Steemit is the first blockchain-based social media platform | 10% for @tron-fan-club

Steemit is a leading decentralized social media platform. It has made a history in the decentralized social media World. In 2016, the landscape of social media and blockchain technology converged with the creation of Steemit. This is the world's first blockchain-based social media platform. This innovative platform introduced a new dimension in content creation, distribution, and incentivization. It is helping in reshaping the way users engage with social media and empowering content creators in different ways. Steemit was built on the Steem blockchain. It is a decentralized ledger that brought together aspects of social media and cryptocurrency.

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Steemit tried to address two major challenges in the social media world. These two problems are The centralized control of content distribution and the lack of direct compensation for content creators. The platform introduced a novel concept called "Proof of Brain". This is a system of content creation into a form of mining. In traditional cryptocurrencies like Bitcoin, miners solve complex mathematical puzzles to validate transactions. In Steemit, users earned rewards by creating valuable content and curating content.

Users on Steemit could post articles, images, videos, and other forms of content. Video is not possible directly but it can be shared through other media. Users contributions would be rewarded with the platform's native cryptocurrency, STEEM. The more engagement a piece of content received such as likes, shares, and comments. The higher the rewards it generated the higher reward the users gets. This mechanism not only incentivized high-quality content creation but also fostered a vibrant and interactive community. This was a departure from traditional social media platforms where the value generated by content often went to the platform owners rather than the creators. This is how steemit is growing nicely.