[SBI] Sponsor for Sponsor [S4S] Deal – 1 Steem [Updated]

in #steembasicincome5 years ago (edited)

This is the first, and hopefully not the last, attempt from me to do a small sponsor for sponsor Deal of steembasicincome levels. I have right now 12 1 liquid Steem in my wallet, so basically 12 1 levels to sponsor. That said, let’s get into it.


What is a Sponsor for Sponsor [S4S] Deal?

Sponsoring someone for a Steembasicincome level (by the way you can check out their FAQ) is quite simpel:

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 unit in the program. You can sponsor any active Steemian, it does not have to be a current member.

Also check out the Transaction Memo Guideline.

With a sponsor for sponsor deal you can sponsor someone who will then sponsor you back. With that you are receiving two levels instead of one per Steem.

As far as I’m concerned, it’s not against the rules from Steembasicincome, they know that this is possible.

1 STEEM if you are generously enrolling others, using it as a contest prize, etc or 0.5 STEEM if you are coordinating with a friend to sponsor each other or enrolling another account that you control
Found here.

Let‘s crunch the ROI for a sponsor for sponsor. Based on the [spreadsheet from SBI] the simple return per unit right now at the time of this post is 42.84%. But that is based on the price on 1 Steem for one unit for one year. With a sponsor a sponsor you will receive two levels instead of one, doubling the ROI, thanks to a 50% discount on those 2 Units.

Also it only takes 12.5 Steem instead of 25 Steem to get (roughly) a daily upvote from SBI. Which seems like a good deal.


Terms and Conditions

  1. Send “any” amount (regarding to the rules of SBI) of Steem with @takowi to @steembasicincome and reply with a proof of this transaction (Screenshot or steemd link, so I can find the transaction) on this post.
  2. The total amount of units in this sponsor for sponsor is soft limited at 12 units, because that is what I got as liquid Steem right now. the amount of liquid in my wallet. So you should check what is in my wallet and how many was already sponsored.
  3. Nonetheless, if you have sponsored me and the soft limit was reached, I will sponsor you back as soon as possible, aka as soon as I have received enough author rewards to fulfill your sponsor. You can check for coming author rewards on steemworld. Be aware that it might take a while to sponsor a high amount back.
  4. Feel free to coordinate with others for a sponsor for sponsor in the comment section of this post.
  5. Regardless all of the rules of SBI applies.
  6. Avaiable until the post payout.

How to support

Despite the usual stuff, you don’t have to do, you can support me with a simple click down on the Ad link provided by @dclick without using your mana or resource credits. It only takes a small click for you to support me. 👍
Also you should check out @dclick. Quite awesome so far.

Thanks for your time. Critic and questions are totally welcome.


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Update

Quite a success I would say, already down to 1 Steem left. Forgot to mention, that the end is roughly the post payout to give that an deadline. Don't worry though, I would even sponsor you back then. I will publish the next when I receive circa 10 Steem again, so it's worth for everyone again.

Sort:  

I have just sent 10 steem to SBI.
4 minutes ago 10 STEEM sent to @steembasicincome @takowi
Please check looking at my wallet.

I have found your transaction here.

And here is mine.

Thank you very much. 😎

A great idea which can drain your liquid steem quickly :)
But it's well invested :)

Exactly. Still have to find a way without editing the post over and over again. Right now, I still have 4 Steem left for a Sponsor for Sponsor. I guess in the next post of that S4S I will just mention the beginning amount in my wallet, the rest can be looked up there.

As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!

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