What is Steem it and How does it Works ?
Steemit is a blogging and social networking website that uses its Steem blockchain-based rewards platform for publishers.The Steem blockchain produces Steem and Steem Dollars which are tradable tokens obtained for posting, discovering, and commenting on content.
Steemit, Inc. is a privately held company based in New York City and headquartered in Virginia. The company was founded by Ned Scott, and Dan Larimer, creator of BitShares, and EOS.
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