mannabase (GrantCoin)

In development
- 200K Accounts (100 countries)
- Launched Feb '18, developing "advanced features"
- Tradeable On "SouthXchange" (Argentina)
- Checking out Philip Silva's Kuwa
- Market Cap August '18: 540K$

Manna is the world's first universally accessible, people-powered & empowering alternative currency.

Blockchain

- Currently own blockchain (PeerCoin fork)

- "In 2018, we intend to transition to a more advanced, feature-rich codebase, perhaps by incorporating some of the functionalities
of Ethereum into our own blockchain"

Social identity

1) Email + Real mobile phone (sms verification) + Address
2) secondary algorithmic methods for:
a) Pair phones and addresses
b) Checking for authenticity of mobile numbers (using Twilio etc.)

Social mining

- Fully automated weekly distribution of Mana
- Mannabase as clearing
house of information for “conscious consumers”
- People’s Currency Foundation for charities
- Children’s savings account program for “basic capital”

Token economics

- Manna UBI distributed weekly to Mannabase wallets
- Annual rate of increase of the Manna money supply through UBI at 3.5% of current supply of
Manna in circulation (proxy for USD historical average annual inflation)
- Primarily determined by the free market
- The value is additionally backed by donations to the People’s Currency
Foundation

Governance

Distributed by a nonprofit organization as UBI

Key people

Eric Stetson
Jon Frenchin
Brandon Venetta
Doug Shubert

Locations
US
OpenUBI aware
Yes
Notes

- Leader & first-mover advantage

- Possibilities for development of point-of-sale solutions for spending Manna at retailers & other partnerships

- Ambition to be adopted by global NGOs and developing governments as "people's reserve currency"

- Talking to orphanages (Children savings program concept)