Enumivo

Unknown
- Expected release of UBI dApp in March 2019

- ENU token listed on ForkDelta and CoinLib

Extension of Enumivo, which was originally built to create a UBI on the blockchain via a UBI dApp. UBI tokens will be distributed to participants in ENU based on a ranking algo. UBI's value will have little correlation to ENU tokens, but will be market driven and could be converted to fiat.

https://www.enumivo.org/
Blockchain

UBI dApp - own blockchain (cloned EOS)

ENU token (tradeable) listed on EOS

Social identity

- Ranking Algorithm to fairly rank people by voting and select first 1,000 UBI recipients

Social mining

- 20 tokens distributed for 2,500 weeks during a person's lifetime
- Value initially dependent on reserve of ENU coins, locked in UBI fund

Token economics

- Weekly UBI distribution

- Backed by Enumivo digital financial reserve of 10M ENU

- UBI tokens are derived as stakes in the dApp backed by the Enumivo project. So, they receive shares in the Enumivo and are indirectly earning in ENU

- Instant trading

- Cash out after vesting period of 2 weeks

- Dependent on ENU price

Governance

Built in rewards and punishment system for good and bad block producers

Key people

Aiden Pearce (pseudonym)

Locations
China
OpenUBI aware
No
Links
https://static1.squarespace.com/static/5a8049ac8dd041e820ad35fe/t/5ae6d94a0e2e7…
https://bitcointalk.org/index.php?topic=2903323.0
Medium
Notes

- Ranking system to motivate community's activity
- 10M ENU coins given for free to attract many people for dApp and make sure UBI has value
- Planned to scale to 2B people