Steem Basic Income - Member Upvotes Drive Sustainability (25 May 2018)

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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.

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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 seven pools, so your upvotes could come from steembasicincome@steembasicincome, sbi2@sbi2, sbi3@sbi3, sbi4@sbi4, sbi5@sbi5, sbi6@sbi6, or sbi7@sbi7. We currently have 2385 members that have posted within the last 28 days, and many more members that have not. Unfortunately the members that are not posting are not receiving upvotes. There are currently 14175 '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! alt
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@steemvoter or steemauto@steemauto.

We have updated the targeting this week so that members get full bonus if they upvote each update, even if we miss a few days. Members will see that extra boost start to reflect in their results as we complete the next round of rebalances.

We have been using some of the fixed-return upvoting services again, and you can see their impact in the chart. It definitely helps boost long-term sustainability, as you can see in our 28-day SP rewards:

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steemsql@steemsql DB, with visualization in Power BI

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@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.

If you're unclear, please check out our full transaction memo guidelines and then 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 still validated manually, and typically take 2-3 days to process.

EarthNation

Steem Basic Income is designed by josephsavage@josephsavage, and developed in collaboration with earthnation@earthnation. We are grateful for their early support, both in brainstorming ideas for improvement and in providing funding for our massively complex automation requirements. Learn more about Earth Nation on their web page at https://earthnation.world/

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Questions?

Please read our recently published FAQ. Most questions are addressed in our FAQ or in the additional 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.

Steem Basic Income - Member Upvotes Drive Sustainability (25 May 20... | Ecency