# What is SteemFactory and what is the value of these tokens related to STEEM?

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## @steemfactory is a token introduced and managed by @pairmike >Steem Factory is a project backed by a small crypto mining operation. Steem Factory's goal is to contribute to the Steem Community by creating value through donations, sponsorships, and STEEMFACTORY giveaways.

[SteemFactory -- What You Talking About Willis?](https://steemit.com/steem/@steemfactory/steemfactory-what-you-talking-about-willis) [Steem Factory Mining Income Report - 7/7/2017 - Earned $113.96](https://steemit.com/beyondbitcoin/@steemfactory/steem-factory-mining-income-report-7-7-2017-earned-usd113-96) # Valuation of STEEMFACTORY #### Weekly Mining Statistics - 7/7/2017 >Weekly Subtotal $113.96 Previous Subtotal $1955.40 Total $2069.36 ## Valuation from about a month ago for comparison: #### Weekly Mining Statistics - 6/10/2017 >Weekly Subtotal $118.24 Previous Subtotal $1418.09 Total $1536.33 [Steem Factory Mining Income Report - 6/10/2017 - Earned $118.24](https://steemit.com/bitshares/@steemfactory/steem-factory-mining-income-report-6-10-2017-earned-usd118-24) # STEEMFACTORY may now be exchanged / redeemed for upvotes >Last week we changed the reward process. Now instead of receiving STEEMFACTORY token as a distribution, you submit them in exchange for upvotes. [Steem Factory - Buying and Selling STEEMFACTORY on the Bitshares Decentralized Exchange (DEX)](https://steemit.com/bitshares/@pairmike/steem-factory-buying-and-selling-steemfactory-on-the-bitshares-decentralized-exchange-dex) See latest @steemfactory post referenced about for more information. # Follow / Visit @steemtokens

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