Steemit Crypto Academy Contest / S8W5 : Let's Think About Steemit's Future
Hello Steemians of the Steemit Crypto Academy Community, I hope you are all doing well. I am here today to participate in the SEC Season 8 Week 5 contest hosted by the SteemitCryptoAcademy community . The contest topic is "Let's Think About Steemit's Future", which is both intriguing and valuable for both the community and the Steemit whole platform . Let's delve into the topic and get started!
Canvas source What is Steemit And How Does It Work |
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Users on Steemit can create blog posts, ideas , and upload photos, just like on other social media platforms. But what makes Steemit unique is the way steemit rewards users. Users can earn a cryptocurrency called STEEM for their contributions of author work , and this cryptocurrency can be traded on various cryptocurrency exchanges.
Overall, Steemit provides an innovative way for authors to earn crypto currency for their contributions, while also building a community around their content. It is more exciting platform that is changing the way we think about social media and content creation. |
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What Is STEEM Coin And How Does Steemit Make It's Money |
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Canvas source
STEEM coin is the cryptocurrency used on the Steemit decentralize blockchain . It's a digital currency that can be used to reward users for creating and curating content on the platform. The value of STEEM is determined by market demand and supply rate and also effection depends upon saveral reasons , just like any other cryptocurrency. Users can earn STEEM currency by creating and sharing high-quality content that is upvoted by other users on the platform.
Steemit, the platform that uses STEEM, makes money by taking some small percentage of the rewards that are distributed to users. This percentage mainly depending on the type of content and the amount of STEEM that is being distributed.
Overall, STEEM coin and Steemit provide an innovative way for writes to earn money for their contributions. It's a decentralized platform that is changing likewise we think about social media and content creation. As more people use the platform and the demand for STEEM more and increases, the value of the cryptocurrency is likely to rising . |
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Canvas source What Is The Current Price Of STEEM At Coinmarket. Explain Your Understanding Of what You know About This Current Price And The Situation Surrounding It. |
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My understanding of STEEM is that it's a one of famous cryptocurrency that is backed by a revolutionary social media platform called Steemit. This platform provides users with a way to earn STEEM by creating and curating high-quality content to authors , which is then upvoted by other users.
My prediction chart for the future of STEEM shows that steem has the potential to reach new heights and become one of the most valuable cryptocurrencies in the market in futures . As in today steem price is 0.02026. As more people discover the benefits of the Steemit platform and begin using STEEM currency , the demand for the cryptocurrency will be defenetly increase.
For instance , while the cryptocurrency market may be facing some challenges times right now, still I am hopeful and optimistic about the future of STEEM. With its unique model and strong potantial og growth, I believe that STEEM is a cryptocurrency to watch in the coming months or years. |
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Is Steem Coin Good For investment? As A Crypto Analyst, What Can Be Done For STEEM Coin To Reach A Maximum Supply And Becomes Top 100 Crypto Currencies In The World. |
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Despite the challenges for the cryptocurrency market is currently facing, I personally believe that STEEM coin is a wonderful investment opportunity. While I may not have a lot of experience in crypto trading and currency , I think that with hard work and a high traffic on Steemit, it has the potential to climb up the ranks and reach the top 100 list and even in to 80 currency .
The key to increasing the value of STEEM currency lies in increasing the traffic to the Steemit platform. As many people begin to use the platform and create high-quality content, the demand for STEEM will defenetly increase, and its value will rise. This presents a unique opportunity for investors who are looking for a long-term investment opportunity in field of crypto currency and with this hope we steemian are doing our best .
Overall, while the cryptocurrency market may be facing some tough times and so ...., I believe that STEEM coin is a future promising investment opportunity. With its unique and wonderful model and strong potential for growth, STEEM has the capability to become one of the most valuable cryptocurrencies in the market. By working hard to increase the traffic to the Steemit platform, we can to ensure it that this potential becomes a reality. |
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How Can We Do To Solidify STEEM Offering In Terms Of Technology And Operating System Inorder To Attract More Investor |
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1) : First to solidify the offering of STEEM currency in terms of technology and operating system, there are a few key steps that could must be taken. Firstly, the development team behind Steemit could work to improve the platform's user experience and functionality and satisfied all users . This could include improving the search function, implementing new good features and tools, and enhancing the overall design and layyout of the site. By providing users with a seamless and awesome experience, Steemit could become a go-to destination for authors and consumers alike.
2) : Secondly, STEEM could work to establish partnerships with other blockchain projects & companies. This could help to increase the visibility and credibility of STEEM currency in the wider range blockchain community, and could lead to new a investment opportunities. Additionally, by collaborating with other projects or companies , STEEM could benefit from the expertise and knowledge of other steem developers and blockchain professionals.
3) Finally, STEEM could work to expand widely its reach beyond the current user base . This could be achieved also by increasing marketing efforts, and by partnering with influencers and thought leaders in the crypto and blockchain fields . By raising awareness of STEEM currency and the benefits of the Steemit platform, more people could be attracted to the blockchain , which could lead to increased investment and growth.
In short , by focusing on improving the user experience as discuss , establishing partnerships, and expanding its users reach , STEEM could solidify its offering in terms of technology and operating system, and attract more investors to the steem currency and project . |
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Thank you very much
Goodbye, friends. It's been a pleasure getting to know you all and participating in this community. I will miss interacting with all of you, but it's time for me to move on. Take care and I hope to see you all again very soon.
Your gorgeous friend Hamad khan
As the sun sets on the day
And the night falls softly in
We close this chapter, dear reader
But the story's not yet done
Tomorrow's pages wait, unwritten
INTRODUCTION
As the sun sets on the day
And the night falls softly in
We close this chapter, dear reader
But the story's not yet done
Tomorrow's pages wait, unwritten
INTRODUCTION
Friend it's very good to know about the information and knowledge that you have regarding the cryptocurrency and regarding the STEEM COIN as well as about the platform from which we can earn this cryptocurrency.I agree with you that one thing makes this platform unique with other social media platforms and the thing is that it rewards the people and the users who are working at this platform and the active at this social media platform in the form of different cryptocurrencies like STEEM , TRX , SBD .
You are right about the investment at platform we all know that market today is not in our favour but we should not be disappointed and should work with a lot of devotion and determination. We should have a complete belief that one day when market will be stable then STEEM will also increase definitely and first it will be double in price and then it can be triple in price so it's a best opportunity now to buy the STEEM and invest it at a low rate because when market will be stable than there will be double triple or more than triple benefit to all of us.
It's a good thing to know from you that what you think about all the questions and especially about the investment and you have also shared very good options to solidify the STEEM. Thank you so much for participating in this amazing engagement challenge which was very easy to write for everyone and almost everyone participated very well here.
Thank you my dear for your kind words! It's great to hear that you found my explanation helpful. Best of luck and success 👌👌 .
My pleasure 😊
Thank you for your wishes
Dear would you like to contact me via discord .
My Discord id : artist1111-Hamad khan#8127
Thank you .
Sangat jelas anda menjelaskan tentang kasus ini, Saya ingin belajar tentang cara anda, Suskes terus saudariku🤗🤗
Thank you dear for kind feedback ,This is your brother not sister😃
I mistyped earlier🤣🤗
The steemit platform is a very innovative platform that gives its users opportunities to provide quality post and get rewarded for it.
The steem coin is a very good coin to invest in and the more investors invest in the steem coin, the more it’s price increases. The steemit platform is better than other social media.
You have written very well on this. You have explained everything in a very creative manner. Thanks for sharing your ideas with us.
Thank you my dear for your kind words! It's great to hear that you found my explanation helpful. Best of luck and success 👌👌 .
@artist1111
You have explained the topic very well. You have defined simple and comprehensive about the steemit and its working and helped us in understanding how steemit work on blockchain based system.
You guide us how we can earn steem by sharing quality content which should be unique and have a good interaction with others.
You explain if there would be more users the value of steem coin will be improved as because of high traffic.
Yiu have shared good idea to improve strenit by introducing new features enhance level of search engine which may attract more users for investors.
You are right steemit future is bright.
Best wishes
Thank you my dear for your kind words! It's great to hear that you found my explanation helpful. Best of luck and success 👌👌 .
TEAM 5 CURATORS
This post has been upvoted through steemcurator08. We support quality posts anywhere and with any tags. Curated by: @chant
Hola @artist1111
Buen post, fácil de leer y la informacion que aportas es destacable.
Ciertamente, a nivel de presentación de la plataforma Steemit seguramente podrían actualizarse algunas cosas y mejorar la experiencia.
Los gustos cambian, hay nuevas tendencias que podrían tomarse algunas de ellas, para actualizar y atraer a más usuarios.
Thank you Mr for comment , I agree with you that Steemit could benefit from some updates and improvements to stay current with trends and attract more users , but currently i am not looking this new trends in steem community . I think we must take it serious before it late . Best of luck .
Dalam dua tahun terakhir banyak hal yanv terjadi pada koin steem sehingga membuat harganya turun, namun saya yakin suatu saat koin STEEM dan steemit akan lebih berkembang lagi dari saat ini karena pasang surut biasa terjadi dimanapun, baik di dunia maya maupun di dunia nyata.
Yes of course , In the past two years, Steem's price has dropped, We all believe that it will eventually recover as ups and downs are normal in both the digital and real world. success for you dear .
Thanks for sharing your knowledge and adding to my insight about Steem and Steemit. Good post. Good luck for the contest. I have also participated in this contest.
🥰🥰🥰
Hi friend @artist1111
I really appreciate your efforts to create this article. You have shown good understanding about the topic related to the future of Steemit.
You have clearly Answer all the questions that are required to complete this challenge. I agreed with your points that you have explained in the last question related to the development of growth of the Steemit.The partnership with other platforms will be a good way to increase your worth and value of the platform.
You have Shown good points here to improve the development of the platform and its worth.
Thanks for participating.I encourage you to keep up your good efforts.Good luck for the contest also visit my entry and engage on it.