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in #busy6 years ago (edited)

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.

Consistent Growth


We have ten voting accounts, so your upvotes could come from @steembasicincome, @sbi2, @sbi3, @sbi4, @sbi5, @sbi6, @sbi7, @sbi8, @sbi9 or @sbi10. The new system dynamically selects the best account to deliver your upvote at the time of upvote delivery.

We currently have 6109 members that have posted or commented within the last 28 days, and many more members that have not. There are currently 118403 units in the program, and it grows every day.

Upvotes by Voting Account


As each upvote is delivered by our newly automated system, it selects the highest VP account that can deliver the full scheduled upvote value. We are working toward creating a smooth VP curve between accounts that will eventually result in most accounts always getting their upvotes from the same 2 or 3 accounts.

image.png
(@steemsql data visualized in Power BI by @josephsavage)

There are lots of different ways to look at voting. This shows the total number of upvotes (without respect to size) delivered in the last week. The biggest boxes belong to members that have a high enough SBI subscription level to get regular upvotes that exceed the minimum threshold.

@steembasicincome accounts voted

A more common way to look at voting distribution is by vote weight. This is more meaningful when broken up by account, and we are seeking to prototype regular upvote reports from each of the voting accounts. Here is what it looks like for @steembasicincome. Each member is assigned a random color, but there is no meaning to each color.
image.png
(@steemsql data visualized in Power BI by @josephsavage)

After the regular self-vote that we use to maintain sustainability, the next largest weight distribution goes to @qurator. This really highlights the value of upvoting rewards! After a chat a few weeks ago, they gradually increased their upvotes on @steembasicincome to test out our upvote multipliers. Now they give us upvotes, we reward the appropriate value (with multiplier) once each post is rewarded, and both programs steadily grow their SP base and decrease our long-term dependence on leased delegations.

Contest Update


The FAQ Contest is closed across all categories. We are working to tabulate the results and we plan to publish a table of the winners within the next week or two. There were so many quality responses that it's going to take me longer than I anticipated to finish the scoring. That's a good problem to have, so stay tuned for that announcement.

Enrollment


If you want to get involved in Steem Basic Income, or to increase the level 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 (excluding yourself), it does not have to be a current member.

If you're unclear, please check out our full transaction memo guidelines and 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 accept SBD at our discretion 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.

Enrollments are processed automatically every 144 minutes. Confirmation transactions are manual and typically are sent within 2-3 days. Even if you have not received a welcome transaction, you can check your status using !sbi status.

SBI Writer's Group Needs Your Help


A few more spots are available for interested writers to join the SBI writer's group.
You do not already have to be a member of Steem Basic Income to take up this opportunity, but a basic working knowledge of SBI would help.

Previous Interviews📖
Interview with @andrewharlandInterview with @f3nix
Interview with @dynamicgreentkInterview with @improv
Interview with @dosdudeshttps://steemit.com/interviews/@steembasicincome/interview-with-holger80

Participating writers receive payment in SBI units, along with a writing credit on articles and updates published on @steembasicincome account, to 5k+ followers. Bonuses in STEEM/SBD are available for quality work that requires minimal editing.

Full information about the program is available here. If you are interested, please direct message me (@josephsavage) on the Steem Basic Income discord server.

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 discord channel. To review your counts, check out our new member lookup tool.

Helpful Reading📖
A Complete OverviewFrequently Asked Questions
Managing Voting PowerPulling Back the Screen
Steem Basic Income, rShares, and AutomationNew SBI Member Lookup Tool
Vote Values in Steem Basic Income - Part One: BlockchainVote Values in Steem Basic Income - Part Two: The Way We Were
Vote Values in Steem Basic Income - Part Three: Where Are We Going?SBI 1.0 - Initial Automation Release
Vote Values in Steem Basic Income: Part Four - Value Balances and Upvote DeliverySBI - Responsible Voting and Following
SBI - Check out Our DiscordSBI - Refund Policy Redux

Foreign Language Resources📖
[VN] Phân tích rủi ro và ước lượng xác suất cho SBI.[Traduction] Steem Basic Income - FAQ
[PT] Steem Basic Income - Questões FrequentesSteem基本收入 (Steem Basic Income) - 常见问题 FAQ
Filipino Translation: Steem Basic Income - Frequently Asked QuestionsFilipino Translation: Steem Basic Income - A Complete Overview
Indonesia translation: Steem Basic Income - Frequently Asked QuestionsCo je nového u Steem Basic Income? - #cesky


Global Block Builders


Steem Creators Conference is now Global Block Builders. We are happy to have been invited back for our third appearance. Join us in Austin, TX, USA from April 10 through 13.

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Lovely made post here, from the infographics, to the organization of data and the text; it would make a chef of blog posts give a tender kiss indeed. (The infographic creators ought to be called artists, like let’s make an art movement on data! XD) Anyways, great updates as always and happy to see where this goes. !sbi status

Hi @theironfelix!

  • you have 77 units and 10 bonus units
  • your rshares balance is 427466512866 or 0.237 $
  • your next SBI upvote is predicted to be 0.047 $

The more time passes the more the system works: congratulations, guys! !sbi status

Thanks for your support.
Were you posting infrequently a few weeks ago? We had some too big comment votes go out when we were testing that system, and it overdrew a few member balances. I think that's why yours is showing as negative.

Hi @inlakech!

  • you have 7 units and 0 bonus units
  • your rshares balance is -12095348127 or -0.007 $
  • you need to wait until your upvote value (current value: -0.001 $) is above 0.010 $

Cool infographic! The rectangles are mesmirizing.

Posted using Partiko Android

Yes, informational art! These types of visuals actually portray more information than pie-charts, because the different angles make it hard for us to accurately estimate the size of each piece. We are much better at identifying which rectangle is bigger, especially where it's sorted.

As what I would consider to be a pretty small share holding, what I like about the upvote system is that I really don't need to worry about when I vote on an SBI post or comment. Any curation rewards are essentially irrelevant for me, so as long as the votes on the post or comment don't become dust, I get the rshare boost equivalent (plus a multiplier if I understand it correctly) to power up my future SBI upvotes.

Get around it people, upvote all those SBI comnents and everyone benefits in the long run.

We recognize that the way the curation algorithm works means that most of our members do not earn much curation from upvoting our posts.
That's why the muliplier has been applied (assuming 0 curation from voting on us, an upvote of 0.10 will get you 0.134 added to your balance, which results in author rewards of 0.10). Then if you do get any curation from voting on us, that's just bonus!

And we do have two backup services in place to help prevent our comments from turning into dust.

Given my share of upvote and resteem of this post, today.

Thank you @steembasicincome for your service.

Posted using Partiko iOS

You're welcome!

It's a pleasure to be present in the cover photo: thanks, guys! ;) !sbi status

Sort of an accomplishment at this point, so congrats!

Thanks, guys! 🙏🏼

Posted using Partiko iOS

Hi @amico!

  • you have 63 units and 1610 bonus units
  • your rshares balance is 6805235515119 or 3.663 $
  • your next SBI upvote is predicted to be 0.733 $

!sbi status

Posted using Partiko iOS

Hi @amico!

  • you have 63 units and 1610 bonus units
  • your rshares balance is 6805235515119 or 3.655 $
  • your next SBI upvote is predicted to be 0.731 $

!sbi status

Posted using Partiko iOS

Hi @amico!

  • you have 63 units and 5110 bonus units
  • your rshares balance is 6189701419008 or 3.280 $
  • your next SBI upvote is predicted to be 0.656 $

Congratulations @steembasicincome! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 88000 upvotes. Your next target is to reach 89000 upvotes.

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Support SteemitBoard's project! Vote for its witness and get one more award!

Another 1000 upvotes delivered! all the more impressive that this is climbing so quickly now that we have a minimum upvote value.

I like the way the system is visualized in your chart as it provides a grrat view on how distributed the project has become! The automation is doing a great job ensuring even more inactive members are getting the benefit more so than before. Great work!

Posted using Partiko iOS

Thanks! I've been trying to find the best way to visualize everything and I'm glad you like these box charts.
The automation has definitely freed up a lot of my time so that I can focus on the bigger issues.

!sbi status

Posted using Partiko Android

Hi @amr008!

  • you have 12 units and 110 bonus units
  • your rshares balance is 148095805843 or 0.083 $
  • your next SBI upvote is predicted to be 0.017 $

Hi @brickmanbrad!

  • you have 20 units and 0 bonus units
  • your rshares balance is 246864201366 or 0.143 $
  • your next SBI upvote is predicted to be 0.029 $

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