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.

img source pixabay

New Transaction Memo Guidelines

As we make progress toward full automation, we have finalized the new transaction memo guidelines.

You only need the @ and username of your sponsee in the transaction memo (e.g. @josephsavage). It's fine to send a list, but we prefer a comma after each name. (@josephsavage, @sneakyninja). Please keep a balanced share count per member if you send a list (i.e. 2 STEEM with 2 names, 6 STEEM with 3 names, 9 STEEM with 3 names, etc.). If you want to sponsor multiple members with different share counts, please break it into separate transactions.

These examples are both perfect! Comma separated @ list, with the number of sponsees matching the amount of STEEM, or separate transactions with 1 STEEM sent for each member are both perfect. Model your transactions after either of these and you will be fine!

This is great, too! We will recognize the 5 STEEM and add five shares to both sponsor and sponsee!

These were fine during manual processing, but to simplify the development for automation, we need a more consistent format. Specifying 'sponsorship' or explaining your transaction is no needed. Please include the @ as it signifies definitively that it's a user-name.

These new guidelines facilitate the automation for enrollments. We are making good progress toward automation, but enrollments are currently processed manually. There may be some delay before you receive confirmation or adjustment to your voting weights.

Steem Creators Conference

We are pleased to have been invited to speak at the Steem Creators Conference in Las Vegas next month. Learn all about it at https://www.steemcreators.com/ Mark your calendars and book your tickets, this is going to be an awesome event! (Look for our name on the registration page to get a $25 discount on your tickets.)

Enrollment

If this sounds interesting and you want to get involved, or to increase the share of basic income that you receive, enrollment is pretty 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.

The official currency for enrollment is STEEM. We accept SBD at our discretion (usually when they're very close, or when SBD is stronger) but you do not receive extra value or any partial refund for paying in SBD instead of STEEM. If we choose to accept an SBD enrollment, we accept the entire amount. If we choose to reject it, we refund the entire amount and request you to send STEEM instead.

Questions?

We broke down the mechanics for how the program works in the complete overview. You can check your share counts and upvoting weight in our spreadsheet explained here. If you have any questions, ask away in the comments section or join us in our discord channel.