Steemit is a social media platform launched in 2016 that relies on blockchain technology and a digital currency called Steem. It was founded by Ned Scott and Dan Larimer with the aim of incentivizing users to create new content, share knowledge, information, and ideas, and to promote transparency and fairness in the content published.
Steemit is different from other traditional platforms as it offers multiple opportunities for users to earn profits by creating new content. Users can earn financial rewards when their content receives votes, comments, and shares from other users. These rewards can be converted into digital currency and withdrawn to their electronic wallet.
In addition, Steemit uses AI technology to improve the commenting and voting system, and to reduce fraud and manipulation. Steemit also has sister applications and websites, such as DTube, DLive, and D.Buzz, which all rely on blockchain technology.
Overall, Steemit encourages creativity and innovation and provides opportunities for users to interact, learn, and enrich themselves. Steemit is an excellent example of how technology can be employed to promote fairness and transparency in content creation and distribution.