Steemit Recognizing Contribution

Steem is designed from the ground up to address the major barriers to adoption and

monetization of a social media based economy. Our thesis is that the same techniques used

to grow major social media platforms can be used to bootstrap a successful cryptocurrency.

Economic incentives enabled by cryptocurrency can dramatically facilitate the growth of a

new social media platform. It is the synergy between cryptocurrency and social media that

we believe may give Steem a powerful advantage in the market.