Manna $MANNA

Manna, also known by its ticker MANNA, is a unique cryptocurrency that was initially unveiled on May 1, 2015 under the alias Grantcoin (GRT). What sets Manna apart from the diverse universe of cryptocurrencies is its role as the first digital asset primarily distributed by a charitable nonprofit organization. It utilizes this unique distribution model to provide a Universal Basic Income to individuals across the globe.

Technology Behind Manna

Manna's underlying technology is derived from Peercoin, a variant of the pioneering cryptocurrency, Bitcoin. Similar to Bitcoin, the Manna network currently relies on the SHA-256 Proof-of-Work mining protocol. However, it is important to note that Manna does not employ Peercoin's Proof-of-Stake system for distributing block rewards.

Manna as a Means of Universal Basic Income

The standout feature of Manna is its role in providing Universal Basic Income. This model has been implemented with the goal of ensuring a basic level of income for every individual. Manna is dispensed by a charitable nonprofit organization committed to fostering financial inclusivity by distributing this unique cryptocurrency.

The Evolution From Grantcoin to Manna

Originally launched as Grantcoin, the rebranding to Manna signaled an evolution in the project's vision and goals. The name Manna embodies the project's commitment to providing a source of financial sustenance to all, similar to how its namesake provided nourishment in biblical times. The change in name also reflects the project's growth and development in the ever-evolving landscape of cryptocurrency.