Steem Basic Income
Steem Basic Income is a social experiment to bring a basic income to as many Steemians as possible. Members join by sponsoring others into the program. Steem Basic Income is delivered through providing regular upvotes to member content.
Many of our members use the #steembasicincome tag for their contests, so check there for contests that we might not have resteemed!
Still Going Strong
We are up to nine pools, so your upvotes could come from @steembasicincome, @sbi2, @sbi3, @sbi4, @sbi5, @sbi6, @sbi7, @sbi8, or @sbi9. We currently have 3395 members that have posted within the last 28 days, and many more members that have not. Unfortunately, members that are not posting are not receiving upvotes. There are currently 30657 'shares' in the program, and it grows every day.
Support from Members
Thank you all for your support! Upvotes that we receive from members are an essential component to help us keep delivering a sustainable basic income!
img source: http://www.steemreports.com/top-voters/@steembasicincome
All members that upvote consistently are rewarded with a bonus increase in their voting weight. This is based on upvotes in the previous 28 days. If you have just started auto-voting our updates, it may take a full month before you see your full bonus take effect. To get the best benefit, we recommend using @steemvoter or @steemauto.
We have improved the targeting so that members get full bonus if they upvote each update, even if we miss a few days. In the last 28 days, we have posted only 12 updates, so a full upvote bonus is currently based on providing 12 full upvotes (or equivalent- some members provide partial upvotes but also upvote comments from @steembasicincome). We do not currently include upvotes on comments from pool accounts toward your bonus, but those upvotes still improve sustainability.
@steemsql DB, with visualization in Power BIWe use some of the fixed-return upvoting services (a la @minnowbooster), and you can see their impact in the chart. They help boost long-term sustainability, as you can see in our 28-day SP rewards, which has distinct spikes when our updates payout:
Self-voting Updates
The average upvoting bonus is 33.12% and our weekly update income is only 20.6% of the amount that we pay out in upvotes each week, with full upvotes from each of our pool accounts.
Our weekly sustainability goal is for the average upvoting bonus to be roughly 40%, and for our update income to be 40% of what we pay out in upvotes each week. Beginning June 3rd, we resumed self-voting each update. Since most programs on Steem charge a 15 or 25% management fee, we believe that a 10% self-voting target on top of 5% management shares is reasonable.
Enrollment
If you want to get involved, or to increase the share of basic income that you receive, enrollment is pretty straightforward:
any active Steemian, it does not have to be a current member.Just send 1 STEEM to @steembasicincome. Include the name of a Steemian to sponsor in the transaction memo (preceded by @). You and the person you sponsor will each receive 1 share in the program. You can sponsor
If you're unclear, please check out our full transaction memo guidelines and then let us know if you have any questions.
https://steemit.com/basicincome/@steembasicincome/steem-basic-income-new-transaction-memo-guidelines
The official currency for enrollment is STEEM. We are not currently accept SBD for enrollments. Please allow up to 7 days for your enrollment to be processed.
Upcoming Steem Creators Conference!
Come meet us and many other talented Steemians in Toronto this Fall!
We had a great experience at the #steemcreators conference in April and we are excited for what is in store this September! This is a fantastic opportunity to network with other Steemians and learn skills to improve your Steem performance.
Purchase your conference tickets Here
We would love to see you there!
and don't forget to book your place for the Steem Creator's Concert after-hours event featuring @wolfnworbeikood and many other amazing creators!!!
Here is @josephsavage's presentation on Steem Basic Income from the last conference:
Questions?
Please read our recently published FAQ. Most questions are addressed in our FAQ or in the additional resources that it suggests. If you still have questions, ask in the comments section or join us in our discord channel. To review your share counts, we recently introduced our new SBI Member Lookup Tool.
Great work. This program is a very good incentive for newbies like me to keep up posting! Thanks for your incredible work! 😃
PS: I am not upvoting the post now - because I already voted during my sleep! 😂
I'm glad to hear that we are helping you to stay motivated to keep posting. That is one of the core objectives of our program.
Hi @steembasicincome, I have a quick question. I'm currently running/managing a small community owned bot called @ssg-community, as a drive to increase our daily upvotes I have been running a competition involving SBI. OK, so here is my question:
If I wanted to buy 10 shares for an individual would I need to send 10 separate 1 steem payments or can I send as 1 10 Steem payment plus thier @ "name"?
Sending a 10 STEEM payment with one @name is just fine.
Thats so much easier thank you. Will save me so much time, think we are up to 40 steem so far. This is an ongoing monthly fundraiser, so you might want to create a new @sbi-ssg just to upvote us 😂😂😂 lol
That's funny @welshstacker.
Can I join @ssg-community? Or it is for users in certain Geographical location?
It's open to anyone that collects, buys or sells precious metals. Do you collect gold or silver coins? The best way to get invited is to show interest, ask question and blog using the hashtag "steemsilvergold". If your posts are of a high enough quality then you will be invited to join. Hope that helps
Yes, it does. Thank you.
If one person won more than 1 time .
Than each time you guys notify them in their walet.
I checked out all your post but didn't understand.
So please reply??
One post a week is enough. We modify the upvote per post to compensate for posting frequency. (So they get their full weekly allowance on a single post instead of spread out across multiple posts).
We only send a single notification on initial enrollment. Upgrading to notifications on every enrollment is part of our development plan and will be available eventually.
Lifetime upvotes.
Weldone with the good work @steembasicincome. I have not received any upvote from steembasicincome today.
I am in pool 4 @sbi4 and i post once daily. I will like to know what went wrong. Thank you.
We use @steemauto for our vote delivery now, and they have been experiencing server issues for the last couple of days.
Thank you for the prompt response, will the missed votes be added to my next day post? or that has been lost?
Keep up the good work
We don't normally catch up missed votes because of the manual effort it would require. However... when we move to our fully automated system, there will be some changes and we will calculate what upvote value every member should have received. Since the new system changes will be favorable to most members, they will start out with 'balances' that will be caught up in their first few upvotes until their accounts stabilize at upvote values that are in line with their posting frequency and share counts.
Gentleman! You said 1 post per week is enough, so to get this feature I should make a post atleast have a different of seven day or more.
So, I am posting after 5 days,if I had confirmed sbi share 12 then you will give 0.12×4 weightage vote.
But actually this doesn't happen!!
Is this so?
Please reply?
We calculate your WEEKLY value based on your share count and bonuses. We then divide that by your actual posting frequency to determine your upvote value per post.
Changes are made manually on a cycle, so changes in your posting frequency or share counts might not always be reflected right away.
When we move to our fully automated system, it will be much more dynamic. You will be able to see the difference if you post 3 days in a row and then weight 5 days before your next post. Right now you would probably not see any difference.
Thanks for your reply Gentleman!!
Last question : today I just posted and 6 hours passed but still I didn't receive upvote by SBI.
Please reply ?
It looks like there have been some server issues with @steemauto again.
I sent 1 steem and my friends name how long do I wait
Answer is provided in this post.
30,000+ shares, that's impressive! Glad to see this is turning out to sustain itself so well!
=^..^=
Suggestions are always appreciated. Great suggestions and opportunities don't come often.
Steem Basic Income offers both. Thanks.
SBI moving on up. Great news. Love me some SBI. 💜
Good info bro.
Hope you keep helping like this also in future...
Just upvoted.
@steembasicincome
Great! Maybe sponsor someone)