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  1. Hello Freicoiners, currently we plan to make a Freicoin giveaway thorough using the Alliance Forum infrastructure. To speed up the registration without increasing much the danger of fraudulent accounts the following draft for an universal dividend project is invitation based and designed with three different registration levels. The intention of the first level is, that people can easily join through an invitation so that people can get easily some experience with Freicoin. The verification for the second level is more harder to get and receives the full dividend. The third level is very hard to get. Its use case is mainly to limit abuse of accounts through requiring invitations. This draft also includes the concept of giving interest on Freicoins hold for security. To encourage a fair distribution of Freicoins the maximal interest is limited per person. The intention behind giving interest on Freicoins hold in security is that each person has an incentive to hold some Freicoins and therefore the Freicoins are more evenly distributed among the Freicoiners. Also the interest on the security encourages not just to dump the Freicoins. The security itself encourages to stay honest. Please feel welcome to give your feedback! Arcurus Three factor verification: - Applicant: Level 1: just name and email plus invitation from level 2 or higher - Member: Level 2: SMS verification plus invitation from level 3 or higher - Full Member: Level 3: Video chat, personal meeting or well known in the community Invitations: Level 2: Can make 10 invitations for level 1 accounts Level 3: Can make 10 invitations for level 1 accounts plus can make 1 level 2 invitation for every 1000* Freicoin deposited (100 days universal dividend) To be eligible to receive a universal dividend: - must be active, or must have shown through his actions his eligibility (Life time member) - Must be verified at least at 2 or higher - Level 1 receives 1/10 of the universal dividend Universal dividend: 1* coins per day Level1 10* coins per day Level2 100* coins (100 days of universal dividend level 1) for welcoming Level 1 1000* coins (100 days of universal dividend level 2) for welcoming Level 2 0,1* extra coins for each 100 coins (36,525 % interest p. year) in total max 5* coins per day for level 1 in total max 50* coins per day for level 2 * the exact number depends on how much active level 2 or above accounts are there. Therefore the exact dividend per day for level 2 or higher equals: (available funds / active level 2 or above members) / 2** / 5*** ** 2 because each level 2 can have 10 level 1 account invitations. with level 1 getting 10% of the universal dividend of level 2 *** 5 because 20% is given as direct dividend 80% as interest for the Freicoins hold as security Information required for Level 1: Email, Full Name Must agree to the Freicoin mission statement. Information required for level 2: Level 1 + Birth year, birth city, picture, verification information like telephone number Text field, why he should be eligible for Universal dividend. Text field what he can give for the movement. Information required for Level 3: Same as Level 2
  2. Hi all, I'm new here and is interested in UBI as tool to create a new economy with a cryptocurrency like freicoin/grantcoin. I'm quite against the idea of bitcoin or friecoin using a fixed amount of currency and let market decide the value. Especially its very prompt for founders/investor to hog huge % of the currency, or mining to create new coins. Is there possibility to based create based on per person instead? I made the following assumption: -objective is to eliminate poverty and supplement low income to provide basic need (housing, food, water, education, medical) - target 4B population or 50% of world population (not going to create a utopia and only provide for Pro UBI users where the Anti can stay out) of the lower income range. (US or top developed countries with high GDP per capita might not have lower % threshold while developing and third world will have higher % threshold - $30 per day given ( for ease of calculation i use $30 but below 18 year old can set lower amount with ranges) - basic income for business (based on no of employees turnover etc) + Social business model where minimum 51%-100% of ownership must be registered users co-owned - Backward calculation from date of birth and use 50 years old as average age as example: 4B x $30 x 50(average age of 4B) x 365 days= $2,190T (reason I use calculation from date of birth is to have equality from birth concept for anyone alive anywhere on earth. This amount of currency will be progressively realized over period of time eg 5 or 10 years to focus on green sustainable programs only. - Each month $30 x number of users 4B max x 30 days= $3.6T per month of UBI+ verifiable wages/salaries (from USD1 per day to $1000 per month) Combined income will be open to investors or banks etc to fund loans required. (eg loan to fund dormitory housing for low income/foreign workers which also provide social business service like central kitchen for daily food, mini mart for daily provisions,training/education or laundry service etc。Land and building will be use as collateral and therefore fund required might be 10-30% in cash required) Any funding will accept with 100% guaranteed repayment and since the loan look use average lifespan and BI+any current wages or salary, it will make many unqualified loan applicants qualified at a much lower interest rate. 0% default rate as UBI will act as fixed repayment. The UBI will be used to provide better housing,food education, medical that is falling in current situation and will not required funding from any government that is so much rejected in any proposal to increase tax to fund it. - Social business(SB) will set 30% profit margin for all goods and services provide to pool of users and points system given for their commitment to spend only on affiliated social businesses. eg: $1 pen for 1 million user. Buy in bulk with discount=$0.70. SB sell to users at $0.91 and therefore users will enjoys savings of $0.09 and $0.21 profit will be used to fund UBI and operating expenses. There will also be SBs that employ users enrolled with UBI and get additional wages/salary at minimum national rates. Repeat model for all products and services feasible to create this economy where consumers are also co-owners directly to promote customer loyalty. - There will be various models for different countries due to different requirements of needs. Data collection will be analyze through survey and polls with a gamification reward model ro encourage participation. Programs of different scales from 10 person minimum-millions person easily replicate around the world using open source concept. - As there is no quick or one shot method to replace any national currency, daily transaction of services or products trade between registered that accept the new global currency will also act as backing. eg $50 for haircut $50 for plumber. 2 users will pay $100 total to global central bank (GCB) which will build up fund to create more finance options. Will peg 1:1 to USD for ease of calculation in transactions. This will reduce all speculative nature in digital coins like bitcoin suffered. Valuation of this global currency (GB) is constant as long as there is human beings willing to participate. Since the economy model is using self fund through creating pool of users, identify their needs and take loans as a pool, there will not be tax increase funding oppose by public and got flexibility to scale down and start when platform is ready. More details can be found at https://plus.google.com/collection/QPUllB. I call this system Global Universal System (GUS) and hope Friecoin members can also give me feedback to improvise:) You may email me [email protected] if interested to partner/volunteer in any part of this project.
  3. Hi all, here an Link to an project, that tries also give out an Universal Dividend. Maybe we can learn from them or cooperate with them. Main futures are a PGP web ob trust for giving out the universal dividend. And alternative mining. Proof of Work combined with web of trust (proof of human). In short to take part in mining you must take part in the web of trust. Each member has the same chance to find a block. Once you found a block your chance gets smaller. Have fun, Arcurus Universal Dividend Every member regularly receives a Universal Dividend (i.e. monetary Basic Income) coming from new money directly issued bymembers and to members. http://ucoin.io/
  4. Hi All, here a first example sign up for for the suggested Basic Income / Word Citizens Project as described here: https://freicoinalliance.com/topic/127-freirepublic-freicoin-alliance-basic-income-world-citizens-dividend-project-suggestion/ To take part you must do the following steps: 1. Sign up: For each basic income circle (group) make a new topic here an post: (a group should have at least 5 members and at maximum 30 members) Group name: Name, birth year, birth country, some sentences about the dream(s) you / the group has. (in case of a group, just add more...) Attach an picture that is showing the persons in the group. Specify, the projects you want to support. Post the Freicoin address of the group, for receiving the basic income. (per group only one address is needed) Optionally: post your education, or other skills post a link to your Diaspora, and / or other social media accounts. If you are not sure how to do it, just write me an message or post here! 2. Get verified Get verified though video chat, local meetups, or other verification methods. Sign up and verify with other basic income groups. 3. Make your claiming transaction If your account got verified, make the claiming transaction in Freicoins to the Freicoin Alliance and announce it here. The claiming transaction should be made with 10000 Freicoins* (per person) Not necessarily the claimer must make the claiming transaction. Theoretically everybody can do it. Currently only Freicoins that have not been used with the Freicoin Alliance could be used for claiming, 4. Get your Basic Income After the Freicoin Foundation matching is done (normally in the beginning of each month) the claiming transaction is transferred back. 50% of the extra coins from the Freicoin Foundation are distributed to your Freicoin address. 50% of the extra coins from the Freicoin Foundation are distributed to the projects you specified. (Please don't specify more then two projects until the process is more automatized) Step three and four must be done every month. Have fun! *After the coin issuing through the Feicoin Foundation the Freicoins used for claimings are transferred back to the claimer. In case of theft the coins are currently not insured, so they could be lost! The exact amount of needed Freicoins for an claiming transaktion is not in the hand of the Freicoin Basic Income Projekt and depends fully on the Freicoin Foundation coin issuing / matching. With a coin matching rate of 10% 100.000 Freicoins per person per month would be needed to claim the Full Basic Income. In case of 100% only 10.000 Freicoins per perons per month would be needed. If more Freicoins are used for claiming then needed, the issued coins are distributed equaly among all participants to the current maximum given out Basic Income per month. If more Freicoins are given for claims then needed for total Baic Income payouts, these Freicoins maybe used for advancing the Basic Income Project, or save it for Basic Income payouts in the furture.
  5. Hi all, here are just some ideas about how an universal dividend / basic income could be distributed with using groups: This idea is in an very early stage! This example is based on the MANGO experiment! In short in the MANGO experiment each user get 1 MANGO per hour. To be fair in the long run MANGOS are decaying with 20% per year. To test it 1 second simulates one min. 1 Month simulates therefor round about 5 years. Group Trust: This example is designed, so that it needs no central authority. Groups need Mangos to be created to limit the creation of groups, give incentives to join groups and to stay honest. - to get the daily mangos one must be member of a Group / Team - each goup can have at max 30 members - per donated 10.000 Mangos (Little bit more then the Mango Income of one year (8640 Mangos) one can create or renew one group - donated mangos are redistibuted to all participants - groups must be renewed every year This would give first usecase to Mangos and test some alternative verification system Second: - if enough groups are there (for example) 10, then groups must themselves be member of a super group (clans) - each super group can have at max 10 groups - per donated 100.000 Mangos (Little bit more then the Mango Income of one 10 years (8640 Mangos) one can create or renew one super group - donated mangos are redistibuted to all participants - super groups must be renewed every year Third: - if enough super groups are there (for example) 10, then supergroups must themselves be member of a super super group (federations) - the rest is same like super groups, but with 10 times of the needed mangos And so on and so on. Optional: To support finance itself, per participant another maximal 24 mangos are generated per day. the group becomes 50% the super group 25% super super groups 12.5% and so on. Groups are required to make their use of funds transparent. Internally groups are free how to mange their members. Externally, all kind of goups can be voted in and out with 2/3 majority. In the begining this could be done with liquid democracy platforms like Adhocracy In short each participant is free to delegate his voting power to another participant or group, or is free to vote himself. per default each participant delegates his voting power to his member group. each group to their super group and so on. All the good, Martin
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