STEEM STEEM (Cryptocurrency) Color Changing Mug 11oz

Steem (Cryptocurrency) Steem is a decentralized blogging and social media platform built on the Steem blockchain, which also functions as its native cryptocurrency. Introduced in 2016, it was developed by Ned Scott and Daniel Larimer, co-founders of the Steemit community. The platform rewards users for creating and curating content, encouraging active participation through monetary incentives. Users earn Steem (STEEM) tokens when their posts are upvoted or when they vote on other popular content. These tokens can be traded, stored, and exchanged for other cryptocurrencies or fiat money. Steem's blockchain uses a Delegated Proof-of-Stake consensus mechanism, where token holders delegate their voting rights to "witnesses" who validate transactions. The platform is designed to reward high-quality content and engage users in various communities, making it a unique blend of social media and cryptocurrency. It has been utilized for blogging, microblogging, and discussion purposes, among other applications. Steem's market capitalization and price fluctuations are subject to the global trends in the cryptocurrency market.