Project: Steemit (SBD)
What it is: a Decentralized platform for social networking
Auction start: 18.04.2016 G.
Rate on the date of bidding start: $0.64
Rates today: $4.46
The total number of tokens: 266.1 million
The number of tokens in circulation: 249.2 million
Market capitalization: $1.1 billion
Trading volume per day: $125 million
About the project Steemit (SBD)
Steemit (SBD) is a decentralized platform for social networking, which allows authors to monetize their content. Steemit (SBD) is the blockchain of the new generation, based on embedded algorithm Proof-of-Brain, designed to motivate content creators. This algorithm can be implemented in websites and allows to distribute the rewards among members of the community by voting. The speed of transaction in the blockchain Steemit exceeds the speed of Bitcoin and Ethereum. Commission on the missing platform, microtransactions are not supported. The aim of the project is the tokenization of the content in the network by introducing new business models of digital content and applications for entrepreneurs and developers.
Currently working beta version of the platform. Statistics of the platform:
The amount of payments from June 2016 amounted to more than $22 million.
Number of accounts: > 330 thousand
Number of monthly posts: > 234 thousand
Number of monthly comments: > 600 thousand
White Paper (Engl.): https://goo.gl/mMU5Cp
Cryptocurrency history course Steemit (SBD)
The project produced three types of tokens: Steem, Steem Dollars (SBD) and Steem Power (VESTS). Tokens are distributed daily among content creators and curators on the basis of a vote. STEEM and Steem Dollars are liquid and traded on exchanges.
Steem – the main domestic currency platform, trading on the stock exchanges. The issue of tokens is not limited to, inflation is around 9.5% per year.
Steem Dollars – internal currency that is pegged to the dollar, trading at the stock exchanges. Steem Dollars are credit tokens, storing the tokens on the wallet allows you to earn up to 10% of the total amount per year.
Steem Power – 50% of all payments on the platform is produced in these tokens. Steem Power is not traded on the exchanges. After purchasing the tokens, they cannot be sold within two years. Steem Power give holders the right to a share of ownership of the network.
The first block was generated in March 2016 and the First payments were made in July 2016. Tokens Steem appeared first on stock exchanges 18.04.2016 at the rate of $0.64. 14.07.2016 course for the first time reached the level of $4.31, after which it began to decline in the period October 2016 to April 2017, the price of tokens does not exceed $0.2, from may 2017, there has been a slight upward trend. Peak rate reached 4.01.2018, and amounted to $7.28.
Exchange Steemit (SBD)
- OpenLedger DEX
- Twitter: 82.6 thousand
- Facebook: 23 thousand
- Reddit: 5.5 thousand
- Telegram: 2.2 thousand
Summary Steemit (SBD)
Steemit (SBD) is a promising platform that can have a huge impact on the development of social networks in the near future. The platform is actively developing, attracting more new members. Tokens Steem unlikely to be able to bring a good return on investment, since their production is unlimited. Tokens Steem Power can be recommended for the purpose of receiving dividends and voting rights on the future development of the platform.
Recommendations: the platform Steemit can recommend content creators, tokens of the project should be considered as a purchase if you have the desire to join the list of participants of the platform.
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