Steemit is a blockchain based social media platform that rewards people who join and create content for steemites. This is a place for individuals where they can create content, promote content that they think is good, comment on stories or other people's content and all of this while making money, sometimes thousands or even tens of thousands of dollars for one pos
Steemit is a platform initiated by Daniel Larimer, founder of BitShares, and Ned Scott. This has been built on technology developed by Larimer referred to as Graphene, which is used for the successful application of application-specific blockchains.
So Steemit exists as an innovative social network that rewards people for their contributions, regardless of race, religion, gender, or other biases. It aims to build a "small town" community where residents are rewarded for their time, effort and creativity in presenting content. This is done through digital dots called "Steem."
One of Steemit's unique features is that it combines aspects such as Facebook, Twitter and blogging to provide a way for site users to get monetary benefits.
Steemit is a social network that is very similar to Reddit, but with one "big" difference:
With Steemit, not only do content creators get paid when their work gets votes, but also the people who make the best content on Steemit by updating other people's work.
The Steemit platform uses a new type of digital currency (Steem), as does Bitcoin which is another very popular digital currency. Every day several new units of this currency are created by the Steemit platform and distributed to users. This digital currency unit can be exchanged for actual real money.
The most interesting thing is it doesn't cost a dime to get started with Steemit.
You can register and create a free user account at Steemit, and get started by publishing your content directly in minutes to Steemit using the blogging tool & publishing your content.
So, Steemit proves one of the best social news platforms that pays users with digital currency (Steem) to post and improve good content.