Steem STEEM

$1.50
Market Cap $ 398.215 MM (#37)
24h Volume $ 3.312 MM
Chg. 24h: -3.69%
Algo. score 3.6/5  (#103)
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Steem project purpose and description

Steem clarity of purpose

Steem purpose and aspects

Social media network on the blockchain, Rewarding content publishers, High scalability, Instant transactions

Steem additional differentiation against competition

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Steem categories

Social mediaMedia & publishing

Short description

Steem is a blockchain-based rewards platform for publishers to monetize content and grow community.

Abstract

Smart Media Tokens (SMTs) is a proposal to build a consensus-level token issuance protocol on the Steem blockchain. Inspired by the revolutionary properties of the STEEM token, including automatic distributions to content creators, SMTs will be an upgrade beyond previously created blockchain token issuance protocols due to carefully designed token sale programmability, automated liquidity providers, decentralized token markets and dynamic token distribution parameters, as well as a large ecosystem of tools (open source wallets, shared key signing tools, etc.) for integrations at website and application layers.

Link to Roadmap: https://steemit.com/steemit/@steemitblog/steemit-2017-roadmap
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