Hive Stake Based Income (Hive SBI) is an account-based curation program. You sponsor accounts for regular ongoing curation, and then you receive back curation rewards as upvotes on your own content. This empowers both accounts to earn a sustainable crowdfunded basic income.
Members regularly accrue pending balance, and when their pending upvote balance is high enough, they receive an upvote on their latest post (or next post if their latest post is older than 24 hours), from one or more of our curation accounts.
To provide more interaction within Hive SBI, we are resuming our interviews with prominent members of Hive SBI. We hope to bring a greater sense of community, get to know our members, and gain a better understanding of why Hivers are choosing to be a part of Hive SBI.
Graphic by @katysavage
@josephsavageJoseph is the founder of Hive SBI. Entrepreneur, investor, trader, polymath; Joseph needs no further introduction.
@freecomplimentsI just met
My desire to get to know him better was a prime factor in my decision to begin a Hive SBI interview series, to pick up where our sister program, Steem Basic Income, left off with its last interview three years ago.
At one point during a brief work break, I was interested in finding ways to earn Bitcoin, rather than simply buying it. I found out about SteemIt, where it was possible to earn cryptocurrency without having to buy into it and without having to provide any identifying information. I then read about the history of what happened a few years ago, and consequently reached Hive. It became clear that this was going to be my primary choice of blog, and in fact, my very first actual blog.
The idea instantly came to me that, in this decentralized, censorship-free environment, I could potentially start a community which I successfully began on a different platform, but later lost ownership due to a variety of platform restrictions. This time, I could run the show my way while maintaining the freedom of speech that I wanted to keep in the original iteration of the community. Thus, I opened up the
Sad stories aside... Hive gave me a new hope that a better version of this community could be built, and this time I'd be able to run it the way i had originally intended. I'd be able to have a tight grip on the community, and possibly counterintuitively, allow more freedom to users than could ever be possible on a centralized Web 2.0 platform.
Due to its inherent properties, I do see Hive as a platform where ideas can blossom. I understand that Steemit was the original blockchain iteration of Hive, and the underlying idea likely interested thoughtful, creative people like yourself.
The FreeCompliments Community essentially uses HSBI as a reward system for various activities, as well as some jobs. Currently, we use the following rewards (they usually end up much higher):
The rewards and jobs continue to expand, and the idea behind using HSBI is to gradually increase rewards both for our most active and quality-producing members, and to increase our own rewards so that we can help each other grow. It would also incentivize continued activity, rather than one-off posting. Indeed, so far the quality of content that's been submitted in the community has far exceeded my expectations, and I'm thrilled with the current trajectory that it is taking. I believe that using HSBI played a significant role in attracting people to participate and plan to continue using it on an expanding network of FreeCompliments-related accounts for a very long time.
As far as dislikes, at this point, possibly the fact that the estimated rewards on hivesbi.com don't always match up to the actual rewards. To my understanding, that's due to the Hive price not being completely up to date - my concern here being that it can mislead people into thinking their reward is different, which can affect trust. I wonder if there's a way to incorporate a live price feed for accuracy? I'm not a programmer myself, so I hope I'm not providing a goofy suggestion. 馃槄
Looking further down the road, I plan to introduce even more jobs within the community (also to be paid with HSBI), initiate ongoing realistic discussions about the concepts of complimenting and free speech, mental health discussions and outreach, possible onboarding, and come up with ways in which the community can use Hive's features in ways that have not been used before. Innovation is the name of the game.
Maybe someday I'll also participate in our themed day called Talent Tuesdays. Not yet though... I'm quite timid, haha.
I'm not really present on other social media platforms at this point - you're about 100x more likely to reach me here than anywhere else! 馃榿
Wow, I just noticed that even our Discord surpassed 50 members. Sweet! We're growing faster than I imagined possible.
I'd only add that Hive SBI is quite an underappreciated program at this point in time. I hope more people will discover and use it. Thanks for creating it. 馃槉
If you want to get involved, or to increase the level of basic income that you receive, enrollment is pretty straightforward:
Just send 1 HIVE to @steembasicincome. Include the name of a Hiver to sponsor in the transaction memo (preceded by @). You and the person you sponsor will each receive 1 unit in the program. You can sponsor any active Hiver (except for yourself), it does not have to be a current member.
The official currency for enrollment is HIVE. If we choose to accept HBD without refunding it, you do not receive extra value for it. Enrollments are processed automatically every 144 minutes.
Most questions are addressed in our FAQ. If you still have questions, ask in the comments section or join us in our discord channel.
