Cours de Universal Basic Income

UBI is an application to be built on top of the Proof of Humanity registry, an anti-Sybil attack tool designed by Kleros.

The UBI token will be streamed directly to an Ethereum address as long as it gets verified as a human in the Proof of Humanity registry and starts the accrual process, establishing a fair and ongoing distribution model. It will provide universal access to liquidity that serves to inhibit financial coercion of public decisions and will be tradeable in all open markets.

The ability to develop a reliable self-sovereign identity validation process brought on by Proof of Humanity has established the bedrock for the infrastructure required to make a Universal Basic Income (UBI) mechanism that can reach everyone on Earth.

Therefore, in order to consolidate the governance and financial logic able to establish borderless democratic autonomous organizations, Kleros and Democracy Earth have designed the UBI token distribution mechanism to be based on time and humanity.