What is Steem Dollars (SBD)

1. Project Introduction
STEEM's parent company, STEEMIT, was acquired by TRON in February 2020. SBD is part of the Steem blockchain. Steem is a social blockchain that grows communities and makes immediate revenue streams possible for users. Users earn STEEM tokens as rewards by sharing content on Steemit. Steem Dollars can be exchanged for STEEM and transferred to other accounts for commerce or exchange.
Summary: Steem is an open-source social blockchain platform designed to incentivize the creation and sharing of content on decentralized social networks. It achieves this goal by monetizing content creation and reducing the necessity for ads and user data sales. Instead, content creators are rewarded for their contributions. Steem Dollars are suitable for all these and serve as the primary stablecoin for users' transactions on the blockchain.
2. Team & Investment Info
The team is anonymous
Funding: NA
3. Social Media URLs
X: https://x.com/steemit
4. Token Info
Token Symbol: SBD
Total Supply: 13,560,787
Token Type: Steemdb
Contract Address: https://steemdb.io/
Token Distribution:
1 SBD for 1 US dollar
5. Related Links
Official Website: https://steem.com/
LinkedIn: https://www.linkedin.com/company/steem-blockchain/
Other Info: https://steemblockexplorer.com/

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.