ENUMIVO AN "EOS CLONE" WITH UBI DAPPS IN MIND
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Enumivo is a cryptocurrency project envisions to provide a Universal Basic Income (UBI) for all, on the premise that
all citizens of the earth have a right to an equal share of the planet’s natural resources,
Enumivo (ENU)
An alternate EOS-compatible blockchai
The Project:
Phase 1: Refactor and rebrand (clone) EOS compatible blockchain
Phase 2: Develop Universal Basic Income (UBI) to run on top of the blockchain.
The project kicked off late February where tokens were self claimed, started off as an erc20 Token and already gaining large audience with the swap to enumivo main net taking place already until next year where all erc20 will become useless.
Enumivo is/will be a clone of the Eos Blockchain and chasing a very ambitious goal in its pursuit of Social freedom for all with its UBI Dapp (UNIVERSAL BASIC INCOME) a right as basic as the right to breathe air.
As such, Enumivo aims to develop a UBI dApp (Decentralised Application) that will provide every human being with a regular income in the form of UBI tokens.
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Universal Basic Income (UBI) is the idea that everyone is entitled to receive a fixed and regular income.This is unconditional, meaning there are no prerequisites, other than being alive and human, for one to receive that income.
The creator of Enumivo like Dan Larimer who created Bitshares Dex already envisioned a lot about this project and created a dex also to trade enumivo tokens in case if exchange problems arises in the future, So behold Liteshares.io was born.
Everyone has the right to a standard of living adequate for the health and well-being of himself and of his family, including food, clothing, housing and medical care and necessary social services, and the right to security in the event of unemployment, sickness, disability, widowhood, old age or other lack of livelihood in circumstances beyond his control.
The dApp will also utilise a purpose-
built oracle verification system running on the Enumivo blockchain, which will be a clone of the EOS
blockchain developed by Block.One
(Released June 2018).
The team believes that EOS addresses and solves many issues regarding scalability, speed, and cost,
which appear to plague the current market leaders in both the blockchain and dApp industries.
Cloning EOS means that all its features, as outlined in its white paper, will be fully ported over to Enumivo.
To summarise, EOS offers 3 distinct advantages over other blockchain architectures:
- Scalability
- Speed
- Elimination of Gas Fees
The team decided on such a strategy in order to maintain control of the blockchain as well
as provide an affordable alternative to the technology offered by Block.One.
Developers who cannot afford the financial cost of developing a dApp on EOS can do so at Enumivo
at a more affordable price.
Through the synergy of Enumivo and its UBI dApp, we seek to to disrupt the financial imbalance
currently present throughout the world, and by actively promoting and educating people on the
benefits of enrolling in our system, we will be able to provide social justice for all.
As the EOS blockchain evolves, the Enumivo project will evolve along with it by incorporating any
advancements and improvements made by the Block.One team, as well as working towards
independently developing aspects of the platform which are determined to be beneficial by the
Enumivo core team of developers.
The token itself is an alternative to the impending EOS blockchain which is labelled as an 'Ethereum killer' by many, but has already seen its value rise to over 0.01 USD in just 5 months.
I do say the creator of this project has one time see the future if i may say or maybe he's just too good with what he has envisioned or what he knows will happen.
The founder once said sometimes in February
" That it was created as a means of allowing people to enter the EOS platform at a low cost."
With the sudden spike of Eos Ram, I think Enumivo is here to stay
Summary
The Enumivo project is geared towards bringing a scaleable, fast, and affordable blockchain to the forefront of the cryptocurrency market, and to pair it with the integration of a universal basic
income dApp.
The Enumivo blockchain, as a clone of the EOS project by Block.One, was created as a means of
providing developers with an affordable alternative to the EOS platform, while providing all the
same functionality and security offered by Block.One.
During its initial distribution the ENU token was distributed as an ERC20 token, via the use of a self-
claim smart contract, on the Ethereum network. When the Enumivo main net goes live in August
2018 all ERC20 ENU tokens will be swapped for ENU coins which are compatible with the Enumivo
blockchain.
As a means of tackling the global poverty crisis, caused by the unfair distribution of wealth earned
from Earth’s natural resources, the Enumivo team will be developing a dApp, to be deployed on the
Enumivo blockchain, which issues participants with regular payments which can be exchanged to
real world finances.
The UBI dApp created by Enumivo will utilise the unique application validation oracle which is also
developed by the Enumivo team specifically for the purpose of validating applications to the UBI
payment scheme
Nice read. I leave an upvote for this article thumbsup
Thanks for taking your time on it.
Good luck brother.
Very Nice post
You have a minor misspelling in the following sentence:
It should be until instead of untill.upvoted from the whaleshares show
NIce, loved hearing about this project on the Whaleshares Discord <3
thanks for checking this out