STEEM AND ITS HISTORY CONCEPT

STEEMIT
Steering this is a Block-Chain, which gives its users the Steem Currency for posting and commenting on creative contents. This is a Company owned by Steemit Inc. Which is a Private Company based in New York USA.

STEEMIT HISTORY
Steemit came into existence on July 4th, 2016, its a company founded by two developers namely Dan Larumer and Ned Scott. Its the first Block-chain built as an application of Steemit.

CHALLENGES
There seemed to be challenges that where tough for the Steemit Community, for on the 14th day of July 2016, the Steemit company was hacked, the incident recorded about 260 accounts prone to the attack and about $85,000 dollars been taken.
Things went from bad to worse when during the drop and crash in cryptocurrency in 2018, steemit faced financial problems which led to the decision of reducing its staff to 30%.

STATUS
Steering is a good and lucrative online platform for students and other individuals to learn about the crypto world and create lucrative contents and make some meaningful profits through Steem.
Steemit has grossed about 1,238,717 users all around the world since it was launched on March 24th, 2016.

CONCLUSION
Steemit has since been a significant figure in the cryptocurrency market.
Steem met an all time high at the early weeks on April 2021, its been a crypto that has caught the eye of potential investors, which is why Steemit is a helpful Company that allows its users get free Steem coins when posting lucrative contents on the Steemit.

Thank you all for your encouragement

CC.. @cryptokannon
Cc.. @booming02
Cc.. @steemitblog

We grow by lifting others