Steem is a blockchain-based social media platform that rewards users for creating and curating content. Launched in 2016, it allows participants to earn Steem tokens by posting, commenting, and upvoting content. The platform uses a unique consensus mechanism called Delegated Proof of Stake (DPoS), where users vote for "witnesses" who help validate transactions and secure the network. Steem's focus is on decentralizing content creation, allowing users to monetize their contributions without relying on traditional advertising models. It supports various dApps, including blogging, gaming, and financial applications, all powered by the Steem blockchain.
PoW or PoS (additional information required if PoS): Hybrid PoW/PoS. Sudden shift to PoS by hardfork.
Project website: https://steem.com/
Telegram link: NA
Discord link: NA
X link: https://twitter.com/SteemNetwork
Coingecko link: https://www.coingecko.com/en/coins/steem
Coinmarketcap link: https://coinmarketcap.com/currencies/steem/
