Several weeks ago @nathanmars suggested that we should feel free to put our own unique twist on the #Seven77 Challenge so this week I decide to give away 7 shares of @steembasicincome .
Each day for a week I would select 1 random Seven77 participant and reward them with 1 share of SBI for their effort.
So I want to congratulate Saturday's Winner @dtwo
Good day @cflclosers I followed suit. I also established an SBI giveaway. It’s a great concept in my opinion. It’s a win win for both parties. So it’s indeed amazing program. Thanks for sharing your thoughts on this .
And I wanna say you’re doing such a wonderful terrific job with #seven for #steem. And together we can make it. Crossing our fingers. Anyways, have a good one.
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So do I not need to actually express a desire to enter your giveaway, you just pull from the full list of participants?
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Thank you very much for this. I am very grateful for the prize. Steem to the moon.
Please, I still dont understand the concept of sbi. What can I use sbi for?
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You don't have to do anything with @steembasicincome . When someone awards you a share both of you will earn from the steem power of that share for life! 1 share is equal to 1 steem power. Ive awarded 6 so far this week, that means that I will earn off of 6 steem power every post for as long as I keep posting. So for that reason there is an incentive to give them away. You now have 1 share, but lets say you award a share to someone in the future you will earn voting rewards off of 2 shares which is equal to 2 steem power. I believe I have around 100 shares in total that I have accumulated over the past year. That is why you will see votes on my posts for accounts called sb1, sb2, sb3,sb4 etc. Those are the voting accounts used by steem basic income to upvote share holders. It's fun and can help you earn more steem
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