How does Steemit work?steemCreated with Sketch.

in steemit •  7 years ago 

Seriously though....how does this make money?

And how will SMTs generate value?

It all seems very inflationary.

Image

steemit how crypto learn
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    4 votes
    1
    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:  
  • Trending
    • [-]
      ·  7 years ago 

    Have you watched these from @ned -- basically STEEM bandwidth and increasing utility (economic and influence) of SMTs generated from ICOs?

    https://steemit.com/steem/@ned/explainer-value-flows-on-steem-with-smts-video

    Provides some answers but raises more questions...

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      1 vote