Steem Basic Income to Self Fund Contest - Pay It Forward Account Builder #3
What is @pifc?
Pay It Forward Contests (@pifc) account will be the future home of the Pay It Forward Curation Contest and other contests designed to help new steemians and others build their accounts. Goal is to keep the Curation Contest as the flagship contest with the largest prize pool, but want to add some simple contests with smaller prizes like starter packages to Dust Sweeper (@dustsweeper), or small SP delegations, or other prizes designed to help push smaller members to build their accounts.
What Is With the Account Building Posts?
Well to get the ball rolling I am trying to build up some SP and more important some SBD to allow this account to be more self sufficient by leasing its own delegated SP. Hopefully over time this account can grow to a point where leasing SP isn't needed, but to start with it's going to be needed. Don't want to be trying to upvote the Curation entries with 3sp votes, you all deserve larger votes then that so in an attempt to reduce the out of pocket expense a little these Account Builder posts are being used.
I think it's smart to answer these kinds of questions; it gives @pifc that much more transparency, even though I know your motives and intentions are pure :)
that I'd like to address a little bit. We will keep this account very transparent and without the need to visit steemworld you will know how we are using our post earnings. You will see where the money comes from and where it goes.
On this note I will share that to date I have purchased 25 @steembasicincome shares with my own money for the Pay It Forward Contests account at a cost of 25 steem. My goal is to purchase 100 SBI shares before we take this account live. The votes from 100 shares will help make sure that any small 1 day type contests are self funded or really close to it. Hopefully the small contests can run a small profit to allow for further powering up to really build up the Curation Contest prize pool.
What can you do today?
With the idea of #steembasicincome shares being able to self fund small contests I was thinking that if you are looking for a way to help not only @pifc, but also yourself you could purchase a SBI shares for @pifc. Each share you purchase will not only guarantee lifetime votes on all future posts for the @pifc account, but also for yourself. The cost is 1 Steem (not SBD) per share.
This is a great way to make @pifc self sufficient in terms of earnings per post to cover different small contests and help as many minnows as possible.