smart Media Token (SMT) protocol developed by Steam Steamit. By December 2017, CoinMarketCap.com listed Stem with $ 475 million market capitalization, and ranked Stem Token 32 out of 1,358 cryptokurians. User actions, such as the removal of proof-of-brain algorithms of uptaking steam, are also factors in stem power placed by the user to promote content creators and community by transferring small amounts of stem token currency .
On July 4, 2016, Steemit, Inc. launched Steemit, a social media with virtual currency rewards that runs over the Steem blockchain. On July 14, 2016, Steemit announced on their website that they were hacked. The attack, according to them, has compromised about 260 accounts. A little less than US$ 85,000 worth of Steem Dollars and Steem are reported to have been taken by the attackers.
images (4).jpeg
Unlike most digital currencies which are difficult to access for the majority of the world without any money to invest, Steem removes the friction for the average person to join in the cryptocurrency world by allowing earnings via posting without needing to buy in first.
images (3).jpeg
This is a good example of a digital currency whose value is closely related to its utility value as a social networking and sharing platform.
download.png
Algorithmic businessman Jacob Eliasoff said, "I have doubts about 'apocaine' / 'appanes', and steam is too much.
images (5).jpeg

Thanks for your time
Please make your vote, support and comment.