Steem Basic Income - User Retention Impact

3년 전

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.


User Retention

Earlier this week, I read this excellent post by @paulag. She breaks down the retention rate of Steem users that make it past their first day. 72.53% of user accounts are inactive, and most of those barely make it past one month!

It was a very interesting article (that you should read), and it made me curious how Steem Basic Income stacks up. To be fair, I do track inactivity to correctly manage voting power, so I had a pretty good idea how things would look. Still, she defines inactivity a little differently than I usually do. I messaged @paulag and asked if she would perform similar analysis on SBI members (sample was selected based on all users that have previously received an upvote from @steembasicincome or one of the pool accounts). She graciously obliged, and shared a couple of charts with me.


This first chart shows retention for all Steemians that received upvotes. Since most early members were highly active Steemians with long-term engagement (e.g. their activity may not be impacted by their membership in Steem Basic Income) she performed a comparable analysis on accounts created in 2018.

There is still some recency bias (the sample includes members that joined too recently to have gone inactive) but it's still highly informative about the impact SBI has in retention. That's one of our key objectives, so I'm happy to see that it's working! Special thanks to @paulag for these charts; she has been assigned a few of our management shares for her contribution. You should also read about the initiative she is taking taking to further improve member engagement on Steem:
https://steemit.com/steemit/@paulag/let-s-grow-steemit-together-direct-engagement-experiment-week-1


Enrollment

If you want to get involved, or to increase the share of basic income that you receive, enrollment is pretty straightforward:

Just send 1 STEEM to @steembasicincome. Include the name of a Steemian to sponsor in the transaction memo (preceded by @). You and the person you sponsor will each receive 1 share in the program. You can sponsor any active Steemian, it does not have to be a current member.

If you're unclear, please check out our full transaction memo guidelines and then let us know if you have any questions.
https://steemit.com/basicincome/@steembasicincome/steem-basic-income-new-transaction-memo-guidelines

The official currency for enrollment is STEEM. We are not currently accepting SBD for enrollments.

EarthNation

Steem Basic Income is designed by @josephsavage, and developed in collaboration with @earthnation. We are grateful for their early support, both in brainstorming ideas for improvement and in providing funding for our massively complex automation requirements. Learn more about Earth Nation on their web page at https://earthnation.world/

Questions?

Please read our recently published FAQ. Most questions are addressed in our FAQ or in the additional resources that it suggests. To review your share counts, we explain our tracking sheet here. If you still have questions, ask in the comments section or join us in our discord channel.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
STEEMKR.COM IS SPONSORED BY
ADVERTISEMENT
Sort Order:  trending

1 share is still missing...at least on your google doc / Recon Auto Tab. I had already sent you a ‚wallet message‘ about that. Maybe you can have a look 😔 @peekbit

·
  ·  3년 전

I checked your account and all shares are accounted for. I think that when you checked there was a pending transaction that I had not processed yet. Can you please check again now and let me know if it still looks like I missed one?

·
·

and one more right now (325). Just have done another sponsorship.

·
·
·
  ·  3년 전

I do have 325 now. Please keep in mind that it may take 2-3 to see each transaction appear in the enrollment history. When I checked before and you were saying 324 and it showed 323 the last transaction was still pending.

·
·
·
·

thank you 😊 So the Recon Auto tab should show it in a few days...

·
·
·
·
·
  ·  3년 전

Recon Auto tab is the data pull from our new system. It works! Sort of... it's actually missing a lot of shares still, and we have some fixes that need deployed before I finalize the reconciliation. The posting and upvoting records are accurate though.

·
·
·
·
·
·

it takes time... 😊👍🏼

·
·

no - not yet... still 323... so 1 is missing...
1+5+94+100+120 I received is 320
and 4 times 1 I dedicated is 4. So the sum should be 324.

·
·
·
  ·  3년 전

I will double-check again.

This post makes alotta sense and all newbies should read it. 👍👍

·
  ·  3년 전

Thanks for reminding me I really wanted to go back and resteem @paulag's original post that I referenced.

how do i improve my per post number? from the google doc page. Thanks =]

·
  ·  3년 전

Weekly weight is divided by your posting frequency. So you could increase your weekly weight or decrease your posting frequency.

I see that you have auto-vote on, which is helping you. You could try entering some of the contests hosted by our members to pick up more shares.

·
·

great thanks and what about boost i curate all your posts how do i get 100% via contests?

·
·
·
  ·  3년 전

You should come into our discord where you can discuss strategies with other members.
https://discord.gg/WWUNapu

·
·
·
·

@steembasicincome i love this project so much.now i moved to sbi2 and i am getting $0.03 upvote value.thank you

Hello guys!
Thanks for your contribution to Steemit!
Can you confirm my two last transactions please?
Shares for @kilianparadise and @steemitcanarias
Thank you!!

·
  ·  3년 전

We currently only send confirmation transactions for initial enrollment. Those two transactions will be processed in tonight's batch.

·
·

Thanks!

I see the power voting @steembasicincome as well as other smaller pools, is there any effect with more posting of project members?

·
  ·  3년 전

I think your translator misquoted the question, because I don't understand what you're asking.

·
·

maybe I mean why the strength of vote @steembasicincome could be weaker? is it because of the many members?

·
·
·
  ·  3년 전

We manage SP in each pool to targets so that the voting strength per share is consistent across pools.

PLEASE CHECK THE UPDATED USER GUIDE
Released on: May 14th

As a friendly reminder, the current upvote fee is $0.12 SBD ($0.121 for incognito). Current 300%+ upvote is now $0.36+ SBD.

Join our 10 SP Challenge!!!

Simply click this link to delegate 10 SP Now!

Or delegate any of these other amounts and make a "striking" return on your investment!
50 SP --- 100 SP --- 200 SP --- 500 SP --- 1000 SP

That being said...

BOOOOOOOOOM!!!

The ground shakes as incredible power lights the sky. The thunder tests the quality of your post and deems it worthy, rewarding it with a 300% upvote, comment and resteem from @thundercurator.

Increase your chances of a 100% upvote and support the project by:

Investors who delegate SP to @thundercurator are entitled to 75% of @thundercurator income after curation. Get on-board early and grow with us!

Currently i have 3 SBI, all won in payitforward contest , but is to hard for newbie here in steemit, in a someway, very unfair.

·
  ·  3년 전

Sounds like you are doing well. We agree it is very challenging to be a plankton on Steem; that's one of the reasons we started this program.

It's a great initiative which I support. Recently I have sponsored some people, but yesterday I goofed and sent SBD instead of Steem. Twice yesterday I did this... What will happen with that, will it be refunded so I can send again in the form of Steem? Thanks very much!

·
  ·  3년 전

We will refund the SBD when we process that batch.

considering the treatment i got in the first weeks when i was onhere combined with the fact that the basic UI is really confusing since it rounds numbers and show numbers even if it won't pay i'm not at all surprised, but i find a lot of these stale accounts seem to be voting still in some way, maybe sold off as bots or something

·
  ·  3년 전

They might have joined curation trails or setup fan-base before leaving. We have a few members that haven't posted in more than two months that still upvote every update.

I like your post and i want to join this by giving 1 steem as i recive.

·
  ·  3년 전

Just send 1 STEEM to @steembasicincome. Include the name of a Steemian to sponsor in the transaction memo (preceded by @). You and the person you sponsor will each receive 1 share in the program.

If you want to join and don't have any STEEM, consider entering the contests that our members host and publish on #steembasicincome.

can a member get additional votes without increasing their share?

·
  ·  3년 전

You would still only get 1 upvote on each post, but you can increase the value of it by upvoting our regular updates.

·
·

Is there a minimum voting weight required for it to matter? Or do the small votes of those with less SP add up over time. Also, is the minimum shares to get above dust from sbi 2 or 3?

·
·
·
  ·  3년 전

We try to keep weekly value per share relatively consistent across pools. Pool 6 is lagging at the moment, but we're working on it. Minimum shares to get above dust is independent of your pool, but rather connected to your posting frequency. 1 share is enough to break the dust threshold for 1 post per week, 2 shares for 2, etc. Whatever your weekly posting average, that's how many shares are needed to consistently get above dust.

Small votes from those with less SP add up over time.

·
·
·
·

Thanks for the responses, that helps a lot for determining how worthwhile it would be to just give people single shares across many or multiple per person. Do users' votes on sbi posts apply retroactively if someone is not currently a member?

·
·
·
·
·
  ·  3년 전

We look back 28 days on upvotes on our posts. So once somebody becomes a member, their upvotes in the 28 days previous will boost them right away.

@steembasicincome is a great way to earn on each post that you publish. I myself am very thankful for SBI and would not want to go a day without it. This project is an ever-evolving, unstoppable force that is helping Steemians succeed across the globe. Long live Steem Basic Income!

-Ken

·
  ·  3년 전

Thanks for you support!

you are most welcome for the charts, I see you send me a message after looking for further refinements. Sorry I was not on discord. Also thank you for the additional shares, I was not expecting that :-)

·
  ·  3년 전

Thanks again for your help!

If I am correct I have issued 4 shares, but in the sheet I see only one? Am I doing something wrong looking?

·
  ·  3년 전


The number marked in blue here is your share count. The 1 is your upvote weight per post. Since we have to adjust rules manually still, the first column shows the amount you should have (calculated amount 0.99 is rounded to 1) and the second column shows the actual value set in our voting system. The 0 means that your weight is currently correct in our voting system.
As you can see looking over the sheet, there are lots of rules that need adjusted at any given time (all the green squares in the column where yours has a 0, so we update in cycles, depending on time availability.

·
·

Thank you very much for the explaination !!

·

Try to find your name in: Recon-Auto
Use search on options or use Ctrl+F (on Chrome)
For me it works.
Regards

·
·

Thanks :) It worked !!

This post has received a 3.13 % upvote from @drotto thanks to: @peppermint24.

·

<3