- We're a non-profit, which we believe is the better organizational model to make a project like this work (for multiple reasons, see draft whitepaper [1])
- UBI requires two things: 1) money to send 2) a way to send it. We have a solution for both: 1) seigniorage 2) the network we're building by incentivizing exchanges to add humans to the network
There are difficult open problems, too. Generating token demand, dampening volatility, sufficiently fraud-resistant identity verification, scaling, etc. Those are active areas of work; the draft whitepaper [1] details the current solution directions we're working on.
[1] https://docs.google.com/document/d/1E09fdrvBr_TgsUqODq-MROfo...