Steemit is a blogging platform with it's own SMT called STEEM.

in #steemit7 years ago (edited)

Steem powers Smart Media Tokens
Steem is a blockchain-based rewards platform for publishers to monetize content and grow community.
Steem.io
https://steem.io
A new way for publishers to monetize their online content and community, based on battle-tested blockchain technology
Steemit—a social network that pays its community

Steemit is a blogging platform with it's own SMT called STEEM. These tokens are distributed to content creators and curators daily as rewards, based on community voting.

We built Steemit on Steem to show the world the future of the web. We built it to inspire new digital content business models and apps by entreprenuers and developers.

STEEM
Tradeable tokens that may be transferred anywhere at anytime.
Steem can be converted to STEEM POWER in a process called powering up.
An SMT is a native digital asset on the Steem blockchain. SMTs can be launched by anyone to help monetize online content and create incentives to encourage desired user behavior.

SMTs are like Ethereum's ERC-20 tokens, but with certain built-in ‘Proof-of-Brain’ properties and a token distribution reward system designed specifically for digital content businesses.

STEEM POWER
Influence tokens which give you more control over post payouts and allow you to earn on curation rewards.
Part of malala's STEEM POWER is currently delegated. Delegation is donated for influence or to help new users perform actions on steemit. Your delegation amount can fluctuate.
‘Proof-of-Brain’
community incentives
Proof-of-Brain is a type of tokens rewards algorithm that encourages people to create and curate content.

It enables tokens to be distributed by "upvote" and "like"-based algorithms and can be integrated with websites to align incentives between application owners and community members to spur growth.

STEEM DOLLARS
Tokens worth about $1.00 of STEEM, currently collecting 0% APR.
Estimated Account Value
The estimated value is based on an average value of Steem in US dollars.
Beware of spam and phishing links in transfer memos. Do not open links from users you do not trust. Do not provide your private keys to any third party websites.
Faster than Bitcoin and Ethereum, with no fees
Running a rewards-based decentralized social network required new advances in blockchain technology. Steem is a next-generation blockchain, uniquely designed to run real-time applicaitons with near instant, fee-free transactions.

Steem has been battled-tested over the last 18 months, already processing more transactions per second than Bitcoin and Ethereum.

The STEEM token is an SMT on Steemit
STEEM is the platform token on Steemit.com. It's distributed to the most valuable contributors by community voting. STEEM is a tradeable token that is easily convertible to Bitcoin and Ethereum.
https://steem.io/img/logo-poloniex.webp
https://steem.io/img/logo-bittrex.webp
https://steem.io/img/logo-open-ledger.webp
The social network doling out millions in ephemeral money
“Steemit is a nascent social media platform... it rewards its users with cold, hard cash in the form of a cryptocurrency. Everything that you do on Steemit—every post, every comment, and every like—translates to a fraction of a digital currency called Steem. Over time, as Steem accumulates, it can be cashed out for normal currency.”
@all-aceh

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