Steem Basic Income Toolkit Guide

Steem Basic Income (SBI) is an innovative project that aims to provide a universal basic income through the use of blockchain technology. By leveraging the Steem blockchain, SBI seeks to empower individuals and create financial independence in the digital economy. - Project Background: - Launched in 2017, Steem Basic Income arose from the Steem platform, a blockchain designed for content creators and social media users. - The initiative was created to address economic disparities by distributing a steady stream of income to participants, thus promoting financial stability and creativity within the community. - Team: - The project was initiated by a dedicated group of developers and community members passionate about the potential of blockchain to change lives. - The team emphasizes transparency and collaboration, often engaging with the community to ensure the project evolves according to user needs. - What It Is: - Steem Basic Income operates as a decentralized income distribution system, allowing users to receive a small amount of Steem cryptocurrency on a regular basis. - Participants can join the program by purchasing SBI shares, which entitle them to a portion of the daily income generated, fostering a sense of community and mutual support. - Key Features: - Regular Income: SBI provides participants with a consistent income stream, helping individuals manage their expenses and invest in their passions. - Decentralized: The project is built on the Steem blockchain, ensuring that income distribution is automated, fair, and transparent. - Community-Oriented: SBI encourages a strong community spirit, where members can support one another and collaborate on various projects and initiatives. - Low Entry Barrier: With a nominal cost to acquire SBI shares, anyone can participate, making it accessible to a wide audience, including those in underserved regions. - Value: - Steem Basic Income not only provides financial support but also fosters a culture of creativity and productivity among participants. - By enabling people to focus on their passions without the stress of financial insecurity, SBI helps unleash human potential and innovation. - The project serves as a model for future universal basic income initiatives, showcasing how blockchain technology can be utilized to enhance economic equality. In conclusion, Steem Basic Income represents a groundbreaking approach to financial support through the power of blockchain. By creating a decentralized income system, it empowers individuals, promotes community engagement, and offers a glimpse into the future of economic sustainability.

Steem Basic Income is a decentralized platform on the Steem blockchain that aims to provide a basic income to users through a system of token distribution. This guide will outline the key steps needed to effectively use Steem Basic Income for both earning and supporting others. To begin, you must first create a Steem account if you do not already have one. Visit the Steem website and follow the prompts to sign up. Once your account is established, you can log in to the Steem Basic Income platform. The first core use case is participating as a recipient of income. To do this, navigate to the Steem Basic Income website and connect your Steem account. After connecting, you will need to apply for Basic Income. This involves providing some information about your account and agreeing to the terms of service. Once your application is submitted, you will enter a queue for receiving regular payments in the form of SBI tokens. The second core use case is supporting others by purchasing SBI tokens. To do this, visit the purchase section of the Steem Basic Income platform. Here, you can choose the amount of SBI tokens you wish to buy with your Steem Power. It is important to have sufficient Steem Power in your account for this transaction. After selecting the desired amount, confirm the purchase. Once the transaction is processed, the SBI tokens will be added to your account. The third use case is making use of the tokens you have received or purchased. SBI tokens can be used to support other users by delegating them. To delegate your tokens, go to the delegation section of the platform. You will need to enter the amount of SBI tokens you wish to delegate and the account of the recipient. Confirm the delegation, and the tokens will be transferred to the user's account, allowing them to benefit from your support. Additionally, you can also track your earnings and contributions through the dashboard on the Steem Basic Income website. This feature provides insights into your activity and the effectiveness of your support. In conclusion, using Steem Basic Income involves signing up, applying to receive income, purchasing tokens, and supporting others through delegation. By following these steps, you can actively participate in the Steem Basic Income community and help foster a culture of support and sustainability.