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RE: SBI contest #7 - launching your own crypto?
Ok so I have always wondered how the idea of using steemit as the name came about, did they have a logo first?
If I was to create a crypto it would be much like steemit but directed towards being user friendly. I would just simply name it after my self, “ TheD00k13 “, because I can lol... sending money would be called “Drop A D00k13” but what about receiving? 😅🤣
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Steem is from esteem, which is to show respect and admiration for another. You show this by up voting and interacting on Steemit. It is also a homophone for "steam" which naturally rises, and the hope was for voting to cause the best content to rise to the top, and of course the hope of a rising price for STEEM. The logo came after the word was decided upon. This info is from my memory of things read from the steem team over the last 2+ years of being here everyday.
Interesting crypto token name choice! It worked out well for Green Day so maybe it will be the start of something big for you too. :)
Thanks for sharing. I’ve never read this before.
Thanks for the info, I have wondered about the history of our name and logo seems fitting enough.
Yea everyone needs to have a daily @D00k13 😅 figure it’s a good catch lol it will moon about the same time emoji is recognized as the international language and the poop emoji renamed “TheD00k13” 🤣
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Ha this is great! And I have no idea how the name came about.