The principles behind Steem

Steem aims for a fair and inclusive social media through crypto:

• Everyone who contributes to a venture should receive pro-rata ownership & payment from the venture. Just like when startup allocate shares through investement rounds. 
• All forms of capital are equally valuable. This means that those who contribute their scarce time and attention toward producing and curating content for others are just as valuable as those who contribute cash. This is the sweat equity principle.
• The community creates value to serve its members: curated high quality news, stable cryptocurrency pegged to the US dollar etc...