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.
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After the Flood...
We read a two-part series of articles on some limitations of basic income this week that gave us something to think about. It was published on Medium. Here is the link to the first article. It links to the second at the end of the first: https://medium.com/@simon.sarris/after-universal-basic-income-the-flood-217db9889c07
California Optimistic: When 20,000 people move to LA each year to become famous actors and only 5 of them really make it, it suggests a special kind of optimism, an outlook so extreme that it actually becomes gloomy. California Optimism is an admixture of this hope and desperation. LA weather fits the ethos: Sunshine every day, as they say, makes a desert.
It's an interesting perspective on UBI as a sort of perverse optimism. Read the articles and let us know what you think!
Delegation Bonus Shares
Existing members can receive bonus shares by delegation. For every 25 SP delegated to 
Hive account@steembasicincome, members will receive 1 bonus share. Currently each share receives a weekly voting weight of roughly 7.91%
These bonus shares will be counted before the bonus shares from upvoting Hive account@steembasicincome. So if you have 1 share, received 4 bonus shares from delegation of 100 SP, and then upvoted Hive account@steembasicincome regularly, you could potentially receive upvote weight equivalent to 10 shares instead of only 1!
Any Steemian that is already enrolled in Hive account@steembasicincome can delegate as much as they would like, to receive bonus shares. The approximate APR for this delegation is 27%. That's a 27% annual return to boost everybody's basic income. I don't think it gets much better than that!
Here are some Handy Delegation links:
Current Membership
We are up to 888 shares, with 421 members. There are 39 paused members, 70 inactive members, and 174 bonus shares from upvoting Hive account@steembasicincome. If you believe your share count to be incorrect, please let us know and we will happily check it again.
Single Share Members
Hive account@splendorhub, 
Hive account@vitalmistake, 
Hive account@kit.andres, 
Hive account@gardenbsquared, 
Hive account@vangelov, 
Hive account@chrisroberts, 
Hive account@critic-on, 
Hive account@nehab, 
Hive account@docdelux, 
Hive account@valorforfreedom, 
Hive account@kingscrown, 
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Hive account@funatoz, 
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Hive account@whatamidoing, 
Hive account@libertylol, 
Hive account@trashureseeker, 
Hive account@ensteemit, 
Hive account@bereginja-steem, 
Hive account@cardoprimo, 
Hive account@farq, 
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Hive account@rodthrower18, 
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Paused Members
Hive account@uwelang, 
Hive account@boxmining, 
Hive account@weirdheadaches, 
Hive account@idikuci, 
Hive account@vee2180, 
Hive account@bryandivisions, 
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Hive account@kuchenkruemel, 
Hive account@martinwinkler, 
Hive account@rye05
Inactive Members
Hive account@bitopia, 
Hive account@aurora-ca, 
Hive account@karthikdtrading1, 
Hive account@solisrex, 
Hive account@joshua-golbuu, 
Hive account@dmwh, 
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Hive account@silverhunt, 
Hive account@shawnster, 
Hive account@psychsherpa, 
Hive account@robertlyon, 
Hive account@bola, 
Hive account@beatseb
Enrollment
Sounds intriguing... How do I sign up?
Send 1 STEEM to Hive account@steembasicincome. Include the name of a Steemian to sponsor in the comments. You and the person you sponsor will each receive 1 share in the program.
Questions?
We broke down the mechanics for how the program works in the extended introduction, and we hope to provide an updated overview soon. If you have any questions, ask away in the comments section!
