Big Foundation

Active

Active ICO
12 Oct 2017 - 1 Nov 2018

The project will provide all participants of the system with a UBI, through BIG coins. The system will issue one BIG token per wallet, daily. New wallets will increase the supply of BIG tokens in the system, distributed equally among the participants.

All users will be able to do commerce using BIG tokens, incurring a 10% commission fee (consumption tax) per transaction, used to help maintain the work of miners.

http://big.foundation/

Blockchain

Ethereum

Social identity

-Blockchain based daily UBI through BIG coins
-Coin with commerce utility within system

Social mining

- Daily UBI via BIG coins with commercial utility within ecosystem
- One coin per wallet
- More wallets increase coins supply

Token economics

- First stage BIG token as ERC-20 token, issued through a BIGemission smart contract
- 0.01 ETH for registration
- Second stage BIG token on BIG blockchain, independent on Ethereum
- Issue algorithm will be the same as in the first stage - 1 token per wallet

Governance

- Equal distribution of coins and transaction fees among participants

Key people

Sergey Ryabov
Dmitriy Bereznitskiy
Vitaliy Mengeshev

Locations

Saint Petersburg, Russia

OpenUBI aware

No

Links

https://github.com/bigfoundation/Documentation/blob/master/BIGwhitepaperEN.md

http://big.foundation/#roadmap

Notes

- BIG is an open general-purpose protocol
- Have a BIG wallet