Steemit is a blockchain-based social media platform that rewards people for creating content. It is a place for individuals where they can create content, promote the content they deem good, comment on others stories and all this while earning money, sometimes thousands or even tens of thousands of dollars for single posts.
Steemit is a brainchild of Daniel Larimer, founder of BitShares, and Ned Scott. It has been built on the technology developed by Larimer called as Graphene, which is used for the successful deployment of application-specific blockchains.
So, Steemit comes as an innovative social network that rewards people for their contributions, irrespective of their race, religion, gender, or any other bias. It aims to build a “small town” community where residents are awarded for their time, effort, and creativity. It is done through digital points called “Steem.”
One of the unique features of Steemit is that it combines aspects of Facebook, Twitter, and blogging to make way for site users to get monetary benefits.
Steemit is a social network that resembles a lot like Reddit, but with one “Huge” difference:
With Steemit, not only content creators get paid when their work gets upvoted, but also people who go on to curate the best content on Steemit by upvoting others work.
The Steemit platform uses a new type of digital currency (Steem), much like Bitcoin which is another very popular digital currency. Every day some new units of this currency are created by the Steemit platform and are distributed to the users. These digital currency units can be exchanged for actual real money.
Best of all, it doesn’t cost a dime to get started with Steemit.
You can create your user account for free on Steemit, and get going by publishing your content directly within minutes to Steemit by using its built-in blogging & publishing tools.
So, Steemit proves one of the best social news platforms that pay users with digital currency (Steem) for posting and upvoting good content.
One of the unique features of Steemit is that it combines aspects of Facebook, Twitter, and blogging to make way for site users to get monetary benefits.
Steemit is a social network that resembles a lot like Reddit, but with one “Huge” difference:
With Steemit, not only content creators get paid when their work gets upvoted, but also people who go on to curate the best content on Steemit by upvoting others work.
The Steemit platform uses a new type of digital currency (Steem), much like Bitcoin which is another very popular digital currency. Every day some new units of this currency are created by the Steemit platform and are distributed to the users. These digital currency units can be exchanged for actual real money.
Best of all, it doesn’t cost a dime to get started with Steemit.
Making Money with Steemit
So, Steemit proves one of the best social news platforms that pay users with digital currency (Steem) for posting and upvoting good content.
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