What is STEEM and how does it work?

in #steemit7 years ago

Steemit is a new social media platform where you can share information, videos, opinions, photographs etc. You get rewarded when you engage with a post on the Steemit platform. You will be rewarded for posting, commenting and upvoting on the the posts.

You are rewarded in digital tokens called Steem. Steem is similar to Bitcoins. It has a decentralised network. There is no central authority.

Steemit is a social network that looks and functions a lot like Reddit, but with one HUGE difference:

Steemit pays both the content creators when their work gets upvoted, as well as the people who curate the best content on the site by upvoting others work.

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Good post.

Thank you for your very simple explanation of steemit and how it's working

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