CONTEST ANNOUNCEMENT #2 BY @NGOENYI||HOW WELL DO YOU UNDERSTAND STEEMIT? By @peachyladiva

Hello beautiful steemians, this is my entry for @ngoenyi contest

@peachyladiva

How well do I know steemit?

Steemit is a platform built on blockchain technology. It's a platform that pays you for blogging. You post, earn and invest.
for example when you post on facebook social network, you get people to like your post and all you get is the number of people that likes your post but on steemit when people like your post, you get paid for it in Steem or Steem dollars.
Steem or Steem dollar is a cryptocurrency coin.

earnings and upvote in blue circle

However likes (upvote) is not guaranteed on steemit that's why it's advisable to make quality post and be interactive, engage with others and be consistent and join different communities of your interest.
The need for quality content cannot be overemphaized, the more you read other people post the more you get better at writing, looks for other people post that are getting good up votes, don't envy them rather look at what they are doing and how they are writing that you are not and try to emulate them. Don't just come to post but read as well and read about achievement 4 by @cryptokannon to know more about how to use markdown on your post.
On steemit blockchain the authors and the voters get reward. When you post on steemit and you make about $6 dollars. The $6 dollars is divided into two 50% goes to the Author (the post owner) and 50% is divided between those that vote the post (the curators).

The 50% you get as the Author is further divided into two. You are paid in Steem or Steem dollars and the other half as your steempower.
Let's say you got $6 dollars from a post. You earn $3 dollar and the curators earn $3.
From your $3 dollar you get $1.5 as Steem or Steem dollar and the other as steempower.

what is Steem power?

Steem power is what gives you ability to vote, post and do necessary activities on Steem blockchain. The more steempower you have the more your vote will be effective. A person with 1000 steempower is more effective than a person with 100 steempower that's why it's advisable for newcomers to set their post as 100% power up. The investment side of steemit is investing in your steempower. The best sacrifice anyone can make on steemit is to power up 100%.

How to sign up on steemit

To sign up new users go to
https://signup.steemit.com/

Enter the username, email and phone number.
Codes will be sent to the email and phone number to verify them. Enter the codes and click on I'm not a robot. It's that simple.

Another way to register is using a platform created by @justyy

https://steemyy.com/reg.php

It's free as well, all you need is the username and email but it's advisable to change your password after getting it.

My plans towards growing my steempower.

After attending the training hosted by @steemalive yesterday on telegram, it was really eyes opening and I learnt alot.
I made up my mind to put all my post on 100% power up starting from this post.
Thank you @focusnow and @ngoenyi for that wonderful lecture.

Thanks for reading my post.