Basically, steemit is simply a blockchain based social media platform that rewards content creators and curators with steemit.
The famous community-based social media steemit was founded on July 4 2016,and is also a platform where members are rewarded with crypto currencies for their valuable contribution to communities.Also the founders of steemit are -Ned Scott and Dan Latimer.
Even though so many good things happen here we also lost so many things with time including developers and people .
Steemit goal is to make it a decentralized social and commercial publishing platform. I believe with time steemit will do alot better than other trading platform like ; Bitcoin and help make trading smoother.