Dover, Delaware Feb 18, 2022 (Issuewire.com) - The CENTUS community, which operates the algorithmic stablecoin of the same name, will donate 1 billion tokens ( $10 million) to the Basic Income Foundation (Delaware, US), a nonprofit organization. The organization will focus its charter activities on universal basic income for its members and on fighting poverty and inequality.
Stable Cent (CENTUS) is the first stablecoin with a seigniorage-based universal basic income. Stablecoin implements an algorithmically governed approach to expanding and contracting a stablecoin's money supply. 100 CENTUS 1 USD. The project launched in May 2019.
Basic Income Foundation (BINCOME), a non-profit organization established in the US, Delaware in 2020 to payout universal basic income in cryptocurrencies.
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Source :Basic Income Foundation
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