Steemit — Hive

Rewards
Post and comment rewards are split 75% to the author and 25% to the curators. A 50/50 split of STEEM Power and liquid tokens are awarded to authors and commenters upon a post's payout. 100% STEEM Power rewards are optional for posts. Post authors can also choose to decline payouts.
Usage and media coverage
As of December 2016, there are more than 120,000 Steem accounts. After an initial public beta for which no payments were made, the hard fork on July 4th, 2016 saw $1,300,000 of STEEM and Steem Dollars paid out to Steemit users. [8]
The exchange rate of STEEM compared to Bitcoin rose continuously during July 2016, peaking at a price of over 4 US dollars. [4] In most of July 2016, Steem had the third largest
market capitalization of all
cryptocurrencies monitored by the website Coinmarketcap.com , reaching a first notable peak at July 20th, with about 405 million US dollars.As of December 19th, 2016 its market cap is less than 38 million United States dollars.
Steemit has been described as a novel and "disruptive blockchain-based media community" by Adam Hayes (Investopedia ) in July 2016.It got media coverage in cryptocurrency- and business-related media.Author
Neil Strauss, a Steemit member, wrote an article for Rolling Stone calling its reward distribution "particularly clever" and echoing the sentiment of its disruptive potential.