Steem

steem

Steem is a pioneering SocialFi blockchain designed to empower communities and enable immediate revenue streams for users by rewarding them for sharing content. Unlike traditional social media, Steem flips the model, making content creators platform stakeholders who earn cryptocurrency rewards for their contributions while maintaining control over their data. This fast, free, and scalable blockchain is engineered to power real applications, handling more transactions than Bitcoin and Ethereum, with processing occurring every 3 seconds. The Steem ecosystem, which is already used by over 1 million people across more than 324 Steem-based apps, introduces Smart Media Tokens (SMTs). These native digital assets on the steem blockchain act as STEEM-like tokens that can be integrated into web applications to incentivize user participation and growth.

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