a blockchain-powered decentralized social network, distributed $1.3 million in cryptocurrency to users of the site during its first week, who are paid for posting and voting on content. Steemit is a social media that creates a platform where users get paid for creating and curating content. it is built on blockchain technology. Steemit’s public and distributed blockchain, called Steem, automatically distributed the payout, so the company itself does not have control over the distribution.
Part of what is so unique & valuable about Steemit is that it makes it simple & easy for anyone to get in on and partake in this wave, without any need for technical expertise.It’s refreshing to see Steemit begin fostering diversity and on-board new people who otherwise wouldn’t take interest in cryptocurrency.
Steemit pays users half with “Steem Power,” a vesting currency that fuels voting power, and half with Steem Dollars, which can be exchanged for U.S. Dollars.
Rewards are also given for voting on content, as compensation for helping the community curate valuable content.
__4 simple steps to get you started __
This steps are the basic of using Steemit
The first step is the simplest. You reading this means you are already in the website.
For the second step you need to sign or register you account. this can be done through your already existing facebook or reddik account.
The third is where one has to put in the most work. this may take you time because you have to first decide what you want to post then present it in a way that people online will relate with.
The last step is to vote on comments and post. its simple There is a vote button at end of this post, you can click on it to complete the last step . One can also get more steem by simply creatively commenting on posts. This is also essential in increasing the steem you want to get. You can start by leaving a comment on this post.
Steemit is attracting people from all walks of life, most of whom have learned about cryptocurrency before, both male and female. This is not an ordinary social network . it is a bomb on the internet that will explored. By this i mean the earlier you join the better .
Name is Joshua a proud Nigerian( not to proud ) to me Steemit is the combination of blogging, social media and cryptocurrency . it a great idea. the time you are wasting on other networks is for free, why not try one that pays. Steemit is simply a unique social site
kindly vote this post if it was helpful
Welcome..Happy Steeming!
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Thanks for the information 😇
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It's good to know something like this exist.
I will definetly work on it.
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How does one actually gain steem though? Do you only earn steem when someone with a significant 50+ reputation upvotes you?
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Thanks for the info. Can you share ideas about exchanging bitcoins to other currencies?
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