Are you a content creator, blogger, vlogger, ulogger, or any other niche of online creator?
If one of the above describes you and you have not heard of Steemit.com, you are missing out! Of course, those who simply like to read and comment are also warmly welcome. However, if you are creating content on Facebook – how much can that earn you? Nothing. Nada. Zero.
WHAT IS STEEMIT?
Steem provides a scalable blockchain protocol1 for publicly accessible and immutable content, along with a fast and fee-less digital token (called STEEM) which enables people to earn the currency by using their brain (what can be called “Proof-of-Brain”). The two building blocks of this protocol, both blockchain and token, depend on each other for security, immutability and longevity, and are therefore integral to each others’ existence. Steem has been successfully operating for over a year, and has now exceeded both Bitcoin and Ethereum in number of transactions processed. via: https://steem.io/steem-bluepaper.pdf
THE STEEM BLOCKCHAIN IS A BATTLE-TESTED BEAST!
So, what is the big deal with Steemit?
Steemit.com is a social sharing platform where users can create, share, and engage with the Steemit community and earn rewards for that activity. It really is that simple, however, there is much to learn if you wish to truly succeed on Steemit.
Rewards are distributed from a reward pool and the amount of reward you receive is based upon the voting weight of the users who upvote your content. There are three types of rewards you will earn on Steemit:
STEEM – a liquid cryptocurrency token that is freely tradable and free to transfer within the network.
SBD – (Steem Backed Dollars) – a liquid cryptocurrency token that is freely tradable and free to transfer within the network. Intended to be pegged to $1 USD, however, the market has driven the price to a high of $18+ USD in early 2018.
STEEM POWER – a vested token of STEEM which is what gives the user ‘voting weight’ (more SP, more power to reward on the platform). STEEM POWER is vested/locked in and can be powered down over the period of 13 weeks.
You can see above how the post earned $20.87, pays out in 19 hours, and you can see how those rewards are allocated in STEEM, SBD, SP.
Each post has the potential to earn for 7 days from the time it is posted. Because of the way the reward system is structured, voters get curation rewards (rewards for voting on content) and that tends to translate to more voting early and far less voting on posts nearing 7-day payout. You find much more in-depth details by reading the resources below:
STEEMIT BLUEPAPER – https://steem.io/steem-bluepaper.pdf
STEEMIT WHITEPAPER – https://steem.io/SteemWhitePaper.pdf
MORE ON THE WAY… SMT Coming!
Read More About SMT HERE: https://smt.steem.io
There is a queue for sign-up, but it is a growing community with so much coming that it might be well worth the wait.
ALREADY ON STEEMIT? FIND ME @ https://steemit.com/@grow-pro
VISIT THE WELCOME PAGE TO EXPLORE STEEMIT PRIOR TO SIGNING UP:
• DEVELOPERS CAN ACCESS THE DEV PORTAL HERE: https://developers.steem.io/
• STEEMIT IS HIRING – MORE DETAILS HERE: https://jobs.lever.co/steemit
WANT TO SEE THE 380+ Apps / STEEM PROJECTS?
You can find the entire list at https://steemprojects.com/ to learn more about awesome interfaces, tools, explorers, and more. Some great interfaces like https://busy.org/ and https://utopian.io/ have really shown the potential of the Steemit Blockchain. See the full list via https://steemprojects.com/categories/social-media/ to find hundreds more great tools and apps.
It is an exciting time to be on Steemit.com, a beta that has seen 2 years of use and is faster than BTC and ETH while also remaining FEE-FREE for transactions on the blockchain. With updates coming like HF-20, HIVEMIND, SMT – there is certainly reason for excitement. If you’d like to learn more about how you can sign-up and succeed on Steemit, please feel free to comment below. Don’t forget to find me on there once you have signed up! SEE MY STEEMIT BLOG HERE.