KNOW ABOUT STEEMIT

in #steemit • last year

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Steemit is a blockchain-based blogging and social media website. Users can gain a cryptocurrency, STEEM, for publishing and curating content. The company is owned by Steemit Inc., a privately held company based in New York City and a headquarters in Virginia.

Steemit is designed as a decentralized application (DApp) built upon the Steem blockchain, using the eponymous cryptocurrency STEEM to reward users for their content. By voting on posts and comments, users get to decide the payout of those posts.

You can also earn STEEM simply for upvoting a post: The earlier you upvote a post that later gains a lot of upvotes, the more you earn as a “curator.” When you see an estimated dollar amount on a Steemit post, that is the amount of STEEM (in USD) that will be distributed to the author and curators.

Steemit is a blockchain-based rewards platform for publishers to monetize content and grow community.

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