Steemit Social Media Platform Pays Its Users, Sees Massive Growth
Steemit, the new social media platform that rewards its user base with cryptocurrency, has been growing exponentially since its inception. The company has revealed that over the course of its first month membership has grown by 1,600%, all the while using its blockchain-powered platform to pay users for posting content. Steemit ‘Creating and Curating....
Related News
Blockchain-powered social media platform Steemit, a new novel experiment in social media that sees users rewarded in the token cryptocurrency Steem has been the target of a cyber attack. Steemit, a new social media website that has grown tremendously since its launch two months ago has seen its token cryptocurrency Steem’s value explode over the past week. The digital currency now sits third in the cryptocurrency market value charts with over $360 million at the time of publishing, only after Bitcoin and Ethereum. Speaking to CCN earlier, Steemit CEO Ned Scott described the platform as....
Social media is a major component of the Internet and has already transformed how humans communicate and interact. Looking to take things to the next level, a few projects are trying to combine social media with the blockchain. Steemit. Blockchain-based social media platform Steemit has gained quite a following in the past few months. The project was....
The social media website Steemit that’s similar to Reddit has just announced it has distributed $1.3 million USD in the platform’s native cryptocurrency Steem. The website’s user base will have a lot more digital currency to earn just by posting original content on the decentralized platform. Steemit Users Rewarded. On July 5, the Steemit (steemit.com)....
Steemit, a new social media platform where everyone gets paid to post online, has been released in beta. In the age of multiple social media platforms, many of them entrenched players, how will new users react to Steemit? Steemit is a relatively new company, founded in early 2016 by Ned Scott and Daniel Larimer. Ned Scott earlier worked for Gellert Global Group, a family-owned private equity group which holds many North American food companies. Daniel Larimer is the founder of Bitshares, which has the 11th largest market capitalization amongst all cryptocurrencies. Steemit is powered by....
Blockchain-based social network, Steemit, recently hit 100K users within its first 5 months of operation. It has also acquired 500K monthly unique visitors from all over the world with its unique blogging platform that rewards contributors. Steemit growth similar to Reddit. Ever since Steemit launched in summer, 2016, it has gained a lot of popularity by its bloggers and curators while in beta with its goal to “redefine social media.” This is mostly due to Steemit’s popular system of rewarding people for voting and posting content on the platform with its own coin, Steem. Some are even....