Steemit is a blogging and social networking website that uses its Steem blockchain-based rewards platform for publishers. The Steem blockchain produces Steem and Steem Dollars which are tradable tokens obtained for posting, discovering, and commenting on content.
Steemit Lays Off 70% of Workforce, Hard Times Ahead
Blockchain-based social media platform Steemit is facing a crisis.
Decentralized Social Media Platform Steemit Lays Off 70% of Staff Following Market Crash
Social networking platform Steemit is laying off more than 70 percent of its staff due to the cryptocurrency market crash, and is beginning a structural reorganization, according to a Nov. 28 video post by Steemit CEO Ned Scott.
Steemit Lays Off 70% of Its Staff, Citing Crypto Bear Market
Blockchain startup Steemit has laid off close to 70 percent of its staff, citing the prolonged bear market for cryptocurrency.
When Blockchains Go Down: Why Crypto Outages Are on the Rise
Steemit allows content creators to earn crypto - at least, crypto that's native to the Steem blockchain, of which there are three - for popular posts.
Governing Decentralization: How On-Chain Voting Protocols Operate and Vary
This is called on-chain governance, a formalized way in which a group of people can make changes by voting through the protocol.
Blockchain Network Takes on 'Flawed' Steemit by Offering Lifetime Earnings to Creators
A blockchain-based company is launching a content rewards platform that compensates creators - and says its platform boasts compelling advantages over "Exploitative" mainstream rivals, all the while addressing flaws in other crypto-driven sites which offer a similar concept.
Introduction to Steem: A Blockchain Designed to Tokenize the Content Web
Steem is the lifeblood of Steemit, the contagiously popular media platform that rewards its users for posting content.