Free money always makes the crypto world go mad, even if people don’t know what the new cryptocurrency will be worth or what it’s good for.
The case is being proven out again with Circles , a blockchain-based universal basic income (UBI) project that launched Oct. 16 on Ethereum’s xDai sidechain .
Founded by Martin Köppelmann of Gnosis and run by a very small, Berlin-based team, Circles promises to give users 240 of its CRC cryptocurrency each month, but it puts up one hurdle to get started: The user needs to find three people who are already inside and convince them […]
Full Post at finance.yahoo.com