If you're not:
TL;DR: the steemit system is basically like a stock that pays dividends. The 'stock' is the value of your social media, both YOUR value, and value you create in the platform. When you post, giving your value AND the value of the people reading your posts, dividends are payed out.
You know how Facebook's valued at 500 billion, and has more money passing through it? On this platform we get that money.
if you're looking for way too fucking much info:
https://steemit.com/steemit/@calamus056/curation-rewards-explained-in-great-detail
If you're not:
TL;DR: the steemit system is basically like a stock that pays dividends. The 'stock' is the value of your social media, both YOUR value, and value you create in the platform. When you post, giving your value AND the value of the people reading your posts, dividends are payed out.
You know how Facebook's valued at 500 billion, and has more money passing through it? On this platform we get that money.
that link is pretty helpful
I'm glad to hear that! Best of luck. :P
Curation rewards and promoting the ecosystem in general?
The more you support the community, the more it will support you!
So it's like the free market, except it works.