South Korea: Lottery for “Another Life” – Tio Su-ki Basic Income Pilot for and by young people

South Korea: Lottery for “Another Life” – Tio Su-ki Basic Income Pilot for and by young people

Daejeon, South Korea. Started in October 2016 a group of young people from Daejeon in South Korea initiated the ‘Tio Su-Ki project’, which was presented by the Basic Income Korea Network (BIKN) at this year’s Universal Basic Income (UBI) summit in Lisbon . The pilot was realized through donations by over 200 participants, out of which 3 winners were selected in a lottery-style competition. The winners received 500,000 won (around 370 €) per month for six months – and all three reported better quality of life and stronger focus on their life goals and interests. One of the winners […]

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