Steemit is a blockchain based social network blog which rewards its users by using smart media token for content creation and curation through a system of upvoting.
Steem investment is one of the most rewarding content creation mechanism on the internet, as it rewards people for their intellectual activities – a proof of brain concept – which is logged on the immutable blockchain.
Most social networks out there make it difficult to earn anything as members of the platform, instead, the owners of the networks usually consume whatever value their website generates. Whether it is in ads or in customer profiling, the client or customer (users of the website) oftentimes will spend resources – time and money socializing with nothing to show for it at the end of the day.
The ecosystem is engaged by contents from a global pool of talented individuals and creates a reward system that is decentralized and user-centric.
To buy Steem, you would have to search for it on the major or top exchanges, apart from these, the only option left is to visit their blogging site. Sadly, the coin isn’t traded on too many exchanges and has very few markets – just about 18 trade markets with either BTC, BTS, KRW, BITUSD, ETH, and a few others. But on their website, there is a provision for users of the platform to buy using BTC only.
There are three different types of assets on the platform and each having a unique role and value on the network. With each, you can decide how you want to store the coin you purchased and this invariably determines how well you earn on the platform. A paper wallet is also available to help protect your coins.