STEEMIT VS FACEBOOK

WHAT IS STEEMIT?

Steemit is a project that was founded in 2006 by Ned Scott and Dan Larimer, it is social network platform that allows its users to get paid for the content they write after being read and voted by other steemians and this can be achieved because steemit is based on a new digital currency called steem which increase every day and its units being distributed by the network to its users that can exchange it with real money.

WHAT IS STEEMIT CONCEPT?

The main technology used in steemit is the blockchain technology which save the text content in a block chain, enabling rewarding comments and posts with secure tokens of value, users have the authority to upvote posts and comments, users are also get paid for curating popular content. Curating means voting comments and post submissions. Vote strength and curation rewards are influenced by the amount of STEEM Power held by the voter. Steemit evaluation system for the users is the reputation system every user has, his/her own reputation starts with 25 for new users and can increase or decrease according to the account received votes.

STEEMIT VS FACEBOOK

Facebook is the most powerful communication website world-wide, there are over 1.94 billion monthly active Facebook users for March 2017 (Facebook MAUs) which is an 18 percent increase year over year. (Source: Facebook 5/3/17) What this means for you: In case you had any lingering doubts, statistically, Facebook is too big to ignore, 1.28 billion people log onto Facebook daily active users (Facebook DAU) for first Quarter of 2017, which represents a 18% increase year over year (Source: Facebook as 05/03/17) The Implication: A huge and vastly growing number of Facebook users are active and consistent in their visits to the site, making them a promising audience for your marketing efforts so if we considered your content is your product so Facebook would be the best platform to introduce it but imagine if you had a platform that reward and protect your content fairly and according to your ability not according to how famous or rich you’re with the following statistics you will see how steemit will be your 1st choice for posting your content safely and being sure that you are awarded fairly.