Sots on blokcheyne Steemid network is experiencing explosive growth

Followers Steemit blokcheyn platform that pays participants for publication increased by 1600% in the first month of work. The market capitalization of own cryptocurrency Steem c rose $ 7 to $ 17 million during the same period.

A month has passed since the launch platform, doubling its audience each week, according to a press release. According to the executive director Steemit Ned Scott, he did not expect such a rapid development.

"We worked so hard to perfect Steemit and give anyone the opportunity to make creating and overseeing the good content. Based on expert opinion and check the product to the consumer, we realized that the reaction will be strong, but Steemit so far gone forward compared to what we expected. For about a month, the market capitalization of Steem grew two and a half times, attendance has jumped nearly sixfold, and blokcheyn Steemit register now average about twelve translations, publications and votes per minute. This phenomenal numbers, and we are pleased that our growing community involved in an exciting and potentially lucrative social environment. "

Seeing the popularity of the platform, authors of the project opened Steemit Network wallet code to share. There is a growing demand from innovative developers who want to bring Steemit technology to other social platforms such as Twitter, Reddit and WordPress, Scott said.

On the website you can place Steemit publications and vote for other publications. The materials are gaining a lot of votes, are rewarded. Participants at an early stage had voted for the publication, which has become popular, as are rewarded.

Voting or posting material, the participant receives a fee in two parts: Steem Power (power Steem) increases the chances of the voting, and Steem Dollars (Steem dollars) - a virtual currency whose unit is approximately equal to one dollar, and you are already taking such kriptovalyutnye Exchange how Bittrex and OpenLedger. Compensation will come about 24 hours after the publication or voting.

To date, the most popular post on the platform is estimated at almost 15,500 dollars. It was created by William Mogayyar, author of The Business Blockchain.

The first interest payment is expected on July 4, when, according to the organizers of the platform will be spent 10% of the total Steem.