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RE: Steemworld Benefit Raffle! Win SBD & SBI! ~~~Week 1 Winners and Week 2 announced~~~
Hi
I am curious, has anyone ever tried to sponsor like 10 - 100 people in a country with a high exchange rate for the dollar?
Does this provide a decent basic income?
I wonder if you bought ten shares per person at 0.008 Steem, which right now is about 0.08 cents times 50 equals 4.00 Phillipino peso. So you would need to buy at least 100 shares for 40 peso per week. Or 1000 SBI for 400 Peso a week. I wonder if there are places with greater then 50:1 exchange rate?
We have a few members in Venezuela and various parts of Africa that others have sponsored for significant amounts. Currently the system has quite a bit of manual processing involved, so it makes it a challenge to make targeted efforts. It should be fully automated soon, and then we have quite a few ideas for making a more targeted impact in areas like you are suggesting.
Thank you