Dynamic and history value of price STEEM. Maximal value of price steem was 0.2668$ - 2020-08-25 02:00:07, Minimal price of STEEM was 0.149$ value and fixed at 2020-09-04 00:00:10. Today price of steem is : 0.1675$
Steemit (STEEM) is a blockchain powered social network site where people can earn money for their posts and comments. The Steemit mobile or desktop application allows you to directly access the blockchain, where user posts are stored and recorded indefinitely as with a cryptocurrency transaction. Users vote for their favorite content and votes in favor become currency that is paid weekly to the creator. Steemit was launched in 2016 under the direction of Steemit Inc, a private company based in New York founded by Ned Scott and Dan Larimer, former creator of EOS and Bitshares. STEEM is the currency that represents Steemit’s market share, although the social network also uses Steem Power (SP) and Steem Dollars (SBD). Steem Power represents the weight of a user within the community: a positive vote by someone with large amounts of SP generates more money. The proceeds come in the form of Steem dollars, which can be spent with compatible suppliers, converted into STEEM or loaded via Bitcoin and then fiat.