Steem also called the Smart Media Token on steem chain that used for theirโฆ
Steem also called the Smart Media Token on steem chain that used for their users in reward system.
STEEM is worth to invest, beside you can actually own SBD that backed it up by USD.
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Pros
Steem is the cryptocurrency reward for steemit.com platform as the blockchain social media that paid its users in contributing qualified content. Actually, steem network run on STEEM-CHAIN as the main explorer for all their transactions. STEEM succeed in attracting public crypto enthusiast in participating within their site (social media dapp) as decentralized app steemit offer its users the reward for the content they provided through the systimized alikes reddit (upvote/downvote).
You can easily collect the STEEM through joined within steemit by providing some content (blog, pictures, video, & etc.) Actually the highest prices of steem recorded on january that hit for about $8-11 USD. The achievement of steem later than adopted by some of other its conpetitors. Beside, there are another STEEM token named SBD (STEEM DOLLAR) that backed up by USD.
Cons
In buying/withdrawl steem you must be aware in filling the address, caused steem address required both Address and memo.
Steem is fluctuates, beside SBD is backed up by USD.