Steem project purpose and description

Steem clarity of purpose

Steem purpose and aspects

Social media network on the blockchain, Rewarding content, High scalability, Instant transactions, No Sensorship

Short description

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


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:
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