Review on Steem Dollars by LUIS RIVERO R
In general Steem is a cryptocurrency and platform to create content by…
In general Steem is a cryptocurrency and platform to create content by revaluing what is published on the web using the blockchain technology where the content is of quality and will remain forever on the network. I think it's a good way to create the appropriate content on the web, and you still have a lot to get out of this project. I really find it interesting and I could bet that this will have a great future, maybe work as an example for new spaces on the web.
Updated 5 years ago
Rating has not been changed
Token has a real utility and is granted according to how the community interacts with your content.
The waiting time to obtain an account in Steem is extremely slow and to expedite the process it is necessary to pay a commission.
Transactions are free, really quick compared to other assets available in the market.
Compatibility in the creation of Tokens in the side chain in the style of etherium, but the current ones have a focus on web content and social networks.
It is necessary that this list in more markets, is only a crypto step
Pros
- Reward users for creating quality content, also to people who follow this and in this way they are granted different amounts of their virtual currency Steem. It is good to get rewards while creating content that calls the attention of users who surf the net every day and somehow or other come to steemit. Steemit is an alternative to the current platforms that pay for this content as many people prefer to block advertising and this reduces the profits that the publisher should have since their effort and time Valen and with steemit this is revalued. the transactions within the platform are almost instantaneous and zero fees, this makes it a new business model. The distribution of does by means of "upvote" and "I like" and can be integrated to other platforms. More than a year of tests make steemit a robust blockchain network of paid content. Virtually anyone can create their custom token, Create ICOS. etc On your page you can find the necessary information to create any token based on steemit- steem The possibility of transparency in the content that is based on blockchain and gives us security.
Cons
- The process to create a profile in steemit is very slow and it can take months just to create an account, of course this is only for the free version when you pay it is almost immediate and you have already tried both methods. It has an arduous competition The content in some occasions is usually repetitive. The time they give you to generate income are short. Confusion at the time of using the tokens within the platform although it is well explained is somewhat confusing STEEM and Steem Dollar, and STEEM Power. If in 7 days no profit is generated, only information will remain, and all the shared information will be recorded forever in the blockchain.
