Understanding The Steem Blockchain Also Known As The Steemit Cryptocurrency network

In this video, I provide an overview on how the #Steemit Cryptocurrency Network functions and how you can actually earn money just for creating and posting content.

What is STEEM?

#STEEM is a blockchain-based social media platform (created on March 24, 2016 by Ned Scott and the #blockchain developer Dan Larimer under the company STEEMIT Inc.) which incentivizes & rewards users for participating in the network and community. Simply put, you can get rewards for doing activities which are beneficial for the stakeholders involved.

“An important key to inspiring participation in any community, currency or free market economy is a fair accounting system that consistently reflects each person’s contribution. STEEM is the first cryptocurrency that attempts to accurately and transparently reward an unbounded number of individuals who make subjective contributions to its community.”