Steem - STEEM

Steem STEEM price, market cap & charts

Live Steem prices from all markets and STEEM coin market Capitalization. Stay up to date with the latest Steem price movements and discussion. Check out our snapshot charts and see when there is an opportunity to buy or sell Steem

Price

BTC 0.00006722
USD

0.37

Market Cap

USD

115,352,277

Change % (1H)

%

-2.81

Change % (24H)

%

-10.45

Steem (STEEM) Historical Price & Volume Charts

What is Steem?

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.

Genesis Date: 2015-04-07

Website: https://steem.io/

Steem Wiki

beta

Steem Key Financial Information

Mkt. CapUSD 115,352,277Volume 24HUSD 1,671,286
Mkt. Share0.06 %Available Supply312,859,676
Change % (1H)-2.81 %Max Supply0
Change % (24H)-10.45 %Total Supply329,833,770
Change % (7D)-11.87 %ProofPoW
AlgorithmUpated: 1 hour ago

Steem Historical Data

DatePriceVolume

Steem Videos

Steem Price Prediction (Earn Daily Rewards!)
Buy Steem Or Cry Later!!! SMT Will Be Huge!

Steem (STEEM) Reviews & Critics

Today I Predict Steem Price to Rise , Magic Dice Gaming Platform On The Steem Blockchain. Magic Dice Signup Link: https://magic-dice.com/?ref=ryanblue7s ....

  • I think the games Steem Monsters and Drug Wars have something to do with it too. It just created more demand in a fun way.
  • Steem to MOON
  • dude.. put some green canvas/green screen behind u and ur video will be better :)
  • Great video!
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