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 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 [...]

  • How blockchain will influence ecommerce

How Blockchain Will Influence the Ecommerce Industry

February 4th, 2019|0 Comments

The blockchain technology has revolutionized the financial transactions in the last few years. 2019 is going to be the year when this technology will influence the e-commerce market to a great extent. The fact that [...]

  • ddd

Learn How to Buy Cryptocurrency in Easy Steps

February 1st, 2019|0 Comments

The year 2017 saw the massive rise of Bitcoin which is currently the dominating cryptocurrency in the market. Despite its slight fall recently, it is still the future because technology is the future, there’s no [...]