What is Steemit?

The founders of Steemit are Ned Scott and Dan Larimer. To earn money from the Steemit platform, you have to create posts on Steemit forums that are interesting and engaging. Users who like your posts will 'Upvote' them which will generate a percentage of revenue for you in the long run. The amount of money a user can earn depends on their voting power. Steemit is an American blockchain-based blogging and social media website. Users can gain a cryptocurrency, more specifically STEEM, for publishing and curating content (i.e. posts). Users can also be rewarded with STEEM based on their comments. STEEM: The primary asset of the Steem blockchain, STEEM is used as the block reward for its DPoS validators, with the majority of newly minted STEEM being dedicated to a pool for curation and content-related rewards. STEEM is the unit of account and cryptocurrency of the Steem blockchain.