Steemit is a blockchain-based blogging and social media website. Users can gain a cryptocurrency, STEEM, for publishing and curating content. The company is owned by Steemit Inc., a privately held company based in New York City and a headquarters in Virginia.
On July 4, 2016, Steemit, Inc., a company founded by Ned Scott and blockchain developer Daniel Larimer|Dan Larimer, launched the social media platform Steemit as first application built upon Steem blockchain.