What is Universal Basic Income
UBI is the first application to be built on top of the Proof of Humanity registry, an anti-Sybil attack tool designed by Kleros.
The UBI token will be streamed directly to an Ethereum address as long as it gets verified as a human in the Proof of Humanity registry and starts the accrual process, establishing a fair and ongoing distribution model. It will provide universal access to liquidity that serves to inhibit financial coercion of public decisions and will be tradeable in all open markets.
The ability to develop a reliable self-sovereign identity validation process brought on by Proof of Humanity has established the bedrock for the infrastructure required to make a Universal Basic Income (UBI) mechanism that can reach everyone on Earth.
Universal Basic Income vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, UBI would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of UBI might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including UBI.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
