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Review on Steem by francis fernandez

Revainrating 5 out of 5

Steem: a way to generate income through your social networks!

Steem is an open source digital platform that has its own virtual currency known by the same name, whose purposes are to become a purely social blockchain that allows its users to share content and earn income based on it.
Currently, Steem is a pioneer project in promoting real applications through the use of social platforms such as Steemit.
The mission of the Steem developers is to ensure that their users obtain fair rewards based on the content they contribute to the platform, changing the traditional scheme where only the large shareholders of the networks obtained fruitful profits for the content.
In this chain of blocks, users are the protagonists and creators and those who control its content.
The Steem website provides a series of utilities for different categories of users, such as:
* It is an open source to access documents that serve as a guide for developers and technology experts.
* Represents a source of inspiration for entrepreneurs that allows you to create applications and promote your content by increasing your social networks.
* Allows e-commerce users to conduct coin and token trading transactions.
* Represents an ideal source of income for regulars of social networks.
The main features that Steem offers are: speed in commercial transactions, a protocol that is easy to adapt to changes in its platform (greater scalability) and a free application thanks to its intelligent broadband system.
Thanks to all its benefits, the applications of the Steem platform have more than 1 million subscribers. A figure that continues to rise rapidly.
Regarding mining; Steem if you accept mining despite not being your main tool to obtain money. Your coin can be traded against other digital currencies on the market.




Pros
  • Allows users to maintain autonomy on the platform.
  • Generate rewards to your content creators users.
  • Make a fair distribution of rewards among your users.
Cons
  • Its value is very volatile thanks to the limited amount of coins available in the market.