Steem 2018-02-07T20:01:48+00:00

What is Steem

Steemit was founded by the creators of the altcoin BitShares. Like Bitshares, it too uses the proof of stake concept to mine the currency.

Steem is the currency behind the blockchain based social media platform Steemit which rewards users for creating and curating content on the site. Steemit users are rewarded with Steem Dollars and voting power which can then be transferred for the altcoin Steem.

Steem has seen steep price increases in 2017, and although still in Beta mode, Steemit’s user base is constantly increasing. Steemit, which is similar to the popular social media site Reddit, is a very exciting and entirely new concept in terms of social media content curation because it encourages engagement through financial rewards.

Where to buy Steem

More information and resources:

Steem (STEEM) Live Price:

Recent cryptocurrency news

ABBC Foundation Deepens Its Lineup of Global Partnerships

May 9th, 2019|0 Comments

ABBC Foundation witnessed huge improvements and continuous development within Q1 2019. Since the official settlement with Alibaba Group, ABBC Foundation established its new R&D facility in the United States to facilitate the soon-to-be-launched Coin Shopping [...]

  • Ripple update Ripple cryptocurrency

Trading Ripple vs Other Cryptos: Comparison

May 5th, 2019|0 Comments

The cryptocurrency market has recently become crowded, with the leading coin – Bitcoin - having risen nearly 60% from its bottom of $3,147 in December 2018. Many altcoins have exhibited dramatic increases, including Ripple, which [...]

  • abbc coin

China’s Alibaba Group Successfully Seizes “Alibabacoin”

March 18th, 2019|0 Comments

The vast power and potential of the Internet as a medium for trade and business has been utilized through the years. Multiple e-commerce platforms have been developed and is taking advantage of the digital world’s [...]

  • cryptocurrency digital marketing choosing the right domain crypto website

Choosing the Best Domain Name for a Crytocurrency Related Website

February 14th, 2019|0 Comments

Cryptocurrencies are quickly becoming one of the most sought-after trading and investment instruments. While the concept of Bitcoin was foreign to the average trader only a handful of years ago, recent statistics have shown that [...]