Exchange Steem

STEEM Price Live Data

The live Steem price today is $ 0.25 usd with a 24-hour trading volume of $38 747 300 usd. We update our STEEM to usd price in real-time. Steem is up 6.72% in the last 24 hours. The current coinmarketcap ranking is #491, with a live market cap of $119 442 064 usd. It has a circulating supply of 476 695 545 STEEM coins and the max. Supply of 477 095 093 STEEM coins.

What Is Steem (STEEM)?

Steem is a cryptographic money that rewards clients for local area working by posting and upvoting significant substance for other people. Steem was roused from the progress of Reddit where the local area enhanced the investors. Steem means to assist with appropriating the awards to the local area individuals who assist with making the local area in any case. Steem plans to offer different types of assistance to its individuals, for example, a wellspring of organized news, Q&A, work sheets and so forth. The pioneers behind Steem came from BitShares with Dan Larimer required as well.

Steem’s primary stage, called Steemit, is a virtual entertainment network based on top of the Steem blockchain. Steemit is like well known content-driven informal organizations like Reddit and Medium, yet it rewards clients with digital money for their interest. Generally, the more worth a specific piece of content gives to a more prominent number of individuals, the more the people liable for making and arranging that content can earn.

Users cast votes, making a pecking order of content. The more upvotes a post gets, the more it will acquire. The stage likewise considers downvotes, giving members greater adaptability with regards to rating content. Steemit is meritocratic, meaning clients that hold more money can project votes with more noteworthy influence.

The Steemit people group even brings one more support of the table to its clients. D.tube, which is viewed as basically the same as YouTube, is Blockchain based and the clients can understand the contrast between the conventional video distributing sites and D.tube, as how much cash acquired is additionally shown alongside the post separated from likes offers and remarks. The Steemit people group is blamed for posting appropriate items on their distributing site. The incongruity is by all accounts arriving at most elevated levels when the first happy doesn’t get a lot of appreciation and pay than the replicated variants of it."