STEEMIT REVIEW - WHAT_? - WHY YOU USE _? - With Video
What is STEEMIT ...!
Steemit is a social news service which runs a blogging and social networking website on top of a blockchain database, known as Steem.
The general concept is similar to other blogging websites or social news websites like Reddit, but the text content is saved in a blockchain. Using a blockchain enables rewarding comments and posts with secure tokens of value. Images can be uploaded and hosted on Steemit. Other multimedia content must be embedded from other web hosts. For formatting, there is a WYSIWYG editor. Users can also opt to use Markdown formatting with HTML elements.
User accounts can upvote posts and comments, and the authors who get upvoted can receive a monetary reward in a cryptocurrency token named STEEM and US dollar-pegged tokens called Steem Dollars. People are also rewarded for curating popular content. Curating involves voting comments and post submissions. Vote strength and curation rewards are influenced by the amount of STEEM Power held by the voter.
Steemit has a reputation system, where new accounts start with a reputation of 25. An account's received votes can influence its reputation up and down, incentivizing online etiquette.
Users > 170,000 (as of May, 2017) - Wikipedia
VIDEO ->
STEEMIT History !
The project was founded in 2016 by Ned Scott and Dan Larimer, creator of BitShares. The two are founders of the Steemit Inc. company, which runs the Steemit website and funds ongoing development of the platform. On March 15, 2017, Larimer announced his resignation from the company
Why Use STEEMIT ?
SteemIt leverages Blockchain technology and free-market economics to produce a platform where every contribution, every blog, every vote, is valued and is given a part share in the platform itself. This counters the usual social media forums where the hosting company owns the platform entirely and uses your content to further its own growth without remittance.
Post, engage and upvote
Post about things you like, things that you enjoy writing about, things that will inspire people to make a change for the better. Engage in things you find interesting, because if you engage in things you don't really enjoy engaging in, it might feel like a drag. Upvote all you want. You have nothing to lose.
Risk
If you are worried about any associated risk, let’s consider the worst case scenario of using SteemIt. The worst case scenario here is that it becomes unprofitable, the money you earned early on later becomes worth nothing. But not receiving any reward for your content directly is what we all do on every major social platform. It also has the advantage of being a distributed network, so if one server disappears, there will still be hundreds more. Additionally, in the intermediate time you can withdraw some of your Steems for cash. Also, if for some reason it does turn out to fail as a technology, you can always copy your content to another service.
VIDEO ->
Please Upvote, Resteem & Follow Me For more Update
Useful links :
steem.io - website of the Steem blockchain network
Streemian.com - account automation service
Busy.org - alternative website connected to Steem
steemdb.com - non-interacting Steem explorer
steemd.com - non-interacting Steem explorer
Steemtools - index of applications for Steem
Steemstats - account monitoring on Steem
Steemwhales - Steem account statistics
eSteem - mobile app connected to Steem
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