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 eight pools, so your upvotes could come from @steembasicincome, @sbi2, @sbi3, @sbi4, @sbi5, @sbi6, @sbi7, or @sbi8. We currently have 3148 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 27078 '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 or @steemauto. 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.
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 10 updates, so a full upvote bonus is currently based on providing 10 full updates (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.
We use some of the fixed-return upvoting services (a la @minnowbooster), and you can see their impact in the chart. It helps boost long-term sustainability, as you can see in our 28-day SP rewards, which are gently trending upward again, with spikes when promoted posts payout:
@steemsql DB, with visualization in Power BI
Self-voting Updates
The average upvoting bonus is 36.63% but our weekly update income is only 9.9% of the amount that we pay out in upvotes each week. With daily updates, that would be 29.7%, which still falls short of our average upvoting bonus. Paying out more upvoting bonus than we earn from updates indicates that most members are gaining more from their upvote bonus than we are earning from their upvotes.
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 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.
Please check out our full transaction memo guidelines and 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. Enrollments are validated manually, and currently take 6-7 days to process, as we are still catching up from a recent family camping trip.
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 and don't forget to book your place for the Steem Creator's Concert after-hours event featuring @wolfnworbeikood and many other amazing creators!!!
We would love to see you there!
Here is @josephsavage's presentation on Steem Basic Income from the last conference:
Questions?
Please read our FAQ. Most questions are addressed in our FAQ or in the resources that it suggests. If you still have questions, ask in the comments section or join us in our new discord server.
To review your share counts, we explain our tracking sheet here, or you can use our new tool which will be explained in detail in an upcoming post.
@zublizainordin #zublizainordin says this is Informative @steembasicincome #steembasicincome Keep up keeping up for the good of all of us...
You just planted 0.14 tree(s)!
Thanks to @sbi2
We have planted already 3152.70 trees
out of 1,000,000
Let's save and restore Abongphen Highland Forest
in Cameroonian village Kedjom-Keku!
Plant trees with @treeplanter and get paid for it!
My Steem Power = 18909.45
Thanks a lot!
@martin.mikes coordinator of @kedjom-keku
AH! We no longer need to upvote comments in order to get to the requisite 28 upvotes? Well, no matter. Happy to support regardless!
Love it, cheers from germany :)
We appreciate what you do! Kudos!
What an amazing program. Keep up with the good work, everyone! 😃
Thanks for your support!
What an amazing community. I joined several months ago but, I am just getting around to familiarizing myself with the Steemit World- Wow, there is a lot going on here
I've just bought two shares in the last couple of weeks, but I didn't realise I had to include the @ before the username. How can I check if these went through?
https://docs.google.com/spreadsheets/d/e/2PACX-1vRhhnY8couo1lPKsOBLvwS1hfvVAlB6SrhAHWiM3qXOVep_AUenh97SyPAsMCBWH26HgCOrclNl31BZ/pubhtml#
Found three transactions under "TxIn". @josephsavage sponsored you and @diabolika each 1 shares at 12.19.2017. You sponsored @diabolika one share at 7.7.2018 and one share to @littlejoeward at 7.4.2018. (Every name with an "@")
You are in pool #2 (@sbi2) with 4 shares (dunno exactly why because I only see those three transactions maybe the terms were different end 2017.) with 5 assigned bonus shares.
So I guess they went through.
Also:
https://steemit.com/basicincome/@steembasicincome/steem-basic-income-new-transaction-memo-guidelines
Cheers @takowi
When someone sends a transaction trying to sponsor themselves, or sponsoring no one, the extra share goes to someone who only has 1. That's probably what happened here since @revo spent a long time at 1.
The extra share is probably from my delegation to @steembasicincome (or is that what the 5 bonus shares are?). I also just won 2 shares in a photo comp, so I guess they probably haven't been added yet.
That's what the 5 bonus shares are.
Ah ok. I wonder if @steembasicincome should automate a return memo to verify that the share has been assigned.
That's something that we've been working on.
Ah, yeah, you are right. That could be. The spreadsheet doesn't contain that information.
Thanks for the reminder. 👍
I am a new member here, and I was hoping someone could tell me what we are supposed to be upvoting every day. @steembasicincome hasnt posted in ten days.
There were some difficulties getting updates out in the days leading up to our camping trip. Now that we are back, we're trying to maintain much greater consistency with our 'daily' updates.
Glad to see you back. I miss seeing your posts.
We had a good camping trip, but it's nice to be back!
I hope your camping trip was very pleasant! :)
Thank you! It was enjoyable, although our new baby did not sleep well, which means we didn't sleep well either...
Coincidence, I read a study some days ago, which is indicating that the sleep of babies is slightly improved with solid food.
https://www.theguardian.com/lifeandstyle/2018/jul/09/feeding-baby-solids-early-may-help-them-sleep-study
Interesting. Looks like they started from 3 months in the early cohort. I will have to research this further over the next 8 weeks.
We have also recently been on a camping trip with our baby! Yours sleeps in a pack n play in the tent? That's what we do with ours. Yes, sleep is soooo much harder. He's sleeping in his crib tonight, so hopefully everything returns to smoothly. @stinawog and I were with @mariannewest this weekend and she SANG your praises again and again. We already liked the project, but it was nice to learn that someone who had met you IRL could reinforce that impression! fingers crossed that everyone in the world will be able to get basic levels of income in the not too distant future! This is a stepping stone that I'm happy to get to support!
We actually stayed in a cabin this time, so not exactly 'roughing it'. Usually we tent, but our tent is really small so we need a bigger one now that there are three of us.
@mariannewest is great. I still feel bad I never got a Vessel tutorial together for her, though.
We have a long future, in which there will be time to give Vessel tutorials. I don't know what Vessel is.
It is a wallet you keep offline and a bunch of other stuff too. but I haven't figure out how to work it :)
no worries. We have a meetup in August with someone who knows all about it - I think :)
Oh man, hopefully you can get some solid rest, but at least the trip was enjoyable!
Last week I’ve send 9 Steem but I accidentally added my own name in the memo. Can I still change it to @andrewharland ? Thx.
When people attempt to self-sponsor, we assign the extra shares to long-time active members that still only have 1 share.
Since your transaction has not been processed yet, I will assign those 9 to @andrewharland when I reach it. It's nice to see somebody benefiting from enrollment delay, although I will still work hard to catch up over the next few days!
I think you're mixing units there. If the average upvoting bonus is 36.63% then it accounts for 26.8% of the total vote and we would be ahead with daily updates.
I believe you are correct. I need to prioritize getting updates out every day! Good thing the writer's program is starting to come together.
I see people who are trying to self sponser are giving away half share to random people.. how about sponship for sponship.. i wonder if that old school like4like model can work here 😎
A lot of people do sponsorship for sponsorship. It seems to be a common approach for those oriented more around the ROI rather than community-building and supporting others.
The global steemit environment has become like this where everyone thinks about cashing the reward pool instead of community support so there's no one who gets to blame for all these capitalist mentality
That's why we built this program that requires sponsoring others for support. It taps into that innate avarice and redirects it to support communities and individuals.
NEW TIER UPVOTES user guide
Current price is 0.150 or 0.151 SBD for 200%, 250%, or 300% upvote based on tier level.
200% ($0.30) - Bronze Level - No requirements
250% ($0.37) - Silver Level - SteemAuto Upvote of 100% or $0.02 (whichever is possible)
300% ($0.45) - Gold Level - SteemAuto Upvote of 100% or $0.02 AND 50SP delegation
All delegators make a "striking" return on your investment!
50 SP --- 100 SP --- 200 SP --- 500 SP --- 1000 SP
That being said...
Investors who delegate SP to @thundercurator are entitled to 75% of @thundercurator income after curation. Get on-board early and grow with us!
So, are the 5% of shares one of the means by which SBI will be long-term sustainable, or are they for an individual human who manages the account?
The 5% of shares for management are for the humans that manage the account, do the development, write the updates, establish long-term vision, etc. Although all of these things are part of what is required for sustainability. If we didn't have a development plan for establishing scalability, we would not still be running.
You are doing great,it is very helpful
with our togetherness getting stronger
love from india
how much votes do I get with 3 Steam shares?
Now you can look that up in the new tool we published yesterday!
saludos amigo,soy venezolana,espero contar con su apoyo y visite mis pots,feliz domingo
good day, I'm from Venezuela, a few days ago they bought some shares for me @charitybot, I'm very grateful for that. Reviewing your published spreadsheet
I am on the TxIn tab, I would like to know:
"TxIn" stands for Transcation Input, a list transaction of that all @steembasicincome accounts received. https://bitcoin.org/en/glossary/input Right now it means that sbi received the money, but still has to complete the registration, because I can't find your name in one of the pools, just needs some time.
From the post above:
You don't have to use any specific tag and your posts can be in any language. I think the only thing excluded would be NSFW content.
Thank you very much for the information, then it is up to me to wait until my entry in the platform is completed. I am new to steemit and I still do not know certain terms.
Is there anyone who can sponser me
The best way to find sponsors is to enter the many contests hosted by our members. We published a list today, and there are always more in #steembasicincome tag or in our Discord server.