Steemit is a social platform that you can get paid for content creation, curating , downvoting, upvoting and commenting on content. A rewarding system is used to reward both the curator and the reader based on additional value and benefits that they give to the platform.
Steemit is built on top of a blockchain and it deals with both the crypto assets and content. Every post that you create using steemit gives you the chance to gain steemit rewards which are awarded as steem tokens. Content that you create in steemit is stored in the blockchain management and the central authority cannot remove or make changes, all the content is managed by the user.
Users are responsible for regulating plagiarism, useless content and illicit content. Steemit platform rewards come in three different cryptocurrencies that is steem, steem power and steem dollars.
Steem- these are utility tokens that you can use to make exchange. Steem you can also be changed to steem dollars, steem dollar and you can also transfer to another account.
Steem power- steem power is used for increasing the influence of a content creator in the steem network. Increase in steem power increases the value of post and upvotes of the content creator.
Steem dollars- steem dollar is related to USD $ 1 . it unit help content contributor to know how much their been paid for their activities in the platform. Moreover, steem dollars can be transferred to another account.
How to Earn Money
Fast you need to get started
Post content regularly.
Comment on other people's blogs.
Share your blog using other social platform through the steemit.
Interact with people who how do comment on you posts.
How to Get Started
Signup for steemit- you can sign up using the steemit account that is steemit.com. Make sure you create an account by signing up. Steem ensure no fake accounts that are created hence an identity are required to be provided by use of facebook or reddit account. Once you sign up you will get rewarded with $10 which is equivalent to steem power.
Choose social media platform- you a social media platform to login with. Steemit requires you to have a social media to login with. It’s worth noting that steemit does not disclose your personal information to the public or any other person.
Create a story-you can create content content and transfer it to the steemit text editor so as you can submit your story. It is necessary to preview you story before submitting it. Once you see the story is valuable you can know submitting it.
Curate the story- you need steem power to curate you story. Steem power acts as a fuel for your upvotes. Steem can be obtained by either writing content or buy steem