How steem works?

Everything you need to know about Steem (STEEM), a social-media network powered by the blockchain.
Steem represents a fusion of ideas, drawing from both social media and cryptocurrencies to create a new kind of perform . Anybody can create, share, or upvote content on the Steem network, earning cryptocurrency tokens based on performance within the community.

Here’s how it works:

Fundamentally, the more value a particular piece of content provides to a greater number of people, the more the individuals responsible for creating and curating that content can earn.

Users cast votes, creating a hierarchy of content. The more upvotes a post gets, the more it will earn. The platform also allows for downvotes, giving participants more flexibility when it comes to rating content.

Steemit is meritocratic, meaning users that hold more currency can cast votes with greater influence.