Myubi is an ecosystem of mobile and web applications powered by blockchain technology that empowers individuals and communities by providing a Universal Basic Income to help alleviate global poverty.
MYUBI is an acronym for “My Universal Basic Income”. Phonetically MYUBI stands for “My, You and Be”...
Myubi provides an easy and secure way to receive, distribute and save benevolently donated blockchain tokens (Myubi Tokens) using a secure mobile cryptocurrency wallet. Myubi facilitates new models for benevolent funding by bringing together benevolent givers and benefactors by the seamless on-boarding of new and existing individuals and community groups.
Overview of the Myubi ecosystem Access to Myubi – the smart phone phenomenon in the Developing World
Myubi seeks to connect to its intended primary beneficiaries by way of smart phone applications and an internet connection. Will such utility be available to the intended primary beneficiaries – Yes!
Despite the poverty the populous of developing third world countries seeks out smart phone use and phone and internet coverage continues to expand exponentially.
By way of example the number of smartphone users in Nigeria, Africa's biggest economy and most populous country is currently, estimated from different sources at roughly 25 and 40 million. The number of smartphone users is forecast to grow to more than 140 million by 2025.
The Myubi plan utilises the smart phone phenomenon to implement its vision.
What you should know
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Myubi Tokens will be gradually released over a 20-year program.
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Myubi will seek Charitable, Public Benevolent Institutional and Not for Profit status.
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No company trading profits or assets will be distributed to founders, or shareholders, Myubi Tokens may be awarded in part or in lieu of cash payments for actual work and services done for the benefit of Myubi and its goals.
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Myubi Token release policies will prevent dumping and price manipulation.
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Myubi Tokens are only released to early supporters and network participants and program partners.
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Myubi Tokens will be first released to participants on a monthly basis, then later daily.
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Myubi Token distribution rate will depend upon token market price, number of network participants
A major Key Performance Indicator (KPI) for Myubi will be by Q4 2020, Myubi we will be distributing Myubi Tokens or more correctly Myubi Utility Tokens, in the order of $1.25 to $2 USD of value to each participant daily. Token distribution will initially be at intervals of one month in advance, then moving to daily distribution approximately three months after the anticipated successful launch of the Myubi blockchain (see Roadmap for information).
Myubi Token utility will be dependent on five fundamentals drivers:
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Liquidity
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Digital scarcity
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Token release policy
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Technological advancements
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Network effects
Early participation opportunities
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Committed team with a vision and a plan
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Powerful world view
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Minimum viable product already launched
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Implementation of new technologies now allows for the vision to be implemented on a global scale
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Early involvement creates opportunity -You can make a difference!
Join the conversation on our telegram channel https://t.me/myubiANN
