Basic Income basicincome.network

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What is Basic Income Token  Basic income is a concept where all people in a specific group are given a fixed amount of unconditional income. Ideally basic income should reduce poverty and help decrease the wage gap between the rich and the poor improving the quality of society. Basic Income Token is currently a digital currency and will soon become a full cryptocurrency. In mid-2019 all tokens on Basic Income Token will be transferred at a 1:1 ratio onto the new Basic Income Token blockchain. Each user who is signed up for the service receives 100 Basic Income Tokens each day  FREE. No additional tokens can be created with time or resources. No user can gain any other 'advantage' when it comes to acquiring tokens.

 

Additional tokens can temporarily be generated through referrals at the rate of 500 Basic Income Tokens per referral.

After 5,000,000 users have been reached these bonuses will disappear and income generation will be the sole source of new tokens.

 

Tokens cannot be removed from Basic Income Token at this time. Once the blockchain has been completed, withdrawals to external wallets will be possible.

 

Actively requiring users to claim tokens lets Basic Income Token ensure the user is both alive and wishes to obtain their daily allowance. It also requires users to be actively engaged with Basic Income and encourages them to use their income regularly.

 

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