The brain-child of Daniel Larimer, founder of BitShares, and Ned Scott, a former financial analyst, Steemit is a blockchain-based social media platform modeled loosely on Reddit.
Anyone who uses Reddit knows that content lives and dies with the sacred upvote (or downvote). Upvotes bring “karma,” greater visibility, and even the chance of landing on the front page.
Similarly, Steemit users are vying for upvotes, but this is because engagement and attention lead to actual financial reward. Steemit rewards users for posting, commenting, and even just upvoting other content. Rewards are paid in the platform’s native cryptocurrency, STEEM.
Great post! I just followed you and upvoted you! Follow me back @relsserd.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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Congratulations @danexy! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit