SOME OF YOU ARE JUST MEMBER OF STEEMIT TO EARN MONEY YOU DON'T KNOW WHAT STEEMIT EXACTLY A WORD STEEMIT HIS .. FROM EXAMPLE IF THEY ASK YOU OUTSIDE THAT WHAT IS STEEMIT ? , TELL US EVERYTHING ABOUT STEEMIT ? ,
HOW WILL YOU PROVE YOURSELF ?
MOST PEOPLE SAYS IT IS ONLINE ONLINE MONEY MAKER SOME SAY IT IS A BLOG WHEN YOU POST THE WILL GIVE YOU MONEY BUT @harris2017 want to prove all the answer wrong
STEEM POWERS SMART MEDIA TOKENS
Steem is a blockchain based rewards platform for publishers to monetize content and grow community
Approx . USD reward paid since june 2016 $227,28,958
What are smart media tokens?
An SMD is a native digital asset of the steem blockchain . SMTs can be launched to anyone to help monetize online content and create incentives to encourage desired users behavior .
SMTs are like Ethereum's ERC-20 tokens, but with certain built-in 'Proof-of-Brain' properties and a token distribution reward system designed speciffically for digital content businesses
'Proof-of-Brain' Community Incentives
'Proof-of-Brain' is a type of token reward Algorithm that encourage people to create and curate content
It enables tokens to distribute by "Upvote" and "like"-base algorithm and can be integrated with website to align incentives between application owners and community members to spur growth.
Faster than Bitcoin and Ethereum, with no fees
Running rewards-based decentralized social network required new advances in blockchain technology. Steem is a next generation blockchain, uniguely designed to run real-time applications with near instant instant, fee-free transaction.
Steem as been battled-tested over the last 18 months, already processing more transaction per second than Bitcoin and Ethereum.
A blockchain designed to tokenize the content web
The first application on steem
Steemit- a social network that pays its
community
Steemit is a blogger platform with i'ts own SMT called STEEM . these tokens are distributed to content creators and curators daily as rewards, base on community voting.
They built Steemit on Steem to show the world the future of the web. They built it to inspire new digital content business models and apps by entreprenuers and developers.
Reward paid
$22.7m
User account
334.25k
Monthly post
234.23k
Monthly comments
600.46k
The Social Network Doling Out Millions In
Ephemeral Money
"Steemit is a nascent social medial platform.. It rewards it users with cold, hard cash in the form of a Cryptocurrency. Everything that you do on Steemit-- Every post, Every comment, And every like-- translated to a fraction of a digital currency called Steem. Over time , as Steem accumulates, it can be cashed out for normal currency."
For better understanding you can check through this link https://steem.io/#0
OUR AMAZING COMMUNITY
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Very informative post
Very crucial post. For me,when I introduced STEEMIT to my friends,they all believed that it is just a fast way to earn money just like MMM but i told them how it has worked for me. I told them about it in my own understanding and how it helps people gain much knowledge
Thanks @harris2017 for so much clarity
Wow, thanks for this, I was introduced to Steemit in his glory days where 1sbd was 4-5k, so it looks like a get rich quick scheme.
But now I know patience and consistency is the key.
Well detailed write up.
The motto that was been working for me since I joined steemit is: come for the money, stay for the community
The details u supported the write up with got me like wow, good job man
You really did aalot here
Nice breakdown, learnt alot
Good work.