Crypto 848

2024/10/25 06:09

Universal Basic Income (UBI) WLD:

Universal Basic Income (UBI) WLD:

The concept of universal basic income is at the heart of Worldcoin’s mission, aiming to provide financial security and empower individuals. Here’s a closer look at UBI within the Worldcoin framework:

- **Regular Income Distribution**: 

  - Worldcoin seeks to implement a model of UBI by distributing WLD to every verified individual. This regular payment is intended to provide a safety net, helping individuals meet their basic needs and improving their overall quality of life.

- **Alleviating Poverty**: 

  - By providing a financial cushion, Worldcoin aims to alleviate poverty and reduce economic inequality. UBI helps individuals gain financial independence, allowing them to invest in education, health, and opportunities that can lead to upward mobility.

- **Stimulating Economic Activity**: 

  - UBI has the potential to stimulate local economies by increasing purchasing power. As individuals receive regular payments, they are more likely to spend on goods and services, contributing to economic growth and sustainability.

- **Promoting Financial Inclusion**: 

  - Worldcoin’s UBI model is designed to include everyone, especially those historically excluded from traditional financial systems. By ensuring that every verified individual receives WLD, Worldcoin fosters a sense of belonging and participation in the global economy.

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