Introduction

Steemit.com has made remarkable progress since its genesis in March 2016. A demographic in excess of 1,200,00 registered users, demonstrates confidence in an ecosystem that utilizes "Brain Test" as a content generator in exchange for paid rewards in STEEM and SBD, to maintain the standard of publishing over substantial levels of quality.

_{Image created by the author}

There are many users who have managed to make great trajectory through dedicated work, participation in initiatives, community building, continuous interaction with their followers, etc. They have established diverse forms of growth in a decentralized social media platform where the rise of cryptocurrency and its derivations is the main attraction for adoption. Turning routine activity on Steemit.com into a personal challenge and an authentic virtual life style.

How does Steemit.com impact the user's personal economy?

Blockchain technology reaches practically all social strata and represents a profitable source of income for many. According to their needs, the average user finds in Steemit.com the sustainable economic model that can cover their basic needs. For this we can take as an example a country with an emerging economy such as Venezuela, where platform work has become the main source of income for many people, beyond any physical job they may have.

Steemit's progress can be determined through the growing conformation of new communities, the diversity of contests, the payment of rewards in SBD and TRON, among other indicators that give a good sign of future projection.

In my own opinion, the administrative structure of Steemit.com makes timely decisions aimed at the constant and balanced growth of the ecosystem. The recent integration of Steemit-TRON, is a sign of economic and marketing strategy which has awakened the interest of many with the inclusion of TRX for the payment of rewards, on the other hand, I have noticed that the new income has increased, as well as the level of participation.

Cryptographic analysis of STEEM crypto

_{https://www.coingecko.com/en/coins/steem}

STEEM Token has a circulating supply of $381,200,121 USD for a trading volume $11,388,513 USD, this means that the activity on the exchanges and the amount of open orders by the time this publication was written indicate that many traders bet their confidence in trading STEEM in expectation of having a profit margin. The increase in the value of STEEM and SBD during this bullish season has allowed STEEM Token to reach an average value of: $1.23 USD with an upward trend according to the market reality.

For its part, the SBD the deposit currency with which rewards are currently being paid, charges an equally ascending value of: $11.18 USD which acts as a guarantee that the internal market exchange will surely strengthen the native STEEM token and consequently the stability of the ecosystem.

_{https://www.coingecko.com/en/coins/steem-dollars}

STEEM market capitalization

If we do a fundamental cryptographic analysis of STEEM Token, we have a market capitalization of $468,813,396 USD, which corresponds to a small cap range. In the forex market, investing in STEEM may perhaps mean a high-risk investment, however, thanks to the reliability of platform, the match it keeps with the current bitcoin fluctuation, the deposit strength of SBD as a protection token and the possibility to buy large amount of tokens, it could generate a great return with reasonable profits as long as the market continues with a bullish behavior.

_{All financial data was accessed from: Coingecko}

STEEM Liquidity Token

Recall that STEEM is a crypto with high liquidity and is listed on most major exchanges. This indicates that the ease of buying and selling is high and reliable, as trading with an easy-to-manage currency allows you to take risks in the same way, that you can consider selling at the time of a sudden price break.

_{Note: The information contained in this post does not, under any circumstances, correspond to any kind of financial recommendation by the author. You should consider doing your own market research.}

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Final thoughts

Steemit.com is a social media platform with an efficient organizational structure, which impacts the financial balance of the ecosystem and user satisfaction. Advances in technology as well as the Steemit-TRON integration has had a positive impact today with tangible contributions in the area of platform, content generation, demographics and virtual marketplace. Based on this review, I am personally of the opinion that Steemit.com will come to surprise many in the medium to long term by offering scalable solutions and system adaptability as the return on investment is great and confidence building.

_{C.C: @steemcurator01, @steemcurator02}

_{@nachomolina2
Original content}

_{Venezuela
2021}