The GoodDollar Lite Paper
  • GoodDollar Litepaper: A Distributed Basic Income
  • Background
  • Why Now?
  • How It Works
  • Monetary Tools & Control
  • Target Market & Impact
  • Team
  • Conclusion
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Why Now?

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Last updated 4 years ago

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  • Adults with less than $10,000 form 56.6% of the world’s population but hold less than 2% of global wealth.

  • In the wake of the coronavirus outbreak, over 71% of Europeans now support some form of basic income.

  • More than 20 nations are now exploring UBI as a key policy proposal.

  • Innovations in decentralized finance have made it possible to generate interest on stable assets and efficiently redistribute it.

The GoodDollar token is an idea whose tech and timing have converged. For the first time in human history, the will and the means to deliver UBI are in place.