Circles is a universal basic income (”UBI”) platform allowing communities to generate their own local currencies.
Glo is a non-profit Stablecoin that invests in government bonds that generates interest which then gets distributed to those in extreme poverty (through the GiveDirectly organization).
In order to establish a Universal Basic Income (UBI) system supported by social investment, GoodDollar had to tackle two primary goals: ensuring the effective distribution of funds to those in need and guaranteeing a continuous source of funding by distributing only the interest accrued from trust funds that were staked.
Humanity Cash is a blockchain company that aims to create a circular economy through “community currencies” and Universal Basic Income (UBI). It partnered with the community in western Massachusetts to create their community currency called “BerkShares,” which is now accepted by ~350 local businesses.
ImpactMarket provides accessible financial solutions, including universal basic income (”UBI”), a non-custodial wallet, microcredit, and learn to earn to empower unbanked and financially underserved people around the world. The UBI product is already supporting over 46,000 people in almost 30 countries.
LiquidStar describes itself as the “Uber of electricity;” it rents a container-based solar powered battery charging station and portable batteries to users, organizations, or companies to use for mining or staking. The rewards generated are used for (i) bringing affordable and sustainable electricity to rural communities and (ii) generating universal basic income (”UBI”). First deployments took place in the US and Jamaica, where LiquidStar supplied electricity to 1500 students at a school. Additional pilots are coming to Sumba, Indonesia and Djibouti.
impactMarket provides accessible financial solutions powered by web3 tools. Through a partnership with Node Finance - a web3 wallet provider - impactMarket created a Universal Basic Income (UBI) powered wallet. Donors can provide UBI to beneficiaries who can on-ramp into financial tools and grow their holdings. UBI recipients can use these funds through Moola Market, Ubeswap, and Mobius.