What is the steemit platform all about?
Steemit platform simply is a platform that pays it users with a crypto currency popularly known as:
The platform also is a fusion of ideas gotten from both social media and crypto currencies. It allows it users to share written content and crypto tokens on the steem network.
Steemit pays author's when their works gets upvoted, they also pay the curators (people who curate the best content on the site by upvoting other users work).
The three (3) steemit currency.
The variance between steem and other digital currencies is that it has three (3) currency unit.
- Steem: The unit that are bought and sold for real money on the open market.
- Steem power: Owning Steem Power Units is essentially like making a long term investment in the currency because you can’t sell Steem Power Units for 2 years. But there are a lot of good reasons to have Steem Power.
By keeping your currency as Steem Power Units, you will be able to make considerably more money in the long run because you essentially have ownership in the network. As the network grows, so will your piece of the steem power.
- Steem Dollars: It is the last but not the least form of currency. It is the stable currency that you can sell at any time. 50% of your pay for creating a post comes in the form of steem Dollars.
How have I benefitted from the steemit platform?
Barely two (2) months on the platform and I have benefitted a lot. Steemit has been in a million ways beneficiary to me but just going to mention a few.
- Through steemit I developed passion for writting.
- Through steemit my love for crypto grew and I have come to a conclusion that crypto is the future.
- Steemit gave me another source of income.
- On the platform I got to learn lifestyles of people from different countries.
- Makes my everyday lively ( On the platform there is no space for boredom).
What I will do for what I love.
We all stay dedicated to what we love (I did do the same).
Sacrifice is also a part of what I will do for what I love (that is to say I will make out time to make sure I am always active).
Abide by the rules so as to enable the growth and development of the platform.