Steem is a cryptocurrency that rewards users for community building by posting and upvoting valuable content for others. Steem was inspired from the success of Reddit where the community helped enrich the shareholders. Steem aims to help distribute the rewards to the community members who help create the community in the first place. Steem aims to provide various services to its members such as a source of curated news, Q&A, job boards etc. The founders of Steem came from BitShares with Dan Larimer involved as well. Steem’s main platform, called Steemit, is a social media network built on top of the Steem blockchain. Steemit is similar to popular content-driven social networks like Reddit and Medium, but it rewards users with cryptocurrency for their participation. Fundamentally, the more value a particular piece of content provides to a greater number of people, the more the individuals responsible for creating and curating that content can earn. Users cast votes, creating a hierarchy of content. The more upvotes a post gets, the more it will earn. The platform also allows for downvotes, giving participants more flexibility when it comes to rating content. Steemit is meritocratic, meaning users that hold more currency can cast votes with greater influence. The Steemit community even has another service to offer to its customers. D.tube, which is considered to be very similar to YouTube, is Blockchain based and the users can realize the difference between the traditional video publishing websites and D.tube, as the amount of money earned is also displayed beside the post apart from likes shares and comments. The Steemit community is accused of posting plagiarize contents on their publishing website. The irony seems to be reaching highest levels when the original content doesn’t receive much appreciation and income than the copied versions of it.'
InoCoin is a decentralized cryptocurrency built with the sole purpose of helping prospective new businesses find funding. Our aim is to draw in a large pool of funding applicants and pick the ones who prove they deserve the investment. We base our decisions on a set of criteria that are purely objective, built as a result of our extensive experience with investing. This guarantees that InoCoin will keep growing, because it is not directly tied to the market, but only to the select, high-quality startups we choose to fund. They use blockchain technology because we believe in its future, because we are business people and have a logical outlook. Providing transactions many times quicker and cheaper than are currently the norm makes blockchain the perfect decentralized system. It gives every person the opportunity to be a successful investor, whereas a classical banking system limits investment options to just a small circle of well-funded individuals. InoCoin works both for startups and for investors. We strive for win-win deals. Every successful startup is a win both for investors and for InoCoin. INO coin is a utility token that will pave the way to the future of crowdfunding. Unlike most other platforms, it is also a universal payment tool and, apart from investing in and funding various projects, it will also act as a currency that allows people to take advantage of the innovations which are being developed thanks to it. After investing in INO, for example, you can receive smart services and all kinds of products from the projects you support. Ino Coin is the global platform for funding and guiding prospective young blockchain projects to success. It’ s backed by a variety of people with extensive technical and business skills– a team that will share advice and provide constant direction to young teams in addition to providing funds.It’ s a unique decentralized system for joint decision making between the lead team, project representatives and all investors and owners of the currency.Share knowledge, ideas and shares through InoCoin.