MISSION
Make great communities with financial inclusion.
2 VISION
Our vision is that steemit.com is a vibrant communities web app, expanding the boundaries of community coordination and online discussion by incorporating cryptocurrency as incentives. The company focuses on sustainability and decentralization by lowering running costs and increasing revenues, while increasing stickiness by providing better homepage and community tools, and is always demanding a secure and safe, client-side signing experience.
3 VALUES
Cryptocurrency adoption
Cryptocurrency adoption means advancing tools that contribute to the consumers’ ability to be aware of, use, hold and appreciate cryptocurrency for its benefits, such as sovereign value store and peer-to-peer payments.
4 Sustainability
Sustainability means building real business from steemit.com by way of advertisements and programatically selling cryptocurrency assets that Steemit, Inc. holds. Steemit, Inc., for instance, has held lots of STEEM since 2016. The company could have sold all of it over the past several years, and instead continues to hold and only sell programmatically, because we value the potential of Steem. Advertising is also an important part of our business for aligning steemit.com with all its participants, such as bloggers, content consumers, community builders and our company’s shareholders, who all benefit from increased stickiness and usage of steemit.com. Both of these revenue sources–capital gains from currency sales and advertising revenue–are valuable to our sustainability.
5 Health
Health means aligning our organization leaders, including employees and contractors, to contribute in ways that advance our organization, which means taking care of their well being in return for their commitment to our mission, vision and values.
6 Safety
Safety means introducing changes slowly and predictably with much testing. We greatly prefer to move carefully and not break things, especially when those things are near steemit.com’s wallet functionality or when proposing Steem hardforking upgrades, rather than move fast while introducing breaking changes.
7 Security
Security means providing tools to our users of steemit.com that mitigate risk when it comes to cryptocurrency interactions. This principle has led us to preferred use of client-side signing for cryptocurrency use on steemit.com, which means all transactions are pushed by the user while Steemit, Inc. never has access to, nor sees the user’s private keys; this keeps the risk of cryptocurrency manageable for the user because they can be assured they are the only person responsible for their private key usage. Security also comes from open-sourcing most of our software. By open-sourcing, we’ve found community engagement occurs to help audit and review the published tools. Sometimes bugs and pitfalls are discovered this way. Beyond that, we publish our open-source software with an MIT license, which means others can build from it freely and can then advance the ecosystem in parallel.
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@hashirkhan99