BrandLogo
SearchIconSearch

icon_share
csr-score-image

Our proprietary ICR score algorithm offers a 360-degree evaluation of cryptos by analysing on-chain and off-chain data. To know more, click here

Category:

Official links

Social

No Links Available

Logo_icon
$0.00
%
  • Price
  • Market Cap
  • Circulating Supply

Price

Volume


Graph-Loading

Loading Data ...

Use Cases
bullet_icons
Use as a stable medium of exchange within the Steemit ecosystem.
bullet_icons
Incentivise content creators and curators by providing a reliable reward system.
bullet_icons
Enable seamless conversion or trade with other cryptocurrencies.
bullet_icons
Offer stability in value, aligning closely with the US dollar.
bullet_icons
Encourage community involvement through decentralised governance and consensus.
Our Analysis


Graph-Loading

Loading Data ...

Source: Messari

View Full Chart

View Full


Graph-Loading

Loading Data ...

Source: Messari

View Full Chart

View Full


Graph-Loading

Loading Data ...

Source: Messari

View Full Chart

View Full


Graph-Loading

Loading Data ...

Source: Messari

View Full Chart

View Full
About the coin
Steem Dollars (SBD) is a cryptocurrency native to the Steemit platform, a blockchain-based social media network where users earn rewards for creating and curating content. Introduced alongside Steem (STEEM), the primary cryptocurrency of the Steem blockchain, SBD is designed to provide stability in contrast to the more volatile STEEM. Each Steem Dollar is intended to be worth approximately one US dollar, providing a stable means of exchange and an incentive for users to engage with the platform. The system uses a unique proof-of-brain algorithm to distribute rewards based on community consensus, offering both financial benefits and a decentralised content curation mechanism. Steem Dollars can be traded or converted into STEEM, giving them flexibility and liquidity within the ecosystem.
Converter
Coin
coin_image
convertor-icon

Value

usd-icon
USD
1 = $3.15
Related coins you may like