South African start-up Project Ubu, which is working to combine the idea of a universal basic income (separate from government-led initiatives) with a blockchain-housed cryptocurrency, has announced the launch of an initial token sale of its UBX token to fund its planned roll-out.
Founded by Bridge Capital director Dudley Baylis, Project Ubu has attracted a number of heavy hitters to its management team, including former Vox Telecom CEO Douglas Reed, former Altech chief technology officer Steven Sidley and former advertising industry executive Justin McCarthy.
The Project Ubu taken sale has three distinct phases, the company said on Wednesday. An initial token […]
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