eToro Invests $1 million in Blockchain Experiment to Reduce Wealth Inequality

eToro Invests $1 million in Blockchain Experiment to Reduce Wealth Inequality

eToro has invested $1 million out of its pocket to launch a blockchain experiment that would research how to reduce wealth inequality.

The multi-asset brokerage company announced on Friday that “ GoodDollar Experiment ” will test a cryptocurrency that pays social interest to the economically underprivileged. These tokens will be distributed among verified participants for free with a sole aim to create a global, open, universal basic income (UBI). However, eToro didn’t mention the process that will go behind the verification and distribution of the planned token airdrop. GoodDollar Vision

GoodDollar in general aims at creating a direct corridor […]

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