What Is Steemit? Explain in 1minutes challenge.

●What Is Steemit? Explain in 1minutes challenge.

● Steemit is a social media platform where people can blog and upload content and get financially rewarded for it to via a crypto currency called steem. steem members can upvote posts and comments so that the author can be financially rewarded he also be upvoted. When you upvote a posts which later turned out to be very popular. The payment system is crypto currency which can be sold on trading site currencies.

A fixed amount of steam is produced every day and makes up the rewards that are available for posts and from photos. Project was founded in two thousand sixteen by Ned Scott, and Dan Larimer. Well Stephen is a social media platform site is still in its beta phase but it's sure going to be a big part of the future.

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I wish to you a beautiful day in steemit.