Steem powers Smart Media Tokens

in charlesfuchs •  7 years ago 

The first app on Steem
Steemit—a social network that pays its community

Steem is a blockchain-based prizes stage for distributers to adapt content and develop group.

Approx. USD rewards paid since June 2016:

$22,728,958

What are Smart Media Tokens?

A SMT is a local advanced resource on the Steem blockchain. SMTs can be propelled by anybody to help adapt online substance and make motivators to support wanted client conduct.

SMTs like Ethereum's ERC-20 tokens, however with certain inherent 'Verification of-Brain' properties and a token circulation compensate framework composed particularly for advanced substance organizations.

'Confirmation of-Brain'community motivations

Confirmation of-Brain is a sort of tokens rewards calculation that urges individuals to make and minister content.

It empowers tokens to be conveyed by "upvote" and "like"- based calculations and can be coordinated with sites to adjust impetuses between application proprietors and group individuals to goad development.

Speedier than Bitcoin and Ethereum, without any charges

Running a prizes based decentralized interpersonal organization required new advances in blockchain innovation. Steem is a cutting edge blockchain, interestingly intended to run constant applicaitons with close moment, charge free exchanges.

Steem has been fought tried in the course of the most recent year and a half, as of now handling a greater number of exchanges every second than Bitcoin and Ethereum.

Steemit—an interpersonal organization that pays its group

Steemit is a blogging stage with it's own particular SMT called STEEM. These tokens are dispersed to content makers and keepers every day as prizes, in light of group voting.

We assembled Steemit on Steem to demonstrate the world the future the web. We manufactured it to rouse new advanced substance plans of action and applications by entreprenuers and designers.

more info : https://steem.io/

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Great post just Upvoted please help and spread the steem on my last post!
https://steemit.com/travel/@adriansky/strawberry-hill-before-and-after-sunset

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