Steem is a blockchain-based social media platform that allows users to submit posts and then get paid in accordance with the “power” of votes it gets. It aims to return the revenue that popular social media sites make from their users to the content creators themselves, since these are the people that bring value to the system. Users can also get a smaller amount of Steem in return for upvoting popular posts. Steem has two other sub-tokens (other than STEEM itself) called Steem Dollars (SBD) and Steem Power. SBD is what users are paid in for posts and upvoting (SBD can be converted to STEEM at no cost) and Steem Power is what determines how much value your vote has. STEEM is the token that users can use on the Steem blockchain.
Steem is a blockchain-based social media platform where anyone can earn rewards.