I had to do a little research as i've never heard of Steem Basic Income... Here's a link for anyone who wants to know more..

https://steemit.com/basicincome/@steembasicincome/steem-basic-income-a-complete-overview I'm not too tech savvy but essentially what Dave did was give a gift, that keeps on giving... like all things steemit.. The more you participate the more you're rewarded.. thanks again @davedickeyall !!!