Review on Steem by Eve Vallenilla

Since the appearance of the first social interaction platform in the world, the increase in the volume of followers and the creation of new social networks has been unstoppable.

However, for a long time the loyalty and contribution of these users to such interactive networks have not been valued or recognized, even though, thanks to the content provided by social platforms, they increase their popularity and prestige worldwide. Steemit through its digital protocol Steem, intends to make a contribution to this act of injustice.

How does Steem solve the problem?

The creation of Steemit as an interactive social platform, provides the opportunity for the followers of its network to be valued for the valuable content they share on the network, allowing them to monetize this digital material in exchange for the granting of rewards in Steem cryptocurrencies.

Thanks to the use of the Steem cryptographic protocol, anyone in the world will be rewarded with digital assets for the contribution they make to the platform, in the form of valuable virtual content.

Users of the Steemit platform may also choose to keep their digital assets in an investment fund to earn returns.

Another way to generate income is to refrain from delivering digital material by negative voting to obtain points.

What particular properties can be highlighted from this social infrastructure?

• The Steem currency, one of the three used in the Steemit network, has the property of being able to be used outside the Steemit network, either to participate in exchanges of other digital assets or for conversions of different currencies. It is also used to generate periodic returns as we have already mentioned before, when the funds are held for a quarter.

• Platform with easy user interface to provide audiovisual content