Post
Topic
Board Service Discussion (Altcoins)
Re: Overview of Universal Basic Income Projects
by
eternalgloom
on 12/04/2018, 16:41:34 UTC
With all due respect, I would like a start to this thread with a brief definition and description of UBI projects in laymen terms for people to understand coupled with dynamics of such projects and how people can benefit from it. This is an awesome compilation for those who understand but for people still new (which most of us are as crypto itself is new), this shall act as starter.

Also, the theme is based on redistribution of wealth. However, generally new tokens are created every year which are further redistributed to new members. But this increased supply shall fuel inflation and wont do much good in terms of wealth redistribution.

You may like to add Grant Coin (http://www.grantcoin.org/) and Circles (https://joincircles.net/).

PS: please review both of them independently.



Great feedback, I will update the thread with a better explanation. Both the coins you've mentioned were already on the list, grantcoin = manna

Watching this thread with interest.

Also, would NEO count? Due to the gas generation property all holders are provided a small income.

Edit: https://www.enumivo.org/ (https://bitcointalk.org/index.php?topic=2903323.0)

Enumivo seems to meet your criteria directly, very little information available on it, particularly information about how the income is generated.

Neo doesn't seem to have basic income as it's goal, so that one I'll not include.

Enumivo was already on the list Wink

I'm kinda amazed, I can honestly say I never even considered this as an application for blockchain technology. If these projects can show the benefit to their platform, there's a chance more progressive governments might adopt this. Either way in the end someone does have the burden of funding the basic income; but using a blockchain style ledger would greatly reduce the behind the scenes costs and potential errors involved in current social assistance programs.

I'm going to have to do some more reading on each but it's nice to see several developments out there focusing on distribution of wealth and not just decentralization. Thanks for putting this out there I definitely see the benefit to these platforms especially when dealing with less privileged members of society.

EDIT: I just did a quick search and turned up this project as well.

http://www.grantcoin.org/

Grantcoin is the same as manna, check out their recent posts on that website Wink I'm personally really passionate about projects like these, because it's something that society will need sooner rather than later.
This could be a great implementation of Basic income at relatively low cost.

Thanks for the comment!