Basic Income Token is an attempt at basic income. Each user who is signed up for the service receives 100 Basic Income Tokens each day. No additional tokens can be created with time or resources. No user can gain any other 'advantage' when it comes to acquiring tokens.
"Universal Basic Income is a critical societal movement that must exist for the world to
continue to function as jobs continue to be replaced by automation. We live in a world
with more abundant resources than ever before, yet there are still people who
struggle to make ends meet. It is our duty as humans to ensure that every person has
access to the core necessities of life. The Swift Protocol is a proposal that lays the
framework for a DAO with the purpose of distributing Universal Basic Income.
Worldwide adoption of the BIT Protocol will allow the dream of Universal Basic Income
to become realized. The protocol has been designed with practical and proven
solutions, with additional functionality to aid mass adoption."
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