What is Hive Basic Income
In the decentralized world of the Hive blockchain, a unique and impactful initiative is changing how creators and community members are rewarded for their contributions. Hive Stake Based Income (HiveSBI) (formerly referred to as Steem Basic Income) is an innovative program designed to provide a sustainable, crowdfunded basic income through a powerful, community-driven curation system. By understanding the core mechanics and purpose of HiveSBI, participants can not only earn rewards but also contribute to a more equitable and supportive ecosystem.
At its heart, HiveSBI is an account-based curation program. This means that users can sponsor other accounts, which in turn leads to them receiving regular curation rewards. The genius of this system lies in its reciprocity. When you sponsor an account, you also receive curation rewards in the form of upvotes on your own content. This creates a virtuous cycle where supporting others directly benefits you. The primary goal is to empower both new and established accounts, helping them build a steady stream of passive income that can support their continued participation on the Hive platform.
How it Works
The operational flow of HiveSBI is straightforward yet highly effective. As a member, you accrue a pending balance. This balance grows through various activities, such as sponsoring new members or receiving sponsorships yourself. Once your pending balance reaches a certain threshold, you receive an upvote on your next post from one of the program’s official curation accounts. This system ensures that rewards are delivered consistently and predictably.
Documentation
The documentation for HiveSBI serves as a comprehensive guide for anyone looking to get involved. It goes beyond a simple explanation of the mechanics, offering a wealth of resources to help members navigate the program successfully. The FAQs section addresses common questions and clarifying nuances, providing detailed guidelines on transaction memos, ensuring that all actions, such as sending Hive to sponsor new members, are executed correctly. There is also information about how to check your pending balance and what to expect regarding upvote delivery. https://docs.hivesbi.com/
How to get Sponsored
Visit Inleo.io and tag @slider2990 in a thread regarding your desire for membership. As I build up liquid hive I will sponsor each account with at least 1 unit.
To your success,
Thomas Moore
Posted Using INLEO