Steem: A Deep Dive into the Social Blockchain

Steem: A Deep Dive into the Social Blockchain
Introduction
Steem is a blockchain-based cryptocurrency designed to reward users for creating and curating content. Unlike traditional social media platforms where corporations capture most of the revenue, Steem was built to distribute rewards directly to users. Launched in 2016, it quickly gained attention for merging social networking with blockchain technology.
What Is Steem?
Steem is the native cryptocurrency of the Steem blockchain, a decentralized network focused on social media and content publishing. It enables users to earn crypto rewards by posting, commenting, and curating content on platforms built on the Steem ecosystem.
The most notable platform powered by Steem was Steemit, which functioned similarly to Reddit but rewarded users with cryptocurrency instead of karma points.