Steemit Basics

in steem •  7 years ago 

THE FIRST APP ON STEEM

Steemit—a social network that pays its community

Steemit is a blogging platform with it's own SMT called STEEM. These tokens are distributed to content creators and curators daily as rewards, based on community voting.
Steemit is built on steem to show the world the future of the web, built also toinspire new digital content business models and apps by entreprenuers and developers.

The STEEM token is an SMT on Steemit

STEEM is the platform token on Steemit.com. It's distributed to the most valuable contributors by community voting. STEEM is a tradeable token that is easily convertible to Bitcoin and Ethereum.

REWARDS PAID
$22.7M

USER ACCOUNTS
334.25K

MONTHLY POSTS
234.23K

MONTHLY COMMENTS
600.46K

The social network doling out millions in ephemeral money
“Steemit is a nascent social media platform... it rewards its users with cold, hard cash in the form of a cryptocurrency. Everything that you do on Steemit—every post, every comment, and every like—translates to a fraction of a digital currency called Steem. Over time, as Steem accumulates, it can be cashed out for normal currency.”

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

This is the best post on Steemit. I gave you a vote now, ya heard?

Ya noticed, thanks eatsrewards