Steem Dollars (STEEM) - cryptocurrency review
Steem Dollars (STEEM) - cryptocurrency review

Steem Dollars (STEEM)

Rank: #62

Our Review
5
Real-world utility
1
Market Cap
4
Investability
decrptd review 3.3 / 10
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Steem Review

Steem is a blockchain-based social media platform where anyone can earn rewards by posting, commenting and curating content. Steem Dollars are tokens which users…

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Steem Dollars (STEEM) – cryptocurrency review


Steem is a blockchain-based social media platform where anyone can earn rewards by posting, commenting and curating content. Steem Dollars are tokens which users obtain for participating on Steem by posting and commenting on content.

The model in use of Steem is new. And it’s interesting. A decade on from the mainstream adoption of Social Media, we’ve seen ever incarnation of marketers using (and manipulating) user generated content to achieve commercial outcomes.

Many argue that this has resulted in a world filled with low-quality content. Incentivising participants with financial rewards is a new approach; and given that some posts have generated over $1000 for their authors, it seems there is a genuine place in the market for Steem.

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