Background

Basic income, a policy proposal first introduced in the 16th century, has recently gained traction with futurist economists, technologists and politicians as the best policy response to address income inequality, projected mass unemployment resulting from automation, and provide a basic safety net that prevents abject poverty. The economic fallout resulting from the coronavirus crisis has triggered fresh enthusiasm to assess new approaches to capital and liquidity distribution.

This presents a ripe opportunity to advance distributed, bottom-up approaches to basic income, which we believe can advance at a greater speed than federal implementations.