I've submitted a pull request with three FAQs that I think most people will probably ask first before any other. Mostly people unfamiliar with the Steem ecosystem. These are just the first three and I am working on even more (more than five other ones at this time, but more will come out with time)

I've tried my best to answer these in ways that inform people unfamiliar with cryptocurrencies and Steem. For them to get more information, I've also included links to the steem.io website (which I really want to contribute to, but I'm still waiting for the new files to be uploaded so I can start making pull requests).

---

The questions

• What is Utopian?
• ‎What is Steem?
• ‎Where do the rewards come from?

What is Utopian?

Open Source software has always been associated with voluntary work by individuals across the world who don't necessarily get paid for all their hard work. This software runs on every device, website and application you can think of. It is often created by volunteers, hobbyists and enthusiasts who selflessly dedicate their time and effort to the cause.

Utopian is building an open source economy, in which the people who make valuable contributions to open source software projects get rewarded for their hard work. Built ontop of the Steem blockchain, Utopian uses the wisdom of the crowd to reward valuable contributions. Project owners and other contributors all get to decide how rewards are distributed through voting or liking individual contributions, and they also have the option to support contributors directly by paying them in a cryptocurrency called STEEM, which can easily be traded for other cryptocurrencies such as Bitcoin and Ethereum.

What is Steem?

Steem is a next-generation blockchain that supports social media applications and their content. It uses a unique Proof-of-Brain mechanism that utilizes the wisdom of the crowd to reward people who make valuable contributions to their respective communities. Its native currency is called STEEM and it is the currency that Utopian contributors are rewarded in.

Learn more about Steem

Where do the rewards come from?

Steem's economic model allows for the creation of new tokens (or units of currency) at a predefined inflation rate of around 9.5% per year, going down by approximately 0.5% every year over the next twenty and a half years, until it reaches a 0.95% yearly inflation rate . These new tokens are distributed continuously to people performing actions deemed valuable by their communities through community voting. In the case of the Utopian community, as project owners, fellow contributors and other people with vested interests in open source software development "upvote" or "like" contributions, they have a say in how these new tokens are distributed, in direct relation to their stake in the Steem ecosystem (i.e. how much Steem Power they have). The more Steem power they have, the more rewards they can give to contributors.

Contributors are able to redeem their rewards seven days after the post or contribution has been published.

Learn more about the Steem ecosystem

---

Open Source Contribution posted via Utopian.io

---