What Is Steem (STEEM)?
Steem is a community-focused blockchain that creates an instant earning opportunity for the network’s users. The protocol is designed to provide an earning opportunity for customers based on their value to the network. It is designed to provide users with a platform where they can post curated content online, and get paid in cryptocurrency.
The protocol is a publicly available, incentivized blockchain database that allows users to interact with each other and earn in return. It leverages technologies from both social media and cryptocurrency to provide users with value. The network ensures the fair treatment of contributors by running a reward structure that reflects each user’s contribution.
Steemit is the first app that was built on the Steem blockchain, and it launched on July 4, 2016. The protocol aims to provide value for its community of users in the following ways:
To provide thoughtfully chosen news and commentaries.
Creating an opportunity to earn.
As a source that offers answers to users’ inquiries.
Offering a stable cryptocurrency pegged to the USD.
Who Are the Founders of Steem?
What Makes Steem Unique?
Where Can You Buy Steem (STEEM)?
Ned Scott worked as a business operation and financial analyst at an American Food importing company, Gellert Global Group, from 2012 to 2015. He met Dan, his partner, in 2015 where he found out they shared similar interests.
Dan Larimer is a software engineer and serial entrepreneur who is captivated by blockchain technology, DEXs, cryptocurrency and other technologies. Dan co-founded Steem alongside Ned Scott and was the CTO until he left the company in 2017.
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Steem Price Live Data
The live Steem price today is $0.176669 USD with a 24-hour trading volume of $2,355,412 USD. We update our STEEM to USD price in real-time. Steem is up 1.99% in the last 24 hours. The current CoinMarketCap ranking is #298, with a live market cap of $77,001,432 USD. It has a circulating supply of 435,850,849 STEEM coins and the max. supply is not available.
If you would like to know where to buy Steem at the current rate, the top cryptocurrency exchanges for trading in Steem stock are currently Binance, Huobi, Gate.io, XT.COM, and SuperEx.