Hi Everyone,
This posts contains a video that explains the Steem platform from the perspective of an economist. The video explains the important characteristics of Steem while clearly outlining the types of roles and activities that users of the platform can engage in. The video supplements this information by adding an economics perspective that highlights the strengths of creating content for or investing in the Steem platform.
The video complements and supports a previous post which contains a detailed written description of all the above mentioned areas discussed in this video. Below is a link to this post.
The video runs for about 51 minutes, it is broken down into 28 segment. The table below contains each part of the video and the approximate time in the video that each segment appears in for easy reference.
| Part | Section | Minutes |
|---|---|---|
| 1 | Introduction | 0.03 |
| 2 | What is Steem? | 1.20 |
| 3 | Who pays the content creators? | 3.00 |
| 4 | Rewards pool | 4.55 |
| 5 | Roles on Steem | 6.15 |
| 6 | Content creator | 6.30 |
| 7 | Investor | 7.00 |
| 8 | Curator | 8.40 |
| 9 | Reader or viewer | 9.55 |
| 10 | Combination of roles | 11.00 |
| 11 | Reputation | 12:35 |
| 12 | Vests and rankings | 14.00 |
| 13 | Witnesses | 16.55 |
| 14 | Promotion | 19.35 |
| 15 | Use of bots | 21.55 |
| 16 | Verification | 24.20 |
| 17 | Transparency of the blockchain | 26.45 |
| 18 | Self-voting | 27.50 |
| 19 | Declined payout and send to Null | 30.50 |
| 20 | Steem delegation | 32.05 |
| 21 | Advertising on Steem | 34.35 |
| 22 | The virtue of Steem Power | 37.00 |
| 23 | Concentration of wealth | 38.40 |
| 24 | Trending, new, hot, and promoted | 40.40 |
| 25 | Tags | 43.00 |
| 26 | Feed | 44.15 |
| 27 | Relationship to other cryptocurrencies | 45.10 |
| 28 | Conclusion | 47.55 |
I hope that you find this video informative. My aim is try and explain as much as I can about Steem, Steemit, and the Steem platform to potential content creators and investors. I strongly believe the idea of a blockchain based social media platform is fantastic and will become very popular in the near future.
I am also aware that this method of earning rewards is very strange to most people not familiar with the blockchain or cryptocurrencies. Steem is not intended for just those that are interested in cryptocurrencies but anyone with any form of talent that can be articulated though the web; this could be painting, photography, videos, education, travelling, etc.
I recommend you get in now and give it a try. The price of Steem is reasonable for investors and content creators can still get a head start over the possible wave of content creators that could hit the Steem platform once it becomes more mainstream.
