Question #1 "What is Steemit?"
I am a newbie here and I have yet to discover more about this social media platform.
There are lots of question running through my mind and I hope the early users of this blogging and social networking site can help me understand more what Steemit really is about. Although I have a read a few articles about it and have done a background check, I do believe that the explanation coming from the users of this platform could really help me better understand how to do things here.
Hoping for some helpful response and insights about your experiences here on Steemit. Thank you! :)
Steemit is a blogging site, where you post blogs, and if noticed and commented on you can get upvotes, which will pay you a little bit of money.
The place is really controlled and owned by the "Whales". That is a term of the accounts that have $1,000,000 or more of STEEM currency.
When a whale votes for your post, that might be worth $100
When a minnow such as myself votes for one of your posts, that might be worth $0.01
The site is a lot like real life. If you are in the clique of a group of powerful whales, you can do very well.
If you are a minnow swimming along, you will collect pennies.
If your posts have good content and you develop a following, you can grow into a dolphin and eventually a whale.
Takes a lot of time and personal intensity to even imaging that outcome
Thank you for replying. You really did help me better understand the basics and the hierarchy of this blogging site.
welcome to steemit @jcatalyst, best regards..
hopefully you feel at home here. 😊
Thank you @devsuraj :)