Everything about Steemit - Information for Beginners & Newbies!
What is Steemit.com?
Steemit is a social network and content rewards platform that makes the crowd the beneficiaries of the attention economy. It does this be rewarding users with STEEM.
Steemit has redefined social media by building a living, breathing, and growing social economy; a community where users are getting rewarded for sharing their voice.
^
How does Steemit work?
Steemit is a social media platform that works by having the crowd reward the crowd for their content. It does this thanks to the Steem blockchain and cryptocurrency; Steem is 'minted' daily and distributed to content producers according to the votes they get.
^
How does Steemit differ from other social media websites?
Most social media sites extract value from their userbase for the benefit of shareholders alone. Steemit is different, it's a new kind of attention economy. By connecting with the Steem blockchain (which is decentralized and controlled by the crowd), Steemit users receive all the benefits and rewards for their attention.
^
Does it cost anything to post, comment, or vote?
No. It is free to post, comment, and vote on content on Steemit.com. You might even get paid for it!
^
Can I earn digital tokens on Steemit? How?
You can earn digital tokens on Steemit by:
Posting - By sharing your posts, you can earn upvotes from community members. Depending on the upvotes you receive, you will get a portion of the ongoing Steem reward pool.
Voting and curating - If you discover a post and upvote it before it becomes popular, you can earn a curation reward. The reward amount will depend on the amount of STEEM Power you have.
Purchasing - Users can purchase STEEM or Steem Dollar tokens directly through the Steemit wallet using bitcoin, Ether, or BitShares tokens. They are also available from other markets and exchanges including BlockTrades, Poloniex, Bittrex, Shapeshift.io, and Changelly. STEEM tokens that are powered up to STEEM Power earn a small amount of interest for holding