"Full steem ahead! " - once again STEEM made it to the news !

in #steemit • 8 years ago

Full steem ahead!

One of the killer applications for mainstream acceptance of a Blockchain based solution might be the social media platform steemit. It’s inspired by reddit, where users can upload and vote on content.
But steemit has a twist: Being upvoted not only makes your post more visible, but pays out Steem dollars. Every user is both a curator and a contributor.
Steem dollars are tradable like any other cryptocurrency, with one Steem dollar trading at roughly 2.20 USD at the time of writing, giving Steem a market cap of 230 million USD.
This makes Steem the 3rd largest cryptocurrency after Bitcoin and the hardforked branch of Ethereum (even though Ethereum Classic is fighting hard to get that 3rd position).

Read the whole article: http://about.bitwa.la/how-the-blockchain-is-changing-social-media/

#steem #news #bitcoin #money
8 years ago in #steemit by
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