Universal Basic Income Price

Universal Basic Income (UBI) is a cryptocurrency. It was launched as the inaugural application riding on the Proof of Humanity registry, a Kleros-designed anti-Sybil tool that cryptographically asserts personhood. The asset forms the backbone of an on-chain universal basic income system.

The token’s primary utility lies in delivering a recurrent, unconditional income to any Ethereum address that passes a Proof of Humanity verification. By decoupling financial sustenance from employment or state mediation, the protocol directly attacks the friction of coerced decision-making born from economic precarity. Its liquidity is freely accessible across all open markets, ensuring no gatekeeper can restrict exit or participation.

Universal Basic Income operates on the Ethereum network. The token never forked a separate chain; instead, it harnesses Ethereum’s settlement guarantees and vast tooling ecosystem. This dependency eliminates the need for proprietary validator sets or alternative consensus overhead.

The token deploys a standard ERC-20 contract on Ethereum, granting it instant compatibility with the network’s vast DeFi rails. Liquidity providers can stake UBI into Uniswap v2 curves—against ETH and DAI—to harvest a portion of the token’s annual mint.

The project traces its genesis to Democracy Earth, which collaborated with the Kleros team to bootstrap the Proof of Humanity identity registry. From the outset, the initiative paired the token issuance with a liquidity incentive structure designed to deepen on-chain markets. This dual-pronged launch approach—identity validation plus liquidity rewards—attracted early participants who sought a permissionless income stream.

The overarching mission is to weave a self-sovereign identity layer into a global welfare primitive. By making the UBI stream conditional only on proof of humanness, the protocol envisions an economic floor that cannot be manipulated by state or corporate interests. Such a mechanism aims to sever the link between subsistence and subservience, restructuring how societies distribute purchasing power.

Within the ecosystem, UBI operates as the native distribution asset. Verified humans initiate a continuous token stream by activating the accrual process directly from the Proof of Humanity dApp. Tokens received can be swapped for other assets, held as a speculative position, or redeposited into Uniswap liquidity pools where they begin generating protocol-minted rewards.

Participants who prove personhood unlock a recurring UBI payment without further intervention. Liquidity farmers commit UBI alongside ETH or DAI to designated Uniswap pools, earning pro-rata allocations from the annual reward mint. Market participants may buy or sell the token on any of the ten active trading venues where UBI is listed.

Universal Basic Income has a total supply of 10,261,044 tokens. Currently, 0 are in circulation. A scheduled annual minting process releases tokens exclusively to liquidity providers who supply UBI to designated pools. With a market capitalization of $0, Universal Basic Income ranks #6,029 among all cryptocurrencies.