Steem ( STEEM ) is a Digital Asset which is categorized as a Cryptocurrency Coin and is Not Mineable Digital Asset. Steem ( STEEM ) Latest Price in USD is $0.343528 with a Loss of (-0.17 %)
in last 24 hours.Steem ( STEEM ) 24 hours Trade Volume in USD is $1,299,692. Steem ( STEEM ) Market Capitalization in USD is $108,428,364. Steem ( STEEM ) has a Circulating Supply of 314,431,198 STEEM with a Max Supply of 331,405,292 STEEM . Steem ( STEEM ) All Time High (ATH) Price in USD is - which was on - . Steem ( STEEM ) is ranked #47 by Market Capitalization with a market dominance of 0.08 . Most Traded pair of Steem ( STEEM ) is - on - Exchange with a 24 hours trade Volume of - which is 00.00% of total trade volume reported on - Exchange in past 24 hours. You can find more information about Steem ( STEEM ) at https://steem.com/
• Steemit, Inc. launched the steemit website on July 4, 2016
• Daniel Larimer and Ned Scott are the founders of Steemit platform
• Steemit follows PoW protocol
• The All-Time High price of Steem is $8.19
Steem is an open source, the blockchain-based token that is used to reward the content creators on the Steemit website. The rewards are calculated through a weighted consensus mechanism, which resembles ‘Facebook likes’; it is called upvotes.
The content creators on Steemit and other members of the steemit community upvotes the articles they like, and the creator gets paid in Steem according to the number of upvotes.
The upvotes are weighted in the sense that the balance of another support currency Steem Dollars is used to segregate the authentic creators and content seekers from casual bloggers.