by Fabiana Cecin

Dailycoin is a cryptocurrency. Its symbol is XDL.

In the Dailycoin system, each person gets 1 (one) XDL virtual coin — a fungible crypto token — per day of Universal Basic Income (UBI).

All that income is minted on the spot, which is how the system can mathematically guarantee that everyone will receive exactly one extra coin per day.

That’s it.

The currency has a small, built-in wealth tax of 0.5% per year on all balances, computed and deducted automatically, to help with maintaining the currency supply limited in the long term.

The identity database is maintained…

Dailycoin Project

n Universal Basic Income Crypto UBI system.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store