UBI-Vault New

Inactive
Technical description dated June 2019; GitHub last pushed Jan 2023; site still online

UBI-Vault is an open-source "decentralized basic income distribution system". An Ethereum smart contract collects ether from sponsors (individuals, organisations, governments, AI DAOs) and each week splits 95% of it equally among all registered citizens, keeping 5% for maintenance. Citizens register through an Android app.

https://www.ubi-vault.com
Blockchain

Ethereum

Social identity

Phone-number verification (Firebase Phone Auth) plus name and address; weak sybil resistance

Social mining

Weekly equal distribution of the pooled ether to all registered citizens

Token economics

Paid in ETH from voluntary contributions; no own token

Governance

Open-source project (maintainer-run)

Key people

Roland Sassen

Locations
Worldwide
Links
GitHub: RolandSassen/UBI-Vault
Technical description (2019)