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.

Many of our members use the #steembasicincome tag for their contests, so check there for contests that we might not have resteemed!

Edited: Emergency Update

It has come to my attention that I may have missed a full day. If your transaction was on April 15 (UTC), I will validate your full share counts as soon as I can. We are working hard to fully automate the enrollment processing, and we will do a full audit of enrollment history as part of that.

Still Going Strong

We are up to six pools, so your upvotes could come from @steembasicincome, @sbi2, @sbi3, @sbi4, @sbi5, or @sbi6. We currently have 1726 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 8222 'shares' in the program, and it grows every day.

Enrollments received before the most recent transaction of this type have been caught up.

If your enrollment transaction appears in our wallet after the most recent transaction that looks like this, it will be processed in the next batch, which we will be starting on Thursday. After that batch, we should return to our normal schedule of processing enrollments within 24-48 hours.

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!

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, @steemauto, or Streemian.

You've seen the chart of upvotes received, but how does that drive sustainability? Here are our SP rewards received over the last 28 days:

Even with a slight uptrend over the last month, we've had to return to the delegation markets to maintain our target ratios. More consistent updates help a lot to stop the big dips and start trending up again. Our new enrollment processing system is in final testing, which will make it much easier to process enrollments, provide regular updates, and manage voting rules more consistently. I'm looking forward to the improvements that will come with full automation!

Enrollment

If you want to get involved, or to increase the share of basic income that you receive, enrollment is pretty straightforward:

Just send 1 STEEM to @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.
@steembasicincome/steem-basic-income-new-transaction-memo-guidelines

The official currency for enrollment is STEEM. We accept SBD at our discretion (usually when they're very close, or when SBD is stronger) but you do not receive extra value or any partial refund for paying in SBD instead of STEEM. If we choose to accept an SBD enrollment, we accept the entire amount. If we choose to reject it, we refund the entire amount and request you to send STEEM instead.

Steem Creators Conference

We had a great experience last weekend at the #steemcreators conference! Check out the tag for footage and photographs from all the presenters and attendees, and see how many photos you can spot @josephsavage in!

EarthNation

Steem Basic Income has been developed in collaboration with @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/

Questions?

We broke down the mechanics for how the program works in the complete overview. You can check your share counts and upvoting weight in our spreadsheet explained here. If you have any questions, ask away in the comments section or join us in our discord channel.