What is it and how does Steemit work? -Steempower and user guide.
First of all we must know what is * steemit *?
Steemit is a new page which tries to combine:
-Social networks.
-Forms of making money from home.
-Win money writing.
-A community with freedom of expression.
-The use of an ICO called Steem for this trade.
Steemit is a fusion of social networks with the market of cryptocurrencies that is in continuous growth and because of that they implemented the new creation of an ICO called Steem to pay the work of all the participants within it through a monetary remuneration for that they can continue publishing their content freely in steemit and at the same time be able to live from it.
What is Steemit?
Steemit is more than a social network, since it is a social platform where you can be rewarded for your publications, through the monetary remuneration offered by the social network with cryptocurrencies (steem power and steem dollars), this creates a economic system where the transfer of values is between users who create and consume content, without the need of any intermediary.
The system of voting and reputation is where users benefit by creating relevant content that is positively evaluated by the rest of the users, increasing the quality and quantity of the content circulating on this platform.
In addition to publishing content, users also earn cryptocurrencies for helping support and contributing content to the steemit community.
Steemit rewards users with cryptocurrencies such as the company called STEEM that can be easily exchanged by Steem Power and Steem Dollars, which have distinctive features that add advantages to each one to be used for various purposes within and off the shelf; as for example circulation of currencies in the social network and mining of cryptocurrencies.
How and why does steemit pay us?
Steemit gives you at the time of your registration on the $ 3 Steem Power platform in your virtual wallet.
well, the Steemit operation is simple: as a participant in accounts with Steem Dollars and Steem Power I will explain the functions that these have:
The SteemPower can be exchanged for physical money, cryptocurrencies, send them to purses, etc.
Steam Power, on the other hand, will be useful for voting the publications of the other users.
When you publish content, people rate you and vote and your publication generates a value; 50% of said value will be money "consumable" and the other 50% voting power, this configuration can be modified when making a new publication.
Each time you make a publication the users will have the possibilities of interaction, the first two are just below the publication:
Upvote-with this you increase value to the post.
Downvote - Downvote is recommended only for content that is spam or has inappropriate content.
Reply-is used to comment on the publication.
Share-As it says name in English serves to share the publication
That is, depending on the amount of Steem Power that you count on and each new publication you make, plus monetary benefits and power to win. 50% of the generated profits go to the pockets of the author and the other 50 a divination of 25% is made to the users who vote and the other 25% to the users who comment.
The sooner you vote and comment on a content that becomes a trend, the more profits you will get.
To put it this way, if you have been a user who has known how to choose good content at an early stage, Steemit will reward you for having helped other users.
Of your 50% generated half is generated in Steem Dollars that are interchangeable for dollars through exchangers like Bitshares and the other 25% are paid with Steem Power.
The more Steem Power you are more influential, the more impact you have on the votes you make in other publications and the more you want to "cure" or filter content by making early votes.
I like your post! I'm a new steemitian. Thank you for this valuable information!
you're welcome , am here for everybody :3.