A content creator recovers 75% of the amount generated by the votes it has managed to obtain. The remaining 25% goes to the curators, that is to the people who participated in the promotion of the content to help it to go back in the trends of the moment.
The Steem is the virtual currency of the Blockchain, it is tradable on any usual platform, like Bittrex or Poloniex. Once your Steems sent to the Steemit platform, you will need to convert them to Steem Power to be active on the platform and vote for the contents of others. The more a member of the community owns Steem Power, the more his votes will pay the authors. For example, 1000 Steem Power can give 10 cents per vote. By paying curators, Steemit encourages members to be active on the platform and to vote for quality content.
This type of operation completely eliminates third parties and allows a fair remuneration of active creators on the platform. Ultra-innovative, Steemit may be the Blockchain that will save the job of journalist.
STEEM will be the best cryptocurrency you can own! It has a real value! In 5 years everybody will want it!
Thanks for explaning this in a concise way.
I am sure this will help many newcomers.
Thank you for sharing this post.This is very helpful post
hi brother what a good post, minwbooster returned the vote because he did not do it with me, besides good post, if you can answer please