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Abuja
1 Level
443 Review
750.75 Karma

Review on Steem by Amos joseph

Revainrating 4 out of 5

Steem

Steem
I've personally been using steemit hive platform for couple of months now, it's a recommended platform for all interested users to make passive income by writing good quality articles.
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Steemit is an open source decentralized blockchain project with three type of token which can be earned from writing article Steem, SBD and tron.
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Interestingly steemit and tron blockchain platform made a huge announcement of integrating tron on their community which mean users can earn additional token like steem from writing.
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Users on the platform can earn from different strategies
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curation: this can be done either manually or by automatically curating on other communities when you curate by following other communities you earn additional steem power from curation made by those community
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Delegation: using your steem power earning from curation and voting users can delegate their SP and earn additional steem.
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Voting: when users vote on other authors content some percentage of the author reward will be distributed to those who vote on his post.
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Content writing: generally by writing content authors get rewarded.
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steemit is a recommended platform I'd commend interested users to use the platform it's actually paying good reward I've actually made fortune from steemitblog it's listed and traded on several exchange Poloniex exchange being a key partnering exchange platform for making steemit token transaction.
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Interestingly being a decentralized blockchain project users are in control of their account and personal information loosing your steemit key will be very difficult for user to retrieve their account so all keys most be kept safe and not shared.

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Pros
  • Open source decentralized content writing and curation blockchain project
  • Multiple ways of earning on steemit like curation, delegation, voting, and staking
  • Has three different platform token for rewarding it's users steem, SBD and tron
  • Major exchange for trading steemit token is Poloniex exchange
  • Decentralized platform users are in control of their account
Cons
  • Steemit platform need much persistence in other to get rewarded need much hardwork
  • New users easily get discouraged