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.

Founded in

United States