Posts Tagged ‘Steemit review’ Review of the Blockchain Powered Social Media Platform Steemit

Steemit is a blockchain-based social media platform where anyone can earn rewards by contributing quality content and rating content published by others, or at least it is being advertised as such. We’ve been keeping an eye on Steem and the official Steemit user interface of the project for a while, but just about a month ago we actually started getting to know how everything works there. This has happened as one of our editors actually registered and started using the platform, as a result we have published A Quick Guide on How to Mine Steem on Windows. That however was just about it as we have decided to leave our editor for a month to use Steemit and then to write a first-hand experience review of the platform based on his own personal experience using it. Since that month has already passed, it is time for him to share his thoughts and experience with you… and get back to writing more here and not only on Steemit!
Do note that that our editor is using a personal account on the Steemit platform! This account is not an official Crypto Mining Blog account, nor it will become such, though if you are already using the platform or want to try it out now, you might want to check @cryptos on steemit.com for some guides, tips or even some help… just make sure you do that on Steemit and not here. We do like to support our authors and editors and this is exactly what we want to do now.
You can think of Steemit as an ecosystem of multiple things all in one, though the main idea is to provide an alternative to popular social media platforms like Reddit or Facebook for example. The general idea is that people using the platform and thus contributing good quality content or helping by rating quality content from other users will get rewarded for that. Furthermore these rewards are also partly tied long term to the project, essentially becoming somewhat of a long term investment for the user (think along the lines of having shares in a company). This idea alone opens up huge potential for growth for the platform, but the big questions is if it will manage to actually take advantage and secure its place among the other big names. Currently Steemit is really small and is just making its first steps with a user base of just a bit over 75 thousand (total, not active users), the daily active users are currently at about 5K and that is precisely why it has such a big room for growth ahead of it.

Please follow me...