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Get Steem price, charts, and other cryptocurrency info.

Steem powers Smart Media Tokens

Steem is a blockchain-based rewards platform for publishers to monetize content and grow community.

 

What are Smart Media Tokens?

An SMT is a native digital asset on the Steem blockchain. SMTs can be launched by anyone to help monetize online content and create incentives to encourage desired user behavior.

SMTs are like Ethereum's ERC-20 tokens, but with certain built-in ‘Proof-of-Brain’ properties and a token distribution reward system designed specifically for digital content businesses.

 

 

 



 

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‘Proof-of-Brain’community incentives

Proof-of-Brain is a type of tokens rewards algorithm that encourages people to create and curate content.

It enables tokens to be distributed by "upvote" and "like"-based algorithms and can be integrated with websites to align incentives between application owners and community members to spur growth.

Faster than Bitcoin and Ethereum, with no fees

Running a rewards-based decentralized social network required new advances in blockchain technology. Steem is a next-generation blockchain, uniquely designed to run real-time applicaitons with near instant, fee-free transactions.

Steem has been battled-tested over the last 18 months, already processing more transactions per second than Bitcoin and Ethereum.

 

 

 

 



 

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