Project gives away 14M tokens in digital universal basic income experiment

Project gives away 14M tokens in digital universal basic income experiment

A nonprofit initiative that leverages decentralized finance as a means to offer a digital income for its users has announced that people have now claimed more than 14 million of its tokens.

According to a Wednesday announcement, the universal basic income, or UBI, project from GoodDollar has reached more than 40,000 people from 180 countries since it launched in September. The project reported that more than half of the participants were claiming its reserve-based token, G$, every day. 14 million tokens have been claimed so far.

The project mints its G$ tokens through interest generated by third-party permissionless protocols from a […]

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