Steem is an open-source social blockchain platform aimed at encouraging content creation and sharing on decentralized social networks. It monetizes user-generated content and minimizes the need for ads and data selling. Content creators are rewarded directly for their contributions. The first app built on Steem was Steemit, launched in 2016. Since then, over 60 applications have been developed by social media developers. Steem is scalable, making it suitable for widespread use. It has its own liquid currency called STEEM, which is used within the community for rewards and transactions. Content creators and social interactions are rewarded with STEEM tokens. The platform also includes other assets like Steem Power (SP) and Steem Dollars (SBD). STEEM is the main currency of the blockchain, w...
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