RE: Steem Basic Income - After UBI... the downsides?
I just read through your extended introduction, and the bit about how your handling users that want to sponsor in more Steem.
Myself, and other members of the #EarthNation are considering investing substantial Steem into this program.
We think two little changes would drastically increase the long-term efficiency of this program.
Set up your bot to post an automatic report detailing your up-votes 1-3 times a day. Use @earthnation-bot, @minnowbooster, @originalworks and any other bots that come into being that give guaranteed profit from usage.
Last i read, if we just send Steem without sponsoring a new person in..... The extra "Share" opens up a slot for someone who has posted too many times to receive an upvote.
We would like to see this change. We think this benefits basic income recipients with low shares that post a lot.... it doesn't seem to benefit everyone else.
We would be willing to invest more Steem over time if instead the extra shares from members sending steem without bringing in a new member were evenly distributed to all basic income recipients with 10 shares or less.
If you implemented both of those upgrades along with making sure you get at least 1 Steem worth of up-votes every-time you "issue a share for upvoting" then this program will not only be able to take on more and more people, this program will be able to give bigger and bigger upvotes overtime to everyone, especially those with 10 shares or less.
We also recommend starting to invest more Steem into SP, rather then delegation. Delegation is a good temporary boost.... but in the long run this program will have more power if it puts at least 50% of Steem into SP.
Also keep in mind that this account will be receiving bigger and bigger curation rewards. You will soon notice a significant income from curation alone(If you haven't already :P). By constantly acquiring Steem from profitable up-vote services, upvotes from basicincome members, curation, and with the help of investors who want to put in a lot of steem (like the @earthnation) i think this program will continue growing until it truly is a viable form of basic income.
Do you have a discord? Lets talk. We could be one of your most major supporters. https://discord.gg/Wp6arZ
On another note..... can we hire you to help us code some upgrades to our @earthnation-bot? I imagine it should be simple to modify the code you've made for @steembasicincome.