Universal Basic Income is a hypothesized way to stimulate the world economy by providing citizens with a monthly stipend to cover their basic needs. The concept, which gained traction in 2019 thanks in part to the campaign platform of former Presidential candidate, Andrew Yang, has now made its way to the crypto sphere.
Multi-asset trading platform eToro recently announced the official launch of GoodDollar — a non-profit initiative that plans to leverage decentralized finance as a means to offer a “digital basic income” to its users.