BitFlex FinTech X Good Dollar — Universal Basic Income (UBI) for All. “GOOD NEWS”
BitFlex FinTech and Good Dollar have partnered to promote Universal Basic Income (UBI) in Africa. Through this partnership, these blockchain businesses aim to change lives through crypto.
With governments being compelled to adopt emergency stimulus measures and airdrop cash into individuals’ accounts as a result of forced shutdowns, Universal Basic Income (UBI), also known as Basic Income, has reawakened interest. This reality has not gone unnoticed by e-trading firm eToro, which has launched the GoodDollar corporate social responsibility project to introduce Basic Income to the mainstream through the power of blockchain technology.
GoodDollar, launched on September 7, providing a solution that allows citizens all over the world to claim Basic Income through the G$ coin, a digital currency that any cell phone owner can claim.
Basic Income is a long-standing program that has lately received renewed attention and significance as governments have begun to distribute money directly to individuals as part of financial rescue packages. However, Developing countries do not have this luxury, and the unemployed face even tougher times as the global pandemic seems to keep find a way to mutate into new strains.
Zimbabwe, for example, does not have rescue packages and blockchain protocols like this can alleviate the financial burdens of those in desperate need of monetary aid.
HOW IT WORKS?
GoodDollar wraps around yield-generating decentralized finance protocols. Those funds are used to mint a reserve-backed crypto-asset (G$), which is used for yield-payouts and distributed daily as digital basic income to users.
If like us at BitFlex FinTech, you believe in economic inclusion and the distribution of prosperity for all, then we invite you to SIGN UP for GoodDollar, create your own basic income wallet and start collecting your daily digital income.
SIGN UP BELOW and Get an extra 50G$ bonus
