Will You Join Us?
- November 2018, eToro announced the GoodDollar experiment, a non-profit, open-source blockchain-powered initiative aiming to reduce global wealth inequality by using principles of universal basic income (UBI)
- eToro is donating $1 million to support the GoodDollar experiment
- GoodDollar – which is looking to launch a pilot in 2019 – needs more brains, ambassadors and funders to join the project.
GoodDollar’s ultimate vision is to create a global cryptocurrency and economic framework whereby money can be distributed to those most in need, based on the principles of universal basic income (UBI).
What is UBI?
It is a model promoted by visionaries and thought leaders around the world – to provide all human beings with a guaranteed basic income. It is based on the premise that all humans deserve to be granted at least a minimum wage, with no strings attached, allowing them freedom to fulfill their potential.
Adopting UBI Principles
Now, thanks to the advent of blockchain technology – the distributed digital ledger that underpins bitcoin, and countless other cryptocurrencies – there is growing belief that UBI principles can be enabled in an incorruptible, decentralised way that doesn’t involve governments.
What is OpenUBI?
OpenUBI is the voluntary, open-source evolution of this idea: the economic models are based on blockchain technology, without the need for government involvement and taxation. The process is democratised through decentralised governance, and all currency data is saved on a transparent, distributed ledger.
Some of the features of GoodDollar are:
- Accessible to anyone, anywhere on the planet
- Fairly distributed to combat inequality
- Exchangeable for any other currency
- Low transaction fees to ensure no barriers
If you are an expert in identity and privacy, governance, local and global adoption of financial products, and wealth distribution, please email:
We are also looking for ambassadors, philanthropists, NGO partners and those that want to help us do good. Please email us on: