STEEM

Steem

Utility Token
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#Building chart...
A new way for publishers to monetize their online content and community, based on battle-tested blockchain technology.
Circulating Supply
Max Supply N/A

Technical Analysis

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External Review
i.e CIO at Kraken
Sentiment
Comments

5 of 9 user opinions

NC
Partner at Castle Island Ventures and Co-creator of Coinmetrics Source
Steem has already collapsed into a hopeless mess of politics, campaigning, and bribery. The proof of work is simply obscured, not absent. Raw hashes are a lot more elegant.
JY
Financial Analyst and Journalist Source
I still can't believe people fell for the Steem Ponzi scheme. Myopic users thought they'd receive $4000 / blog post.
WM
Managing Partner and Chief Investment Officer at JM3 Capital Source
Over $20 million in STEEM distributed to Steemit users since launch, says Ned Scott of Steemit. Proof of a real work token.
SA
Bitcoin Economist and Author of The Bitcoin Standard Source
Researching altcoins and astonished at their idiocy. Ripple is even stupider than Ethereum, but Steem has got to be the stupidest of them all.
CS
Founder of CryptoIQ Source
STEEM is a good buy. It just reached 120k signups with 4k daily active users.
FW
VC at Union Square Ventures Source
To be clear, I don’t think Steem has this all figured out. I don’t own any Steem (or at least I don’t think I do). And I think they have made things a bit too complicated with their tokens and incentives. To their credit, they have taken steps to simplify things, and they are headed in the right direction.
TD
Founder of Adamant Capital Source
As I said before, I have serious concerns about STEEM. How is it mined? What's to say there's no hidden "god mode"?
CB
Partner at Placeholder Ventures Source
STEEM's SMTs are like ETH's "ERC-20 tokens but with certain built-in ‘Proof-of-Brain’ properties...specifically for digital content businesses"... https://smt.steem.io/ (hat tip Jesse Walden). Good work Steemit and team, compensating human activity instead of machine activity is ???
JB
Co-founder of CoinFund Source
Steem delegation is probably the most underappreciated yet advanced cryptomarket out there right now in the hands of actual users who are extracting actual utility. It (a) mitigates reputation inequality, and (b) is a money market for idle reputation/attention. Ingenious.

Most helpful opinions

JB

JB Jake Brukhman Co-founder of CoinFund
Steem delegation is probably the most underappreciated yet advanced cryptomarket out there right now in the hands of actual users who are extracting actual utility. It (a) mitigates reputation inequality, and (b) is a money market for idle reputation/attention. Ingenious.
CB

CB Chris Burniske Partner at Placeholder Ventures
STEEM's SMTs are like ETH's "ERC-20 tokens but with certain built-in ‘Proof-of-Brain’ properties...specifically for digital content businesses"... https://smt.steem.io/ (hat tip Jesse Walden). Good work Steemit and team, compensating human activity instead of machine activity is ???
TD

TD Tuur Demeester Founder of Adamant Capital
As I said before, I have serious concerns about STEEM. How is it mined? What's to say there's no hidden "god mode"?
FW

FW Fred Wilson VC at Union Square Ventures
To be clear, I don’t think Steem has this all figured out. I don’t own any Steem (or at least I don’t think I do). And I think they have made things a bit too complicated with their tokens and incentives. To their credit, they have taken steps to simplify things, and they are headed in the right direction.
CS

CS Charlie Shrem Founder of CryptoIQ
STEEM is a good buy. It just reached 120k signups with 4k daily active users.
SA

SA Saifedean Ammous Bitcoin Economist and Author of The Bitcoin Standard
Researching altcoins and astonished at their idiocy. Ripple is even stupider than Ethereum, but Steem has got to be the stupidest of them all.
WM

WM William Mougayar Managing Partner and Chief Investment Officer at JM3 Capital
Over $20 million in STEEM distributed to Steemit users since launch, says Ned Scott of Steemit. Proof of a real work token.
JY

JY Joseph Young Financial Analyst and Journalist
I still can't believe people fell for the Steem Ponzi scheme. Myopic users thought they'd receive $4000 / blog post.
NC

NC Nic Carter Partner at Castle Island Ventures and Co-creator of Coinmetrics
Steem has already collapsed into a hopeless mess of politics, campaigning, and bribery. The proof of work is simply obscured, not absent. Raw hashes are a lot more elegant.