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RE: Let's Talk About Universal Basic Income (LIST of UBI coins!!)

Hi @daan, the UBI related project I am busy initiating centers around a trading platform, where members of this platform will each receive an equal number of tokens every week that can be used as value accounting tokens (money) on this platform only. The total number of tokens accumulated in each account will also be limited.

The token being insulated and limited in this manner allows for it to be assigned a specific value by consensus within the community. The value chosen is that of one unit of electricity, for different reasons, the most relevant of which being that this is a real value that participants can easily become familiar with, as many members of the community at large already are.

The idea is to provide every single individual in a community with the necessary purchasing power to survive in good health; in this way the non-productive sector, i.e., the young, the old, as well as the sick, lame, and lazy will serve as part of the market given to individuals in the productive sector sponsored this way, who will find opportunity to creatively prosper by adding value to resource materials and by delivering services.

It is still baby shoes, but by its simplicity and inherent stability holds a lot of potential. I am canvassing at this stage for devs inspired to participate to come rushing to the table in their droves to help finally shape and get the project off the ground!

I've been a little quiet on this front lately, by, amongst a number of other personal crises, the Reaper having taken four members of my inner circle over the past six months and the implied consequences.

Anyhow, should you be interested, a bit more about Project Magic Dragon, (its initial name, that can of course be changed, as things progress, should co-devs happen to object) can be seen following the link above.

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