steemit

Steemit is a decentralized social media platform that was launched in 2016. It uses blockchain technology to reward users for creating and curating content, and it operates on the Steem blockchain. Steemit runs on a cryptocurrency system where users are incentivized to create and engage with content by earning STEEM, the native cryptocurrency of the Steem blockchain, as rewards.

Users can upvote and downvote posts and comments to determine their popularity and influence, and the more upvotes a piece of content receives, the more rewards the creator can earn. The Steemit platform is designed to provide a fair and transparent way of rewarding content creators and curators, and it aims to eliminate the need for centralized intermediaries like advertisers or investors to fund content creation.

Overall, Steemit is seen as an alternative to centralized social media platforms and a way for users to take control of their own data and content, and to earn rewards for their contributions to the platform.