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What is Steem?

Steem represents a groundbreaking social blockchain that aims to nurture communities while providing users with instant monetization options by rewarding them for their content contributions. As the pioneering blockchain capable of enabling real-world applications via social platforms like Steemit, it disrupts the conventional model where profits from user-generated content are predominantly enjoyed by shareholders of major social media companies. In a remarkable shift, Steem ensures that value is redirected back to the content creators, empowering them to become integral stakeholders within the platform. This innovative framework not only allows users to retain ownership of their data but also compensates them with cryptocurrency for their contributions. Unlike numerous other blockchains that struggle with transaction speed and high fees, Steem is distinguished by its quick, cost-free, and scalable transactions, facilitated by sophisticated bandwidth management techniques. It is the only blockchain robust enough to handle extensive social applications, boasting a transaction throughput that surpasses that of both Bitcoin and Ethereum combined. With a thriving community of over 1 million users and more than 324 applications developed on its platform, Steem is pivotal in transforming the dynamics of social media and digital content distribution. This revolutionary ecosystem not only amplifies user engagement but also cultivates an unparalleled sense of community ownership, setting a new standard in the digital landscape. As Steem continues to grow, it holds the potential to redefine how we perceive value and participation in the digital age.

What is CHI Network?

Events act as temporary economies, creating a significant chance for the adoption of cryptocurrencies and blockchain innovations. However, current blockchain solutions frequently face challenges like slow transaction speeds, environmental issues, high transaction costs, and insufficient off-grid payment methods. In response, the CHI Network has been developed as a decentralized blockchain and DAO specifically aimed at the events industry, enabling off-grid transactions. It is linked to prominent networks such as Ethereum and incorporates CHI Coins, X Cash, along with several reward mechanisms. By staking and locking CHI tokens, users can gain extra rewards that correlate with their X Cash assets, as well as additional features like chargeback capabilities. Transaction fees for accessing various protocols and the ticketing marketplace are taken in CHI tokens. Revenue generated from these activities is evenly distributed between event organizers and the CHI Network DAO. These tokens also act as collateral for proposals within the CHI Network and its associated Event DAOs. Moreover, by staking CHI Tokens in the court pool, participants can take on the role of jurors and earn CHI Token rewards for settling disputes within the DAO, fostering a collaborative ecosystem. This framework is deliberately structured to boost user participation while ensuring equitable resolutions within the community, ultimately aiming to create a vibrant and engaging environment for all stakeholders involved.

Media

Media

Integrations Supported

Blurt.blog
Robinia
Steemit

Integrations Supported

Blurt.blog
Robinia
Steemit

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Steem

Date Founded

2016

Company Website

steem.com

Company Facts

Organization Name

CHI Network

Date Founded

2022

Company Location

Switzerland

Company Website

chinetwork.io

Categories and Features

Community

Content Management
Content Moderation
Discussions / Forums
Event Management
Group Management
Ideation / Crowdsourcing
Member Directory
Membership Management
Social Media Management
Website Management
White Label

Categories and Features

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