What is Steem?
Steemit is really a new social networking platform built on the Steem blockchain where in actuality the community rewards individuals for their posts, comments and votes, co-founded by Ned Scott, CEO, and Daniel Larimer, CTO of Steemit and founder of Bitshares.
Underneath the hood of Steemit.com there's the tradeable cryptocurrency token, called STEEM.With Steemit.com, posts, comments and votes are immutable. Attribution is really a given. Accreditation isn't taken for granted. And community appreciation can be a real monetary reward.