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Market Cap:
24h Vol:
Cryptocurrencies: 2771
Markets: 117424
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Market Cap
24h Vol
2771
Cryptocurrencies
58.98%
Bitcoin Share
Steem Crypto Coin Rank 84
Website
371,954,399 STEEM
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Steem
Steem
STEEM Coin Values STEEM

Steem valuesUSD Price
$ 0.2072

Steem BTC Price
0.00002240

Steem 24h Vol
$ 2,372,024

Steem Market Cap
$ 77,067,281

24h Vol
256 BTC
1 H
0.90 %
24 H
2.09 %
7 d
3.61 %
Today Steem price in US dollars is currently 0.2072 USD, and if converted to Bitcoin is 0.00002240 BTC. A total of 371,954,399 STEEM are currently circulating in the Market. Steem price is currently experiencing a change of 2.09 %, and check here all cryptocurrency. Over the past 24 hours 0.024 M US dollars Steem have been traded on Crypto Exchanges. Get Steem's progress by adding it to your favourites and creating a free portfolio.
Full Name
Steem
Symbol
STEEM
Algorithm
BTC Price
0.00002240 BTC
BTC Market
8,331 BTC
BTC 24h Vol
256 BTC
Total Coins Mined
371,954,399 STEEM
1h
0.90 %
24h
2.09 %
7d
3.61 %
Twitter
Steem
Website
Steem
DescriptionTechnologyFeatures
Description

Steem Crypto ICO Description

Steem.it is a blockchain-based social media platform where anyone can earn rewards by posting relevant content, curating quality content by upvoting and by holding Steem based currencies in a vest fund, which generates interest.

There are three main currencies in Steemit: Steem, Steem Power (SP) and Steem Backed Dollars (SBD).

Steem is liquid and can be bought in an exchange and converted into steem dollars or steem power.

Steem Power is basically Steem that is locked in a vesting fund for 3 months. Users can use steem power to upvote content and get curating rewards.

When a user upvotes content his steem power gets depleted and then slowly regenerated. Steem Power holders recieve interest from their holdings. The more Steem Power a voter has the more revenue he'll generate for himself (in form of SP) and for the content creator  (In SBD).

There is also an incentive to upvote content early, as the rewards are distributed according to time. The earliest votes gets the biggest share of the reward.

Steem Backed Dollars are there to protect content creators from volatitlity and can be traded for roughly 1 usd worth of steem, in order to cash out from steem. Converting Steem backed dollars into STEEM takes 5 days. Users also recieve interest from holding SBD. T

Steem is a proof of work currency with a scheduled blocktime of 3 seconds. Steem PoW mining is done in rounds of 63 seconds by 21 miners (witnesses). 19 of the miners are pre voted, one is the other with the most computational power, and the last one is selected from a queue of witnesses that did not get on the top 19 voted witnesses.

90% of the block reward is allocated to a vest fund to reward curators and PoW miners, the other 10% are made liquid in the form of steem and are used to reward content creators. Steem gets converted to Steem Backed Dollars and sent to the content creator.

 

Technology

Steem Crypto Technology

Sorry, detailed technology about Steem is not currently available

Features

Steem Crypto Features

Sorry, detailed features about Steem is not currently available

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ChartModo Newsletter
Market Cap
24h Vol
58.98%
Bitcoin Share
175
Today News
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