STEEM

Less than 10 days, the market capitalization of the token Steem increased by 2700%, allowing this rapidly growing popularity of cryptocurrency to emerge on this indicator in third place.
At the time of writing the market capitalization Steem estimates to be worth about $352 million, though just over a week ago, the figure was$13 million.
Rapidly increased and the value of the token if seven days ago Steem was trading around 0.00041 BTC in the last few days it rose significantly, trading at the moment, about 0.0068 BTC. Thus, for the time period of the cost of the token is increased by more than 15 times.
screenshot-coinmarketcap.com 18-01-38 2016-07-14

Social network on the blockchain Steemit provides users with a reward for the creation and selection of media content.
In a recent interview Forklog co-founder of platform Week Scott said that, unlike other social networks on the blockchain, Steemit offers a fundamentally new solution. The platform uses a token Steem with market value on the cryptocurrency exchanges. Using equity profit like the bitcoin mining blockchain can distribute the values between those who publish content, and voting. The better results shows the publication, the more you can earn its authors and voting.
In addition, Ned Scott is convinced that when you use solutions on the blockchain of the content can not be truly censored, giving platforms like Steemit great advantages over "traditional" social networks like Facebook or Reddit.
July 4 independence Day USA, platform Steemit generously awarded the most active participants, distributing $1.3 million in his own tokens in favor of early users