Jun 19 2017

Recognizing Contribution

Steem is designed from the ground up to address the major barriers to adoption and
monetization of a social media based economy. Our thesis is that the same techniques used
to grow major social media platforms can be used to bootstrap a successful cryptocurrency.
Economic incentives enabled by cryptocurrency can dramatically facilitate the growth of a
new social media platform. It is the synergy between cryptocurrency and social media that
we believe may give Steem a powerful advantage in the market.


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