STEEM is a blockchain-based rewards platform for publishers to monetize content and grow community. The STEEM blockchain has near instant transactions, with no fees, unlike Bitcoin or Ethereum. The first social media layer was Steemit.com. There are many more layers and interfaces being developed that will run on the STEEM blockchain. This includes decentralized versions of traditional social media, video and live-streaming, and the ability to create your own SMT (Smart Media Tokens) to provide incentive in your growing community on STEEM. The built in wallet system provides the ability to buy and sell goods and services right on the platform. The STEEM blockchain provides users the ability to earn from creating and curating content, while growing their community, branding, and interactions.
You may be asking yourself, "Why is this important for Jiu-Jitsu, MMA, and martial arts in general?
Martial arts presence on traditional social media is extremely hot at the moment. The explosion of the UFC, and MMA in general, was well-timed with the rising velocity of social media on the web. It has provided a better way to communicate, build relationships, provide advertising and promotion, and create addition revenue streams for martial arts related content, academies, and tournament promoters.
Now, we enter a new era, where you are rewarded directly for publishing great content. You earn directly from the STEEM blockchain, based on the popularity of your post and the influence of curators. Social media is changing forever.