REPORT: MANNA Cryptocurrency Provides A Basic Income To All

transhuman (60)in #ubi • 6 years ago

The People’s Currency Foundation is a United States based 501(c)(3) nonprofit organization, classified as a public charity by the U.S. Internal Revenue Service. They are actively seeking participants to receive a weekly income of MANNA tokens as part of their program to provide a Universal Basic Income for everyone.

UBI is not a new idea. It’s already happening in Finland and the Canadian province of Ontario, while other states and cities across the world are considering the idea. The city of Stockton is committing to an experiment with a Universal Basic Income in 2018. The city will supplement low-income Stockton families’ budgets to the tune of $500/month and then monitor the results.[1]

Fortune magazine states, "A universal basic income, or UBI, is a once-fringe policy proposal that has gained increasing public support in the U.S., including from many tech business leaders including Elon Musk and Mark Zuckerberg. In part, the idea is appealing because it would help insulate workers against labor market shocks likely to be produced by innovations like self-driving cars and artificial intelligence."[2]

Manna was formerly called Grantcoin and has establishsed a successful financial track record over time...