Did you know, what is #steem?

Steem is a blockchain-based platform designed for social media and content creation. It was developed to reward users for their contributions to the network, such as posting, commenting, and curating content. The native cryptocurrency of the Steem blockchain is also called Steem (STEEM).Here are some key features of Steem:

1. Content Monetization: Users earn Steem tokens for their activity on the platform, such as creating posts or curating content.

2. Decentralization: Steem operates on a decentralized blockchain, which means no single entity controls the platform.

3. Community Engagement: The platform is designed to foster community interaction and engagement, with users voting on content to determine its value.

4. Scalability: Steem's blockchain is built to handle a high volume of transactions, making it suitable for social media applications.

Steemit, the most well-known application on the Steem blockchain, functions similarly to a blog or social media site, where users can post content and earn rewards based on the community's votes.