UBI-Vault is a free service made by Thinsia Research. What kind of service? You can donate money (in Ether) or register as a receiver of money (in Ether). The UBI-Vault system automatically distributes donations (in Ether) to everyone who signs up as a Citizen, as a basic income.
95% of incoming money (in the cryptocurrency Ether) is automatically distributed among citizens. 5% is used for maintenance and further development of the system, transaction fees (“gas”), website, future employees, and PR.
You can donate for a UBI, and so do something good for the world!
For the further development of the system we are looking for sponsors, or loans, which can be paid back from 1 of the 5% of the maintenance sum. See donate for development.
The team will publish a yearly overview, with the following information:
1 the amount of Ether spent for the software development of the UBI-Vault system
2 the amount of Ether contributed to the UBI-Vault, split up between kind of income (donations, loans, other)
3 the amount of Ether spent for UBI-distribution
4 the amount of Ether spent for the technical maintenance of the UBI-Vault system
5 Other expenses in Ether like pr, third parties etc.