Steem Basic Income - Updated Transaction Memo Guidelines

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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New Transaction Memo Guidelines

Thanks to amazing development help from @holger80 (click to support his work by voting for him as a witness), we have been making great progress on our development roadmap again.

We now have a test system in place that is building member records from transaction history. That makes now a good time to refresh and update our transaction memo guidelines for enrollment memos!

You only need the @ and username of your sponsee in the transaction memo (e.g. @josephsavage). It's fine to send a list, but we prefer a comma after each name. (@josephsavage, @sneakyninja). Please keep a balanced share count per member if you send a list (i.e. 2 STEEM with 2 names, 6 STEEM with 3 names, 9 STEEM with 3 names, etc.). If you want to sponsor multiple members with different share counts, please break it into separate transactions.


These examples are both perfect! Comma separated @ list, with the number of sponsees matching the amount of STEEM, or separate transactions with 1 STEEM sent for each member are both perfect. Model your transactions after either of these and you will be fine!


This is great, too! We will recognize the 5 STEEM and add five shares to both sponsor and sponsee!


These were fine during manual processing, but to simplify the development for automation, we need a more consistent format. Specifying 'sponsorship' or explaining your transaction is no needed. The @ is optional if you are sending a single name, but to ensure accurate processing, please always include it for each user-name in a list.

Please do not include other wording in your enrollment memos, especially names of other users that are not the persons being sponsored!

We also support special sponsorship transactions. Many members for their contests have asked about setting a separate sponsee as the 'sponsor' for the second share. This is supported via '@sponsor:@sponsee'. For example, a transaction comes from @josephsavage with a transaction memo that reads "@katysavage : @babysavage". This would be interpreted as @katysavage sponsoring @babysavage, even though the transaction came from @josephsavage.

You could also use this to submit enrollment transactions through @blocktrades or other exchanges. If you withdraw to @steembasicincome with transaction in this format, you can still receive credit for sponsoring (or sponsor people anonymously by having neither name be from you!)

These updated guidelines facilitate the automation for enrollments. We are making good progress toward automation, but enrollments are currently processed manually.

The official currency for enrollment is still STEEM. We are not currently accepting SBD for enrollments. Please allow up to 7 days for your enrollment to be processed..

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:



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Questions?

Please read our 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 discord channel. To review your share counts, we recently introduced our new SBI Member Lookup Tool.

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