Blockchain-powered platform pays cryptocurrency for popular content
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User-generated content is worth billions of dollars to the media companies who harness it, but rarely are those who actually created the content rewarded. Now, Steem is a blockchain-powered social writing platform that aims to change that, by rewarding its members for creating and curating content, with cryptocurrency. To begin, contributing writers, readers and investors create an account on the online community and get an initial USD 3 worth of Steem Power to get started. Then, they can either create content, upvote posts they like or mine cryptocurrency by validating transactions. For each of the actions, the user will be…
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