Steem Dollars SBD

$0.9305
Market Cap $ 13.134 MM (#248)
24h Volume $ 1.077 MM
Chg. 24h: -2.97%
Algo. score 4.1/5  (#35)
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Steem Dollars project purpose and description

Steem Dollars clarity of purpose

Steem Dollars purpose and aspects

"Steem Dollars (commonly abbreviated SBD) are liquid stable-value currency tokens designed to be pegged to $1 USD. "

Steem Dollars additional differentiation against competition

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Steem Dollars categories

Social mediaDigital currency

Short description

Steem aims to support social media and online communities by returning much of its value to the people who provide valuable contributions by rewarding them with cryptocurrency, and through this process create a currency that is able to reach a broad market, including people who have yet to participate in any cryptocurrency economy.

Abstract

Steem is a blockchain database that supports community building and social interaction with cryptocurrency rewards. Steem combines concepts from social media with lessons learned from building cryptocurrencies and their communities. An important key to inspiring participation in any community, currency or free market economy is a fair accounting system that consistently reflects each person's contribution. Steem is the first cryptocurrency that attempts to accurately and transparently reward an unbounded number of individuals who make subjective contributions to its community.

Link to Roadmap: https://www.steem.center/index.php?title=2017_Roadmap
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