Steemit Set to Add New Social Media Features to Increase Mainstream Adoption

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Steemit, the popular social media platform where users get paid to post and vote online, today announced plans to add heavily requested new features to its site, including private messaging, notifications, and follow buttons.

Steemit is fast becoming a blogger’s favorite destination, with thousands of new users signing up every week and a current registered user base of over 70,000. The addition of private messaging, notifications and follow buttons will allow even more connectivity between community members, and also attract users of sites like Facebook, Twitter and Instagram who are well accustomed to the day-to-day functionality of such universal features. 

CEO of Steemit Ned Scott said:

“Enhancing the diversity of our application-specific Blockchain is a natural progression for Steemit. Private messaging is perfectly suited for a decentralized system and will empower users in a similar way to how direct messages empower users on Twitter. The ‘follow’ feature will enable community members to receive notifications as soon as their favorite authors post, and the notifications will work just like Facebook in that users will be alerted immediately upon a new post or upvote from their favorite contributors. These features are the pillars of current social media giants and we look forward to integrating them into Steemit over the coming weeks.” 

In the meantime, other entrepreneurs are answering the call, with over 60 third-party applications based off Steem (steemtools.com) built in the last two months. Promising applications running off the Steem Blockchain include Steemy, a mobile app in development for Android and iOS, and radiosteem.com, a consensus-based online jukebox. Steemit is currently recording unprecedented levels of traffic, with over 70,000 votes and over 21,000 posts per day; as a result, the platform is already drawing comparisons to the early days of Facebook and Reddit.

“We hope to offer people much more than Reddit and Facebook,” added Scott. “By simply elevating the user experience and rewarding users for their time, Steemit has a fighting chance to compete with the largest social networks. We still have a lot of work to do and we have a lot of room to grow, but on the whole we see this system as more than a new social network, but as the bedrock for an online social economy.  Developers and entrepreneurs are recognizing they can go straight to the Steem Blockchain to leverage its data, identities, posts and other content.  It’s very inspiring to see so much activity on the Steem Blockchain.” 

In July, Steemit implemented the first Partner Enabled Account Recovery security protocol across a decentralized network. Users can now choose an Account Recovery Partner on the Steem Blockchain who can vouch for a person’s rightful ownership of an account up to 30 days after the account’s ownership key is changed. Steem currently sits in fifth place on the most valuable list of cryptocurrencies behind Bitcoin, Ethereum, Ripple and Litecoin.

To sign up or learn more about Steemit, visit Steemit.com

About Richard Kastelein

Founder, Publisher and Editor in Chief of Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC, Richard Kastelein is also an advisor with a number Blockchain startups doing ICOs including DECENT.ch, Inchain, Humaniq, Chronobank, eGaas and others.

He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List. As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven etc, where he helped spread the cause for Blockchain technology and crypto-currency and, consequently, has built a notable network inthe scene.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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