Steemit :- A platform where media meets cryptocurrency

in #contest5 years ago

INTRODUCTION

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The rate at which a country influx in economy has become perceptible in recent years. What does a country that is impoverish hold for the posterity? These thoughts has been a lingering assertion that keeps ruminating my mind as I reverie the precognition of a possible outcome in the situation.
Life is a prospect, and in my natural pithily style I dare to define it as a phase that circulate around the thought of mankind. Many changes have been afoot as the current situation tends to navigate into a new dimension. With the advent of different innovations (such as Facebook, YouTube, fuzzy logic, cryptocurrency etc.) that were introduced in the last decades, many people regarded it as dispensable. But the impact at which technology has rejig the economical pattern around the globe cannot be less emphasize. The effectiveness which brings about the invention of cryptocurrencies (such as bitcoin, ethereum, and dogecoin etc) and p2p services around the globe has been a tremendous achievement in modern tradition. It must be accentuated that the invention of this innovative as serve as a tool to propel the marketplace with great profundity and accurate precision.

OBJECTIVE

The aim for this platform write up is based on the facts that connect with the vision of the organization which states the globalization of assets through the help of networking.

WHAT IS STEEM?

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Steem is a decentralized platform ingeniously designed, where people can interact and connect with each other in a more actualize way and get realizable assets as form of incentives which can be converted to money through a medium called blockchain technology. This is a media networking that enables every individual to earn pickings from blogging. The concept has to deal with the fact that users can now generate content by their own ability to influence people with their view and idea, and earn themselves pecuniary advantage for their effort.
Steem has become a tremendous successful social media outlet with a massive userbase and numerous side projects built on top of the network. This implies that just like other networking media (such as facebook, twitter and instagram etc), steem now based effective component and interfaces (the most popular steemit.com) which have been developed and run by original founders of steem.

IS IT IMPOLITIC TO INTRODUCE STEEM TO MILLIONS OF USERS BASED ON THE PLETHORA OF NETWORKING PLATFORMS AROUND THE GLOBE?

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No!
Quite an ample of individuals thinks the introduction of steem is a platform similar to other ponzi schemes based on the transaction between two individuals, the realizable asset, and benefits that comes along such as upvotes.
It is imperative to note that aside the fascinating concept designed for the projection of steem, other characteristics includes

  1. Transaction between two or more people in a decentralized fashion using the aid of a blockchain innovation
  2. Sharing of intriguing facts and information which serves as an insightful enterprise for strategic growth for an organization economy
  3. Realizable asset
  4. Efficient designs and tools to sure interactions between users are been carried out seamlessly without any form of complexity.
  5. Safe and secured wallet with wallet keys that guide users from been defrauded from there asset.
  6. Blockchain policy
  7. Upgrade documented keys that serves as an act to protect users account.

HOW DOES STEEM’S ABILITY TO SCALE AND SUPPORT MILLIONS OF USERS MAKE IT BETTER THAN CURRENT SOLUTIONS?

With cryptocurrency involvement across various countries economical system becoming the norm in modern technology, the act of processing several benefiting idea may seem inchoate. But the fact still remains there would be several structural patterns that would be revamped for various platforms to function effectively.
Steem is a project that tends not just to project beyond human comprehension and imagination but also act as influencing network where people can channel and create fascinating idea. There are different segments and trend in this platform which the founders have ingeniously created to aid users, these trends includes

  1. Technology
  2. Photography
  3. Contest
  4. Sport
  5. Entertainment
  6. Lifestyles
  7. Fashion
  8. Cooking.
  9. Travelling

The world today doesn’t come with either one of these trends, they all serve as an indispensable factor for the strategic growth of modern. For example, Steem networking platform intermingles tourist with local people in the country for more basis information about their country or region they like to visit under the travelling trend.

HOW CAN STEEM COMPLEMENT THE EFFORT OF MILLIONS OF USER SO THAT THEY CAN HAVE PLENIPOTENTIAL POWER WHILE VOTING THEIR CONTENT?

Just like “Likes” on Facebook and Instagram, Steem provides centralize authorization for user relating to their voting power, thereby limiting the chances of new users to get pecuniary advantage, this I must infer is an inequitable action for millions of users as they get just paltry amount from voting their content. Incessant upgrade has also affected the system that brings about bugging in the platform which takes days before this problem can be debugged. However, visionaries are putting in great efforts to ensure everybody get to be treated equally and also have plenary power to upvote their content on the media platform. This would enable everyone including whales and minors to upvote a content at their own volition without having the fear of exhausting their steempower.

USE CASE

Mr. Robert is a canny business whose investment is based on decoration (both exterior and interior), but not just a decorating expert but also an excellent photographer. How does he stretch out his business around the globe? He has patchy knowledge when it comes to technology and blockchain transaction. This became a major shortfall for his business as he could only engage in activities around his neighborhood. His enthusiasm and tendency to get himself in divergent businesses across the globe seem restricted.
His friend Mr. Wallace on the other hand is a coaching expert and also a social media influencer, he connects with people on a regular basis which grants him the benefits of earning substantial amount that seem quite particularly reasonable.
Mr. Robert doesn’t seem quite satiable with his centralized business due to the fact that he has to deal with the complexity of advertising his business through the means of face time to his customers, and sometimes getting the defrauded along the slide. What is the solution proffered to Mr. Robert?

First, search for the networking platform steemit.com on any browser
Then register and log on to the site.
Connect with friends.
Hey presto!
With these solutions, Mr. Robert doesn’t have to deal with the gleanings of information usually obtain with difficulties to advertise his business and those who usually defraud him off his money as his asset is now safe in his wallet provided with keys and passwords that must be discreet to him alone.

TOKENOMICS

Steem and Steem dollar (SBD) are the two major tokens distributed by the platform for transaction. However, another added advantage include the conversion of steem and steem dollar into steem power. This can be used to upvote your content or other users content that you deem necessary.

CONCLUSION

Steem isn’t just a platform that deals with networking and communication between users around the globe, it brings about a fascinating concept that tends to share views and achievable to excel in different economical policies.
For a user to create a niche for himself, steem has provide required tools specifically designed for such instinctive measure whereby confidence tricksters wouldn’t be able to inveigh themselves on their assets. It might seem an incipient view or idea, but I must adduce that every individual that wants to succeed in business must first suss out the platform steem and this is a propitious time to join the networking media. Think BIG, Think STEEM.

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