Steemit is a blockchain-based social media platform that allows users to create and share content, as well as interact with other users by commenting, upvoting, and sharing their posts. It was created in 2016 and is powered by the Steem blockchain.
The platform is designed to reward users for creating and curating high-quality content. When a user creates a post, it can be upvoted by other users, which increases its visibility on the platform. The more upvotes a post receives, the more Steem cryptocurrency the creator earns.
Steemit also has a reputation system, which helps to ensure that users are trustworthy and have a history of contributing positively to the community. Users can earn reputation points by creating quality content, interacting with other users, and helping to moderate the platform.
In addition to creating and curating content, users can also earn Steem by participating in various activities on the platform, such as participating in contests, voting on proposals, and providing feedback on new features.
Overall, Steemit provides a unique and innovative way for content creators to earn money from their work and for users to discover and interact with high-quality content.