It's interesting that outside of Steem, SteemBasicIncome almost never gets mentioned as a basic income initiative, even though some of these others that are much more experimental are commonly mentioned.

So true, and I was really impressed by that UBI list I provided at the end of the post where they mentioned SBI has a UBI system that runs on STEEM, finally, STEEM getting the acknowledgment it deserves!

Most of the UBI token projects that I saw had 0 value, 0 demand mechanism in place and 0 scarcity mechanisms in place. People don't often understand that the price and value of a token are based on the token's use-cases. Steem and SBI have the whole STEEM ecosystem full of use-cases and dapps around it that provides sbi and steem value, same goes for EOS, but if you go to the SwiftDemand project the only thing I saw was a really small store that sold useless items.

25% of the enrolled units are for accounts that have only been sponsored by others.

I'm one of those accounts, all my sbi shares have been given by other users, mainly because my account is still small which means I don't have the spare STEEM to sponsor someone, in the future I'm hoping to increase my number of shares though, the project is really cool, congrats for the idea!

Thanks for reading and dropping by, I don't normally tag people I always feel like I'm bothering them, I hope I didn't bother you xD