Basicincome.co is a Bitnation DApp application that runs on top of the RESILIENCE protocol. It will use a symmetric swarm redistribution model to re-purpose financial transactions networks, in a web of links.
Each RES transaction will form a dividend pathway for redistribution of taxes created in the swarm network.
More RES transactions will create more pathways and raise more taxes.
It is designed to empower co-operatives with a social conscience, and provide a tool for community support. A framework for secondary applications allows donation of dividends to different causes. Users may choose to share their dividends with those in financial proximity to their dividend pathways.
- Ethereum, but "agnostic - can be ported to any platform"
- Ethereum wallet
- Any platform with API can be connected to RESILIENCE
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- Bitnation - DAO offering "Governance 2.0" services (law, insurance, social, education...)
-Swarm Redistribution model
- Decentralized taxRate governance (every node sets their own taxRate)
Johan Nygren
- BitNation is the governance service, Resillience is Johan Nygren's UBI attempt on it
- Swarm Redistribution built into Resilience
- Inspired by Ripple
- New standard for co-operative dividend networks
- Self-perpetuating network of tree-branching wealth transfer schemes