The Steem project (also called Steemit) is a social network created on the basis of the blockchain. The project was founded in 2014 by Dan Larimer and Ned Scott.
Steemit has several features that make it unique:
- Decentralization, which means the lack of control over the system, which greatly distinguishes the platform from competitors like Reddit or Facebook, where the owners can delete content at their discretion.
- On the Steem platform, content creators can earn Steem crypto coins and store currency on an official Steem wallet
Nowadays, Steem is one of the most popular decentralized social networks.
Today Steem price is 0.5944 USD. You can buy STEEM coin at StealthEX exchange with a low fee.