Anyone I know on Mastodon using SteemIt? I am trying it here: https://steemit.com/@webmink
@webmink Never heard of it before, what is it?
@miwilc It's a content platform like Medium, except it is open source, uses a blockchain for storage & publication, and pays contributors with cryptocurrency when their work gets upvoted.
@webmink where does the money come from?
@dei The crypto tokens are generated in the publishing process. Any real-world value arises from people trading the tokens. One reason that happens is to boost visibility of articles; people buy tokens & then spend them to promote articles.