Gooddollar - The New Universal Basic Income Initiative Sponsored by eToro
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eToro, a well-known social trading and investment platform, has recently launched Gooddollar, a not-for-profit Universal Basic Income (UBI) project which was first conceived in 2018. It is sponsored by eToro as one of their corporate social responsibility intiatives.
At its very essence, UBI provides a guaranteed minimum income to everybody regardless of their circumstances or work history and allowing them to afford the cost of their basic needs. While the idea flourished in Sir Thomas Moore's Utopia, it has failed to gain traction with the conventional governments here in the real world. Fortunately, the advancement of blockchain technology and cryptocurrency has leapt in to fill the void.
Gooddollar's adaptation of UBI