Decentralized Universal Basic Income is a revolutionary crypto project that combines the principles of blockchain technology and the goal of achieving universal basic income. It is grounded on the concept of an ERC-20 token known as "Purpose", designed with an altruistic intent, managed by a spirited community of activists and an independent team of volunteer developers. The project's standout characteristic lies in its ability to generate a secondary token called DUBI (Decentralized Universal Basic Income).
Purpose - The Foundation
The Purpose token is the heart of the Decentralized Universal Basic Income project. By holding Purpose, participants contribute to the project's altruistic objectives. This ERC-20 standard token is backed by a large community, including activists and developers, who are collectively working to improve DUBI's value. The community-driven approach not only ensures active participation but also fosters an inclusive environment for the project's development.
DUBI - The Change Agent
DUBI, or Decentralized Universal Basic Income, is a secondary token that is generated through the Purpose token. It is an integral part of the project, representing the actualization of the idea of a universal basic income. DUBI is poised to be gradually distributed among the world's population, a process facilitated by an on-chain allowance contract. This novel approach transforms DUBI into a global tool for economic empowerment and equality.
Distribution and Compliance
The distribution process for DUBI is facilitated on-chain with an allowance contract. Each individual receives DUBI at a rate set to equal that of the DUBI output of 1 to 100 Purpose. The project also incorporates optional automated taxation for government compliance. This innovative strategy ensures that the distribution is fair, transparent, and complies with regulatory requirements. By doing so, the Decentralized Universal Basic Income project paves the way for a sustainable and compliant implementation of universal basic income.
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