Kuwa (ZeroPoverty)

Unknown
WP and first open source by September end

Cryptocurrency "faucet" for distribution of UBI that will deliver UBI through a Kuwa identity system, which is a decentralized, pseudo-anonymous and Sybil-resistant individual identification system

Blockchain

Ethereum

Social identity

- Kuwa Identity as self-sovereign identification platform for poor countries
- Kuwa Registrar for users validation
- Kuwa Token (KT) given to valid unique human users eligible for BID
- Kuwa Faucet checks validity of KT and sends BID off-chain
- New users need to find sponsors to pay the gas for the validation
- User needs to record a video of themselves saying a numerical challenge, which then gets uploaded to a public repo and then voted by validator nodes which bet on the outcome (zero-sum game)

Social mining

- Periodic payment of BID (ERC20 token) to validated people

Token economics

No details provided regarding how it will be used, at this stage.

Governance

- Kuwa Foundation Inc - Massachusetts nonprofit corporation
- Kuwa Board

Key people

Philip Silva
Jim Flynn

Locations
Massachusetts, US
OpenUBI aware
Yes
Notes

- Similar to Bitcoin
- TCUP - pronounced "teacup"
- Kuwa = "to be" in Swahili
- MIT license