Company Information

Get to know Steemit

Founded in 2016 by Ned Scott and Dan Larimer, Steemit, Inc. developed the Steemit platform, a social network that leverages the Steem blockchain. Its core mission is to empower content creators by allowing them to earn cryptocurrency rewards (STEEM and Steem Dollars) based on the community's upvotes on their posts and comments. This "proof-of-brain" model aims to create a more equitable online economy for creators. In 2020, the platform and its development were acquired by the Tron Foundation, leading to significant community debate and the creation of a hard fork called Hive.

Industry

Crypto CryptocurrencyPRIMARY

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Steemit

United States

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.