🌐 Steem Currency – Blockchain for Community and Digital Content
Steem is an open-source blockchain protocol designed to store social information and distribute tokens through a proof-of-brain algorithm. Steem is one of the fastest and most interactive blockchains in the world, processing more transactions than the combined total of Bitcoin and Ethereum, and over 11 other blockchains! ⚡
Through Steem, applications like Steemit.com, Busy.org, DTube, DLive.io, and DSound.audio can leverage a scalable protocol to preserve user content, social data, account information, and metadata JSON, while users receive STEEM tokens as a reward for sharing content and information.
✅ Features of the STEEM Token:
Fast transfers in just 3 seconds.
Almost fee-less transactions thanks to delegated proof-of-stake technology.
Broad support for social applications and digital content.
With the upcoming release of the Smart Media Token (SMT) protocol, entrepreneurs and developers will be able to launch custom tokens similar to STEEM, with the ability to:
Initial Coin Offerings (ICOs).
Automated market making.
Independent token distribution.
SMT tokens will benefit from Steem's speed and exceptional scalability, facilitating the funding of new platforms and enabling sustainable growth for digital communities. 🚀