This is quite the amazing idea to use crytpocurrency as a universal basic income to any person who signs up for the service. I've been watching this closely for the last month or so since one of my favorite bloggers here has been hinting about it for quite some time. If your not following him you really need to, he has excellent discussions about the future of steem and incredibly bullish and exciting predictions.
Mannbase went live last night
Around 1930EST last night this service finally went live. It was a very fast and simple process to sign up and confirm my identity with my name, address, email and cell number. You than have access to your dashboard that is very clean and user friendly. Many of the features are still inactive and the first distribution is going to happen on March 1st and then weekly after that.
They haven't committed to an amount per member since it will change depending on the amount of people signed up, you also get a 50% bonus if you sign up using a referral code and each referrer gets a 100% bonus for each referral, so they will re balance the distribution every week. These tokens are listed on one exchange and can be freely sold and they are currently valued at just over $0.01USD at this time.
They also have a really exciting feature if you wish to delegate your basic income distribution to a charitable cause and this is directly from there whitepaper;
Users may choose to automatically reallocate some or all of their Manna basic income and referral bonuses to other verified participants – either to all of them generally, or to specific users or groups of users selected according to user-determined criteria. This option is intended for economically secure people who do not need a basic income subsidy, and prefer instead that it be distributed to others who may need it more. For example, a well-off user in the United States might decide to allocate 40% of their basic income to their fellow citizens in Puerto Rico after a disastrous hurricane, 30% to children in the 10 countries with the lowest GDP in the world, 20% to a basket of their favorite charities on the platform, and 10% to all UBI recipients except themselves.
This seams like another too good to be true initiative in the world of cryptocurrency
Manna is distributed by the People’s Currency Foundation, a U.S.-based 501(c)(3) nonprofit organization. They seam to have a good team behind them (well they look like good people in the photo's anyways I honestly don't know shit about that). But they seam to be really trying to use this blockchain technology for the betterment of mankind (or peoplekind if your in Canada) and I think that's a great initiative.
I suggest you at least head over and take a look at the platform and white paper and do your own due diligence before signing up, please don't take this as financial advice.
