steemit

in #steemit5 years ago

Steemit is a blockchain-based blogging and social media website, which rewards its users with the cryptocurrency STEEM for publishing and curating content, and is owned by Steemit Inc., a privately held company based in New York City and a headquarters in Virginia.
Contents

Operating Principle

Steemit is designed as a decentralized application (DApp) built upon the Steem blockchain, using the eponymous cryptocurrency STEEM to reward users for their content. By voting on posts and comments, users get to decide the payout of those posts. Users also get so called "Curation Rewards" for finding and upvoting content that gets upvoted by other users afterwards
History

On July 4, 2016, Steemit, Inc., a company founded by Ned Scott and blockchain developer Dan Larimer, launched the social media platform Steemit as first application built upon Steem blockchain.

On July 14, 2016, Steemit announced on their website that they were hacked. The attack, according to them, has compromised about 260 accounts. About US$85,000 worth of Steem Dollars and STEEM are reported to have been taken by the attackers.

In March 2017, Dan Larimer stepped back as Steemit's Chief technology officer and left the company

With the STEEM price dropping during the 2018 cryptocurrency crash, Steemit faced financial difficulties and had to laid off 70% of its staff.
On January 22, 2019, Steemit announced structural changes in their leadership team. Former CEO Ned Scott was named Executive Chairman, Elizabeth Powell, the former Head of Communications & Advocacy was named the new Managing Director

Where does this money come from, and how can you get started making money for your writing on Steemit? I hope to show you the basics in this post.

Before I get started keep the following in mind:

It will never be easy to make money writing if you aren’t a good writer. Writing on Steemit will not get you rich quick. I have been working on writing and building my platform for fourteen years now, and I have been writing on Steemit for a year. Maybe you’re more talented than me, or can learn a way to do it faster, but I caution you that if you aren’t willing to put in the work, you will be wasting what time you do put in
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Congratulations @kirtoragk! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made your First Vote
You got a First Vote
You made more than 10 upvotes. Your next target is to reach 50 upvotes.
You received more than 10 upvotes. Your next target is to reach 50 upvotes.
You made your First Comment

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

New japanese speaking community Steem Meetup badge
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

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