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.
STEEM only for enrollments
When SBD was higher than STEEM, we accepted either currency. As SBD settles back down toward $1, accepting SBD instead of STEEM will accelerate the dilution of existing members and make it more difficult to uplift the basic income received by all members. Accordingly, we will no longer accept SBD for enrollments. Any future enrollment attempts paid with SBD will be refunded with a message to use STEEM instead.
New feature - delegation bonus shares
We want to repeat this announcement for anybody that missed it. Existing members can receive bonus shares by delegation. For every 25 SP delegated to @steembasicincome, members will receive 1 bonus share. Currently each share receives a weekly voting weight of roughly 8.74%
These bonus shares will be counted before the bonus shares from upvoting @steembasicincome. So if you have 1 share, received 4 bonus shares from delegation of 100 SP, and then upvoted @steembasicincome regularly, you could potentially receive upvote weight equivalent to 10 shares instead of only 1!
Any Steemian that is already enrolled in @steembasicincome can delegate as much as they would like, to receive bonus shares. The approximate APR for this delegation is 27%. That's a 27% annual return to boost everybody's basic income. I don't think it gets much better than that!
Here are some Handy Delegation links:
100 | 200 | 300 | 400 | 500 |
Current Membership
We are up to 790 shares, with 366 members. There are 32 paused members, 69 inactive members, and 130 bonus shares from upvoting @steembasicincome. If you believe your share count to be incorrect, please let us know and we will happily check it again.
Single Share Members
@splendorhub, @vitalmistake, @kit.andres, @gardenbsquared, @vangelov, @chrisroberts, @critic-on, @nehab, @docdelux, @valorforfreedom, @kingscrown, @beiker, @ashe-oro, @anyway, @hilarski, @penguinpablo, @theguruasia, @kryptonaut, @dennisauburn, @lindahas, @marillaanne, @firedream, @axios, @bluerthangreen, @occupywallets, @razvanelulmarin, @cryptosuf, @teahna, @scuzzy, @danyelk, @jedigeiss, @enchantedspirit, @catweasel, @underground, @torico, @discordiant, @owenwat, @welshstacker, @xabi, @praise-eu, @xettrinabin, @pawanregmi28, @upv4life, @clara-andriessen, @xyzashu, @nicholas83, @vindy, @ivan.atman, @perennial, @riovanes, @not-a-bird, @kaylinart, @jrswab, @cynicaloptimist, @kristyyd, @staceyjean, @molovelly, @closerv, @braveheart29, @zord189, @birjudanak, @likedeeler, @jacinta.sevilla, @carrieallen, @haphazard-hstead, @doctorcrypto, @ilyastarar, @geekorner, @marxrab, @apanamamama, @ironshield, @adetola, @cizzo, @privat, @tensor, @hanggggbeeee, @acelad, @sweetbbsr, @criptoes, @holothewise, @wolvesabyss, @vegeta, @jyotigujju, @photocontests, @healingherb, @amanprem, @firephoenixdance, @katysavage, @sweetpea, @lauriki, @frieda, @grey580, @shakazula, @termitemusic, @theaussiegame, @earthnation-bot, @dylan007, @thearts, @shutthefrontdoor, @arbitrarykitten, @alexpavlenko, @mrwildenfree, @whatisnew, @bunnymoney, @inputoutput, @macmaniac77, @themanwithnoname, @treatimusprime, @fknmayhem, @alishi, @earisu, @stortebeker, @rocking-dave, @lonestarpoet, @deerjay, @nobyeni, @debbietiyan, @sardrt, @lilastar, @craigahamilton, @evofield, @positivelight, @wido, @jewels3, @s-montagu, @shreyansh, @bethwheatcraft, @spazzmatikk, @macchiata, @dineandtravel, @adrianobalan, @ziktor, @longsilver, @yuriks2000, @artjohn, @mineopoly, @sayee, @matren, @bammbuss, @serfis, @bogdanfees, @yekrats, @flashfiction, @yana.gora, @narchuk, @melianna, @vibeof100monkeys, @andrew.tischler, @worldclassplayer, @grottbags, @heightenedliving, @coupleumbrella, @investfourmore, @janusface, @dimales, @geopolis, @samve, @ew-and-patterns, @flamingbot, @nichi, @googlee, @funatoz, @svashta, @direwolf, @whatamidoing, @libertylol, @trashureseeker, @ensteemit, @bereginja-steem, @cardoprimo, @farq, @dontstopmenow, @tylersr, @layl, @wwf, @dalexx, @donovanpage, @thelifewire, @gtan, @ehrgeiz, @sylviemeh, @autobrad, @prabalmallick, @thebugiq, @bniode, @dynamicgreentk, @possiblememes, @piterman, @steemulator, @byn, @rodthrower18, @cplbiggs, @bryangav, @unmentionable, @ricorolla, @lifeinasatincap, @heyitsjooo, @keyss, @zer0hedge, @adammillwardart, @k3b4b, @oleksandr,
Paused Members
@damira, @uwelang, @boxmining, @weirdheadaches, @idikuci, @vee2180, @bryandivisions, @kayclarity, @fitinfun, @havok777, @hanen, @wanderingkells, @howtostartablog, @entrepreneur916, @chireerocks, @faustino, @jfolkmann, @tarazkp, @jade3141, @mariya-lorenz, @cranium, @ammadkhalid, @dedicatedguy, @mountainjewel, @marketreport, @jamesgetsit, @nikkispins, @krvsada, @grapthar, @xtetrahedron,
Inactive Members
@familyprotection, @bitopia, @aurora-ca, @karthikdtrading1, @solisrex, @joshua-golbuu, @dmwh, @anarchrysalis, @zingtoys, @butterfly-effect, @crowdfundedwhale, @grimbly, @olivers-wilde, @mysticalword, @chaostheory, @thegrandestine, @audiosiren, @martijn4ever, @jamieklinger, @chiknhead, @tythetraveler, @thephilosophizer, @paps, @excellfitlife, @gnefkow, @lexiconical, @risemultiversity, @revo, @boywonder, @starfall, @mara93, @kittykarma1111, @arthuradamson, @spykemajeska, @cryptotortoise, @stinawog, @antic, @sachdharamsingh, @zakariachowdhury, @arkayani, @syncubate, @nadhiramusic, @sunnyofoz, @uniquecosmos, @laurabean, @satinderdahiya, @silverhunt, @durzo, @thehomeschoolkid, @shawnster, @benjamincossel, @scottsantens, @psychsherpa, @robertlyon, @bola, @profedel83, @cjzachary, @beatseb,
Enrollment
Sounds intriguing... How do I sign up?
Send 1 STEEM to @steembasicincome. Include the name of a Steemian to sponsor in the comments. You and the person you sponsor will each receive 1 share in the program.
Questions?
We broke down the mechanics for how the program works in the extended introduction, and we hope to provide an updated overview soon. If you have any questions, ask away in the comments section!
I would love to join! Can i donate for myself?
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We prefer for members to pick somebody to sponsor. If you don't choose someone, we will choose an existing member with only 1 share that looks like they need a second.
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Hey man. I seem to have wound up in "inactive" members. What's/why's that and how do I get out of there?
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You already fixed it. Inactive means you hadn't posted in 7 days (in your case it was 20). I see that you have now posted again, which reactivates you automatically and you got your upvote. Inactive members are not turned off, just not receiving income because there are no posts to deliver it too.
Technically, I think that requiring delivery to be on posts makes it a basic jobs initiative instead of a basic income initiative. What do you think?
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Cheers @josephsavage. Yeah I mulled over these sorts of issues/semantics when I was thinking of setting up something like this. But I think there's no way around having a minimum posting requirement of sorts. There's limited coins/tokens, so there has to be some sort of selection process.
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I found so many cool people to follow in your members list!
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That's a creative use of the member list that we hadn't thought of! Thank you for sharing (:
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Hey, this is an interesting experiment. I will hae to join up when i have a bit more steem saved up. Like what I see.
Glitch
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Did anyone donate a spot for you yet?
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Not that I am aware of.
Glitch
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Someone was nice enough to secure me a spot in this program, so I was going to pay it forward to you. I was going to sponsor you, so I went over and I checked out your blog... didn't see anything you wrote other than your intro 4 month ago.
You should read about the Steem ubi program here
I don't have a good handle on the steemubi program as I am only here 3 days. Just taking a quick peek at your account, I am not sure ubi is a good fit for you because most of your interactions with steemit are through comments. According to the explaination of how steemubi works they dont upvote comments yet.... which I think would mean you would be put into the inactive group above. Although the capitalist in me says thats great because it ups my shares without adding competition to the rewards pool... I dont think it would be in the spirit of what steemubi is trying to accomplish.
I have few resources and want to make a positive impact for someone else too. If @steembasicincome or @josephsavage or someone else who has been with steemubi for a while can give some insight into this thought it would be cool.
I will sponsor you if someone would clarify wether your account would be helped or just added to the inactive list .
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First, let me say, Thank you! :) The fact that you even thought of sponsoring me shows you are the right kind of person for this community.
You are correct, I have not posted a lot, I am not much of a blogger, or for that fact a social media person. I am trying to get active here, working on a few projects that may make for good write ups.
I believe that the UBI scheme here will work on comments as well, as all it needs is a "post" to up vote. That being said, wether you, someone-else, or I sponser my self and pay it forward to someone else, I can gurantee that I will make a post often enough to not let myself become inactive. :) No need to waste steem/money if it isnt going to a good cause. :)
Thank you again to @royaleagle, and to @steembasicincome, for this program and thinking of us small fry.
-Glitch
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Hi! Great initiative my friend.. I don't have much steem in my wallet.. But I will get back to you as i get rewards on my next cashing out post to get myself registered with you..
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Nice info...
can i join a member ??
I'm new in steemit
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Yes, you can join by sending 1 STEEM with the name of somebody you would like to sponsor.
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I haven't had 25SP,less much than 25. What a pity!
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You don't have to have 25 SP to join, just 1 STEEM so you can sponsor somebody!
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14SP and 33 SBD that I have,
but one question: how can I live on steemit if I sponsor these properties.
Can help people better and I'll live better, both are important to me.
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It's very easy to change SBD into STEEM. Here is a guide: https://steemit.com/steem/@josephsavage/your-steemit-market-a-guide-to-trading-between-sbd-and-steem
When you sponsor somebody, you both get upvotes on your posts, and the pricing is designed so that you should recover the STEEM from post rewards within 90 days - especially if you also upvote the @steembasicincome posts!
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Sounds like a really interesting initiative. I would love to be a part of it.
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Thanks for your interest! You can join by sending 1 STEEM with the name of a person that you would like to sponsor. Each of you will receive 1 share.
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Awesome, done that. In fact, I nominated 2 people.
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Welcome to the family. You will receive a confirmation transaction when it has been processed.
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I'll sponsor @vera.carla and @meno , i'll be sending 1 sbd for each
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Oh , im sorry , i made a mistake and you are now only accepting steem , i'll happily correct that when i get the sbd refunded. my bad!
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We are willing to accept SBD whenever it's of greater value than STEEM. Do you still want us to send it back so you can STEEM?
We can convert the 2 SBD to STEEM and send the surplus back if SBD is still more valuable when we process enrollments tomorrow, unless you would like to donate the surplus.
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If you accept the SBD , it's no problem for me at all. I'll donate the surplus if any :)
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Now that steemvoter is back up, I was able to add a rule to auto-upvote all your posts. Cheers!
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Awesome! Thanks for your support!
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Cool idea. I'm just wondering though, if I wanted to sponsor a few people right away, could I just send 5 steem with 5 names in one transaction or should I send 5 separate transactions?
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I think so, just check the wallet page and see if anyone has done it before. I think @sneakyninja sponsors many at the same time
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Yep!
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Yes, it's just fine to send 5 names in one transaction with 5 STEEM.
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I sent one steem to sponsor @deemarshall without being aware that @sneakyninja has already done so. Is it possible for her to get one more share, thus or should I suggest another name. If so, it can be changed to @indiaunited
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She can have another share. People can be sponsored many times by many different people.
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thanks for that info
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How do I chose to sponsor? I dont know any member
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Hello!
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Very smart!
I like your forwardness
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I don't mind sharing it
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You don't have to know any current members, you can sponsor any Steemian you want!
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thanks, I hope to buy a share by sponsoring, soon
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Thank you for this. I have a friend who has been here since about the same I have, she has been posting some excellent essays on a number of interesting topics and doesn't get the compensation I feel she deserves for the work she puts in. The other bot programs that reward nothing of value don't help, either. @annhoyblog
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We saw your transaction and it will be processed in the next batch (should be tomorrow). Have you also considered submitting her work to some of the curation journals?
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Thank you and no, how would I go about finding them. Do a general search for curation journal?
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I'm not familiar with the process for each, but I'm aware of @curie, @sneakyninja, and @ocd as being curation projects to follow.
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Thank you
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Want to join @upv4life It a curation pool for 1 sbd and it is a onetime fee. You can invest some of the earnings to earn more
https://steemit.com/steem/@upv4life/what-upv4life-is-all-about
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