Anyone interested in a contest to win shares for Steem Basic Income?
In addition to getting added to my voting list, how about we do a contest tomorrow or the day after that? You down?
Edit: Okay wow SBD:STEEM is 1.23:1 on the internal market right now and SBI doesn't accept SBD... I can still host the contest but I can give 1/5 or more more shares if we wait until it's closer to 1:1 again.
What is this about?
What is steembasicincome?
Contest about what?
Shares of what?
What does any of it have to do with STEEM/SBD ratio?
I add people who post original content to my own voting list, where they have a chance to receive up to one 100% power vote from myself a day.
This is an FAQ on @steembasicincome
https://steemit.com/steembasicincome/@steembasicincome/steem-basic-income-frequently-asked-questions
A contest to win shares of steem basic income, having shares means the steembasicincome account votes on your posts automatically, essentially creating a basic income for those who have shares.
They do not take SBD, they only take STEEM, it is 1 STEEM per share for 2 people, oftentimes the SBD/STEEM ratio is lower and closer to 1:1, meaning you can get more STEEM per SBD.
Interesting idea for sure.
What I do not like about it are 2 things:
The daily part- it forces people to spam too frequently.
The 2 people part- why 2? could be more, and should be less.
It is a recipe for making people feel discriminated against and creation of grudge, except for the few whom will feel gratitude.
I believe that you answered my question about the SBI and I feel that you did it well.
So the contest is equivalent to a contest to win STEEM?
Fair enough that they only accept STEEM.
It helps to power up to increase their vote.
Could be good idea, I like the idea of buying shares, but do not like to be pressed to spam.
What is the relation between you and steembasicincome?
SBI is a bidbot with an entirely different modus-operandi.
SBI is definitely not a bidbot, but an upvote service.
A bidbot has a specific definition and functionality. If you indiscriminately believe that every upvote service is a bidbot, you will have a very disappointing Steem experience.
It is a bidbot even in the literally sense.
In a common bidbot the bid happens every round and the ratio of the vote equals the ratio of the bid out of the overall bid.
The same happens in SBI, except that one does not have to send each round, but sends once (which, in this aspect makes it both more blockchain economical and saves time)
However, it forces its shareholders to spam each day, and this negates some of the benefits of not having to bid each round.
For prolific active users, I assume your model is better.
I am very active, but do not feel like posting a thread each day.
I interact with people rather than post too many threads for too few readers.
We calculate member weight on a weekly basis, and then divide by member's actual posting frequency. So a member is not actually required to post every day. In fact, a user should receive the roughly the same benefit per share if they post once per week versus posting once per day.
In fact, most members with only a few shares would be better off posting less frequently. If a member posts too frequently for their share level, and does not receive much support from other sources, their SBI votes might not exceed the dust threshold.
But I understand what you are saying about bidding on the available upvote weight. I still think there is a fundamental difference, since it's an ongoing round and we use the STEEM received to increase the voting power through leased delegation. That makes it so the round cannot be 'overbid' with an immediate fixed loss like it could be with a bid bot.
In an 'overbid' situation with SBI, it would just result in a slightly lower (though still profitable) ROI until we can recover the target SP levels.
We our working on enhancements to our system that will permit us to also upvote comments (only as a release valve for members not publishing posts.) So when that is complete, people can even receive your weekly weight just from interacting with people, rather than from posting 'too many threads for too few readers'.
You use the STEEM you get to pay for delegations instead of vesting it?
You got a 15.73% upvote from @votepower courtesy of @stimialiti!
We pay for delegations as needed to maintain a target SP per share. If we are at target across all pools (currently we are not) then we vest it instead.
You got a 18.18% upvote from @luckyvotes courtesy of @stimialiti!
You got a 20.90% upvote from @sleeplesswhale courtesy of @stimialiti!
@youtake pulls you up ! This vote was sent to you by @stimialiti!
You got a 17.39% upvote from @sleeplesswhale courtesy of @stimialiti!
You got a 15.58% upvote from @votepower courtesy of @stimialiti!
You got a 16.67% upvote from @luckyvotes courtesy of @stimialiti!
You are using bidbots that produce spam on all of your comments, so that contention is a bit hypocritical.
It is obviously a mechanism to increases growth of the project in terms of userbase and people who are involved in the project, for all I know they could run off with all the steem one day, but they have been purchasing delegations and putting effort into voting on people and there are easier ways to scam people.
I have no relation to SBI.
Yes, SBI is a bidbot of a different nature, but it is imo a good service on a platform where all the other bidbots are purely profit-motivated for the owners.
Some of the bidbots that I use do not spam.
There is still a difference between forcing me to spam (requires too much brain power and time) and using bots that spam as advertisement, or to let people know who bought them a vote when I do.
In these cases I prefer to use the bots that reply automatically due to their replies.
This confused me.
Are its shares bought with delegations or with Steem transfers?
What is the motivation for the owners of SBI?
Will its average/common upvoted content be better than the trending page, or the promoted page, or my content?
You got a 23.08% upvote from @proffit courtesy of @stimialiti!
Send at least 0.01 SBD/STEEM to get upvote , Send 1 SBD/STEEM to get upvote + resteem
You got a 21.05% upvote from @luckyvotes courtesy of @stimialiti!
I am not affiliated with SBI, their posts explain everything. Please do not come to my threads in the future and spam everything with these bot comments.
You got a 15.87% upvote from @sleeplesswhale courtesy of @stimialiti!
@youtake pulls you up ! This vote was sent to you by @stimialiti!
You got a 14.29% upvote from @votepower courtesy of @stimialiti!
You got a 16.67% upvote from @sleeplesswhale courtesy of @stimialiti!
You got a 17.54% upvote from @luckyvotes courtesy of @stimialiti!
@youtake pulls you up ! This vote was sent to you by @stimialiti!
You got a 18.05% upvote from @sleeplesswhale courtesy of @stimialiti!
You got a 21.05% upvote from @luckyvotes courtesy of @stimialiti!
Sure, sounds good. :-)
Theme of the contest was, who shows up? I'll get you a share soon. :p
:D
WOW! Just saw this and did not see that coming, thank you so much. Take care, (and whenever is fine) :-)
I'm down for that
Aight aight just testing the waters, hopefully the ratio gets better in about a week, lol.
Alright, you win a share for being present! Rofl. I'll convert it and sign you up soon, thanks bro.
I'm down for that also. but i dont post weekly.
I would get you a share if you're willing to write at least once a week or whatever satisfies their requirement to get the vote to make it useful to you. I think they are implementing automation and comment voting soon though.
that would be great. i would do it in spanish. thanks a lot
Sorry for the delay, was waiting for steem to be cheaper to convert sbd into it, just sent in the memo so they'll process it within a few days. Take care amigo.
Thank you Charitybot! But I'm still interested in the contest even if it is just for fun, as you should know by now I like winning or at least playing 😅.