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> Something like an actual currency w/ basic income dividends, and identity/fraud management Proof of Humanity is trying to do that with $UBI tokens and their
by cableshaft 5y ago
> Something like an actual currency w/ basic income dividends, and identity/fraud management
Proof of Humanity is trying to do that with $UBI tokens and their method of proving who you are (basically a video of you with your wallet address saying a specific script, and putting up a collateral that could be lost if a court can provide evidence that you've signed up for it before). After you're signed up, you get one $UBI token every hour. $UBI tokens are currently worth $0.12 apiece, so it's roughly $1200 USD per year (at least for the moment, it's inherently very inflationary and seems to kind of rely on people like Vitalik Buterin, creator of Ethereum, to buy a bunch of tokens and burn them).
It does have a complex onramp, though, and will be difficult to get non-tech-savvy people onto it without some help, most likely.
We'll see if it continues to work. It's only been around since March 2021. It's an interesting idea, though.
https://blog.kleros.io/introducing-ubi-universal-basic-income-for-humans/ https://blog.kleros.io/introducing-ubi-universal-basic-incom...
https://www.proofofhumanity.id/ https://www.proofofhumanity.id/