Cyber-GUBI by Stateless Minds is a peer-to-peer basic income currency that runs entirely on the public IPFS network rather than a blockchain. Users authenticate with on-device facial recognition (stored as an irreversible locality-sensitive hash) and are automatically credited a monthly basic income, which can only be spent with merchants - it cannot be transferred, traded, listed on exchanges or inherited.
None - explicitly not blockchain-based. Runs on IPFS/libp2p (Kubo fork) with a Go/go-app front end.
Non-exchangeable and non-tradable by design. Bootstrapped by 1:1 mapping to the user's local currency, then repriced by merchants; a real-time inflation indexer adjusts the income amount.
Open-source (MIT) project by Stateless Minds; governments may hold read-only accounts to view transactions and collect tax but have no control.
Stateless Minds (GitHub org).
Prototype / work in progress. Repository created February 2025, last updated January 2026. Roadmap items completed include presentation-attack detection for the face login, a merchant waiting list and a government tax-viewing role. Merchant onboarding is still pre-launch ("when there are enough merchants it goes live").
- Supply is naturally capped at the number of living recipients; balances are destroyed when an account closes or the holder dies
- Deliberately anti-speculation: no exchange listing, no inheritance, no transfers
- Installation requires running a local IPFS node on Linux, so practical adoption is currently near zero