what's ubi.eth (Universal Basic Income)?

ubi.eth is an ERC-20 token on Ethereum designed to deliver Universal Basic Income (UBI) by continuously streaming tokens to addresses verified as unique humans via the Proof of Humanity registry. This sybil-resistant system requires no legal documents or identifiable information, ensuring fair, borderless distribution that accrues in real-time without gas fees. It promotes economic security, fights poverty, and integrates with Web3 ecosystems for broad compatibility across Ethereum Layer 2 networks. The project employs democratic governance through a DAO using Quadratic Voting to prevent whale dominance, with proposals via Snapshot and execution on Kleros Governor at zero gas cost. Open-source development by Democracy Earth and indie developers includes features like UBI Burner leaderboards, Yearn Finance burning vaults for yield generation, and dApp integrations such as decentralized betting markets that buy and burn UBI. Censorship-resistant and extensible, it pioneered automated UBI streaming on blockchain.

Distributed ~$200 UBI monthly for 18 months; 10M UBI tokens initially emitted.

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