Steem(verb) to gleam. Steem(noun) a gleam of light; flame.
Steemit is part blogging platform, part social network. At its most basic level, it functions a lot like Reddit; you can upvote and downvote, follow topics that interest you, submit content, and discuss posts with other users. However, it's also a revenue-sharing website.
Investing in STEEM – like all altcoins – is a very risky affair. However, STEEM is a token with a lot of upside potential as its underlying platform is still the market leader in a highly popular new market segment that has the potential to witness increasing demand in the future
Steem is a social blockchain that grows communities and makes immediate revenue streams possible for users by rewarding them for sharing content.