Steem Basic Income - Member Upvotes Drive Sustainability (7 May 2018)
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 six pools, so your upvotes could come from @steembasicincome, @sbi2, @sbi3, @sbi4, @sbi5, or @sbi6. We currently have 2019 members that have posted within the last 28 days, and many more members that have not. Unfortunately the members that are not posting are not receiving upvotes. There are currently 11453 '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 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. To get the best benefit, we recommend using @steemvoter, @steemauto, or Streemian.
Our new enrollment processing system is in final testing, which will make it much easier to process enrollments, provide regular updates, and manage voting rules more consistently. We have been working very hard to be consistent with your updates so that members can achieve close to a full bonus without needing to upvote comments. I'm looking forward to the improvements that will come with full automation!
With the long bear market in STEEM/SBD pricing starting to recover, we have started using some of the fixed-return upvoting services again, and you can see some of that impact in the chart. It definitely helps boost long-term sustainability, as you can see in our 28-day SP rewards, which are gently up-trending again:
@steemsql DB, with visualization in Power BI
Enrollment
If you want to get involved, or to increase the share of basic income that you receive, enrollment is very straightforward:
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 any active Steemian, it does not have to be a current member.
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 accepting SBD for enrollments.
EarthNation
Steem Basic Income is designed by @josephsavage, and developed in collaboration with @earthnation. We are grateful for their early support, both in brainstorming ideas for improvement and in providing funding for our massively complex automation requirements. Learn more about Earth Nation on their web page at https://earthnation.world/
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.
I love entering contests to win SBI. Your votes make me keep posting. Thank you.
Sounds like we must be doing something right!
I've recently gone back to posting daily and can say the votes have been worth it. Thank you.
You're welcome. Welcome back!
Thanks for giving me free upvote in my every post.i am really thankful
You're welcome!
This is a great program and a source of inspiration for many recent arrivals on Steemit!
Helo @steembasicincome, i observed i was upvoted with 4% after i registered 3 persons then later it reduced to 3% upvote weight and now 2% for over a week now. Please what is the reason for that?
https://docs.google.com/spreadsheets/d/e/2PACX-1vRhhnY8couo1lPKsOBLvwS1hfvVAlB6SrhAHWiM3qXOVep_AUenh97SyPAsMCBWH26HgCOrclNl31BZ/pubhtml#
As far as I can tell, you moved up from SBI3 to SBI2. Also your posting average per week over the last 28 days was at 8 posts per week. Steembasicincome always takes the higher number of both frequencies.
SBI2 has more SP than SBI3, so needs less upvote weight to give you the same gain per week. (With the same posting frequency.)
Basically: You will always get the same support per week from steembasicincome. Your posting frequency and in which pool you are will determine how high your upvote weight per post is. A higher posting frequency will reduce the upvote weight per post, while a lower posting frequency (with at least one post per week) will increase the upvote weight per post.
You should still gain the same amount from your four shares as in the beginning (or a little bit more per week, but never less).
If you want some bonus shares (up to 100% Bonus) start upvoting the posts and comments from Steembasicincome. You can use services like https://www.steemdunk.xyz or https://www.steemauto.com to automate it.
Also sponsoring of course, to get more shares.
Thank you @takowi. We really appreciate help from members like you.
a joint project will be more successful if we support together also, let us succeed for the sake of success together
I've been promoting this project to some close friends, let's succeed this mega for the sake of progress together, success always
Thank you for your support!
It says I can gain more upvote weight by upvoting sbi regularly. Is there a specific weight that needs to be upvoted? I want to set up my steem voter and need to know what to set it at.
Currently full bonus is gained from upvoting at 100%. In the future, we will recalibrate to reward back to you the actual value received from you (plus extra for incentive). If you are under-rewarded under the current system, we will catch you up when we release the new system, but it's looking likely to be a couple of months at least.
@steembasicincome thank you for the upvotes on every post 😊
SBI still has my support in their mission to have a positive affect upon the steemit platform. We're running another 'Best Comment Contest' with 3 SBI as prizes...
Regards @averageoutsider
Thanks for sharing! All the posts I saw in preparing my contests list for today were follow-up 'N days left' posts, but I think I included it in last Friday's announcement. I will watch for your next one and make sure it gets included in the appropriate contests post.
You have included my past contests in your listings, and very much appreciated. This comment to you was just my way of stopping by and saying hello...Not a signal of any sort beyond that :)
Oh, cool. Well, hello there!