►
From YouTube: Universal Basic Income for Every Human on Ethereum
Description
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A
On
march
10
2021,
which
is
a
protocol
co-developed
by
cleros,
which
is
an
arbitration
service
only
built
on
ethereum
and
democracy
earth
foundation,
which
is
the
organization
I
preside
as
where
we
do
research
trying
to
understand
what
democracy
looks
like
in
the
information
age
and
one
of
the
biggest
hurdles
that
at
least
us
democracy
are.
We
faced
through
every
single
pilot
that
we
have
done
of
digital
democracy
over
the
last
seven
years.
A
A
Here
you
can,
if
you
click
on
start
over
here,
click
on
start,
you
will
see
the
the
registry
of
proof
of
humanity
with
the
latest
identities
or
the
latest
humans
that
have
registered
in
the
system.
So
right
now
we
have
almost
we're
going
to
be
reaching
7
000
humans
right
now
or
profiles
in
the
in
the
in
the
system,
and
each
one
of
these
has
to
submit
a
proof
of
themselves.
B
A
B
A
You
are
uploading
your
identity
into
the
system.
So
once
you
submitted
your
proof
of
identity
with
the
video
brief
information
about
yourself,
information
does
not
need
to
be
your
real
information,
just
something
that
helps
you
identify
in
the
network,
but
that
doesn't
need
to
be
your
real
name
or
your
any
kind
of
personal
information.
A
B
A
So
there
are
all
these
requirements
that
need
to
be
met,
and
if
you
don't
meet
them,
someone
once
you
submit
your
profile
and
after
being
vouched,
someone
can
challenge
your
profile,
there's
a
window
of
three
days
and
a
half
where
challengers
have
an
incentive
to
challenge,
because
when
you
create
a
profile,
you
have
to
pay
a
deposit
and
this
deposit,
you
will
get
it
back.
If
no
one
challenges,
you
challenges
you
and
if
you
do
the
proof,
all
right
you'll
be
able
to
do
it.
A
But
if
you
do
not
do
the
pro
proof
properly,
then
the
challenger
has
the
incentive
to
use
your
your
deposit
to
earn
your
deposit
through
the
challenging
process.
Now,
let's,
let's
check
on
this
profile,
for
example,
here
this
profile
has
been
challenged
and
it
argues
that
the
resolution
of
the
video
does
not
meet
the
criteria,
so
this
goes
to
an
arbitration
system
which
is
the
cleros
court
arbitration
system.
So,
let's
see
if
I
can
connect
two
plato's
here,
so
the
humanity
court.
Where
is
this
products?
A
A
So
we
launched
this
on
a
we
launched
this
on
march
10..
So
far
we
have
almost
7
000
unique
humans
in
the
registry.
Let
me
show
you
some
graphs
that
show
the
growth
of
the
registry
so
far.
Excuse
my
my
slow
internet
connection.
So
here
you
can
see
the
last
30
days.
It's
a
bit
broken,
but
this
is
for
one
member
of
the
community,
but
you
you
can
see
that
it
has
been
steadily
growing
throughout
time.
A
A
B
A
A
This
type
of
applications
are,
for
example,
systems
that
enable
democratic
governance,
and
that's
going
to
tell
you
how
we
are
using
democratic
governance
today
on
the
proof
of
humanity.
Dao,
you
can
enable
systems
of
universal
basic
income,
and
I'm
gonna
show
you
how
we
have
implemented
a
ubi
token,
a
universal
basic
income,
token
of
proof
of
humanity.
A
A
So
we
combine
with
proof
of
humanity
a
video
proof.
We
want
to
make
sure
that
anyone
anywhere
can
detect
civils
or
can
detect
deep
fakes
or
robots
present
in
the
registry,
and
that's
the
only
requirement
the
only
information
that
is
specifically
required.
We
don't
require
your
personal
name,
your
real
name,
your
legal
name,
your
nationality,
where
you
are
none
of
the
information,
is
relevant.
We
just
want
to
enable
people
to
be
able
to
check
the
faces
of
those
participating
in
the
registry.
A
So
on
top
of
a
proof
of
humanity,
the
first
application
we
deployed
is
the
universal
basic
income.
Token,
the
uvi
token.
So
there
are
a
couple
of
very
interesting
features
about
this
token
that
I
would
like
to
highlight.
First
of
all,
it
is
an
erc20,
but
let's
go
to
the
code
a
little
bit.
Let
me
show
you
just
how
easy
it
is
to
integrate
with
proof
of
humanity.
A
So
if
we
check
into
the
contract
code,
you
can
see
that
it's
a
you
know
pretty
straightforward
erc20
that
interfaces
with
proof
of
humanity.
You
know
it
called
it
talks
to
the
proof
of
humanity,
smart
contract,
which
is
already
deployed
on
the
mainland,
and
it
asks
whether
an
address
is
registered
on
the
registry.
That's
it
so
what
proof
of
humanity
does
is
that
once
you
become
a
verified,
a
human
and
let's
see
if
I
can
find
a
profile
here,
let's
see,
let's
check
someone
those
are
already
registered.
These
are
probably
the
latest
ones.
A
A
So
once
you
become
verified
on
proof
of
humanity,
the
ubi
is
streamed
and
straight
into
your
your
ethereal
wallet,
whether
it's
metamask
or
whether
it's
a
rainbow
or
any
of
the
wallets
there.
You
will
see
your
ubi
accruing
in
real
time
over
time.
Right
now,
the
issuance
rate
of
ubi
is
set
at
1
uei
per
hour,
and
the
current
market
value
of
ubi
is
around
20
cents
of
a
dollar.
A
So
that
means
pretty
much
that
we
are
delivering
a
universal
basic
income
to
these
6
000
or
so
people
of
roughly
150
dollars
to
sometimes
200
250,
sometimes
even
more.
If
the
token
price
goes
up
a
month
which
is
in
most
developing
nations
is
even
better
than
the
pension
being
delivered
by
the
state
in
my
country
in
argentina,
that's
a
better
pension
than
the
you
might
get
from
from
the
government.
A
A
Those
are
being
developed
from
what
I
heard
from
hayden
adams
from
unison,
but
right
now,
if
you
provide
liquidity
on
unison
version
2,
if
you
provide
liquidity
with
ether
or
you
probably
didn't
die,
there's
a
liquidity
farming
contract
that
will
allow
you
to
earn
more
uvi
throughout
the
first
year
of
the
project,
and-
and
this
was
a
mechanism
that
allowed
allowed
us
to
start
building
some
liquidity
for
the
token
to
be
able
to
bootstrap
it.
So
there's
a
bunch
of
experiments
going
on
with
the
projects.
A
A
Let
me
see
here
universal
basic
income
for
humans.
Here
you
can
find
more
information
about
how
it
works
out,
but
the
initial
supply
of
the
token
40
went
to
the
liquidity
mine.
We
we
minted
10
million
ubi
at
genesis.
Four
million
went
to
the
liquidity
mining
program.
Four
million
went
to
the
community
treasury
that
is
being
used
by
the
dao
and
22
million.
Sorry
20
went
to
the
pre-sale
investors
that
participated
in
the
project,
leaving
only
five
percent
really
from
that
twenty
percent
to
the
community
contributors.
A
A
So
this
is
a
bolt
that
reduces
the
supply
of
uvi,
with
the
profits
generated
on
wire
and
finance.
We
are
right
now
auditing
and
testing
this
vault,
but
so
far
so
good.
We
have
been
able
to
test
the
burning
mechanism,
and
if
we
are
able
to
build
liquidity
into
these
vaults,
we
could
have
a
very
interesting
instrument,
keeping
in
check
the
issuance
or
the
emission
of
ubi
through
the
cucumbers
system.
We,
I
also
mentioned
the
dao,
the
dao.
A
It's
using
snapshot,
snapshot
allows
for
off-chain
voting
and
proposing,
which
is
very
good,
keeps
the
system
very
prone
to
free
speech,
which
is
very
important,
and
the
other
aspect
is
that
for
the
dow
we
are
not
governing
this
down
with
the
uvi
balances.
We
are
actually
governing
this
down
with
proof
of
humanity
and
we
actually
are
using
a
proxy
contract
that
gives
one
boat
one
boat
to
each
verified
human
on
proof
of
humanity.
A
A
As
far
as
we
know,
this
is
the
first
democratic
driven
down
in
all
of
ethereum's
history,
or
at
least
one
that
has
significant
usage
and
members.
So
this
this.
This
is
an
interesting
feature
in
itself,
because
we
are
using
snapshot.
Delegations
are
allowed,
so
we
are
using
liquid
democracy
on
more
recent
proposals.
Let's
check
out
more
recent
one.
I
think
this
one
might
have
someone
with
more
votes
here.
You
can
see,
for
example,
clement
luzege
from
plato's.
He
has
11
votes
delegated.
A
I
had
four
boats
delegated,
so
it's
a
version
of
liquid
democracy,
so
those
that
do
not
have
the
time
to
engage
with
the
governments.
They
can
delegate
their
vote
to
someone
else
and
obviously
we
have
the
forum
where
different
proposals
are
being
debated,
to
improve
the
economics
to
improve
how
the
protocol
works.
The
different
challenges,
the
different
aspects
that
make
proof
of
humanity
possible.
A
There's
one
of
the
contributors
that
created
humanity
tools,
so
humanity.tools
has
a
lot
of
very
interesting
material,
but
some
interesting
demos
as
well.
I
like
this
theme,
a
lot
that
checks
for
similar
faces
and
it's
a
nice
tool.
If
you
are,
if
you
want
to
find
duplicates
in
the
registry
and
earn
a
good
quality
for
finding
duplicates,
you
can
use
this
tool.
So,
let's
copy
someone's
address,
let's
test
this
out
like
this.
If
this
work
you
just
introduce.
A
A
So
if
you
want
to
learn
more
about
how
proof
of
humanity
works,
you
can
obviously
follow
us
on
twitter
and
in
telegram
there
are
two
telegram
groups:
there's
the
proof
of
humanity,
proof
it's.
Let
me
prove
humanity
without
the
off,
which
is
actually
the
original
group.
We
had
with
researchers
so
right
now
this
has
25
members
and
there's
another
one.
That's
proof
of
humanity
in
spanish
that
has
around
3
000
members.
A
A
B
A
A
Maybe
this
will
be
hard
to
find
very
quickly,
but
I
think
I
found
it
just
today:
it's
not
here
there.
It
is
so
we
have
different.
We
have
users
giving
vouchers
to
each
other.
This
is
from
the
early
days
of
the
protocol.
We
didn't
have
too
many
vouchers,
but
each
vouch
or
every
voucher
is
actually
processed
in
a
sequential
way.
A
A
A
B
A
The
registry,
and
if
you
are
approved,
then
you
get
your
deposit
back
and
you
are
able
to
start
the
accruing
ubi
every
second
throughout
the
throne
throughout
time
the
the
identities
are
valid
for
one
year
after
one
year,
you
have
to
renew
that's
also
a
matter,
that's
actually
being
debated
by
the
community
right
now
and
and
yeah.
That's
a
quick
overview
of
how
proof
of
humanity
works
with
the
universal
basic
income
built
on
top
of
it
and
with
enabling
using
nothing
but
smart
contracts
and
ethereum
and
crypto
economic
incentives.
B
A
Yeah,
it's
it's
a
you
know
it
would.
You
know
when
you're
building
a
system
like
this,
the
only
variable
we
control
is
the
issuance.
We,
when
you
know
if
we
were
to
use
some
kind
of
stablecoin
or
some
kind
of
you
know
something
that
could
start
with
stabilize
the
price.
We
are
definitely
paying
attention
to
projects
that
are
doing
that.
We've
been
looking
at
algorithmic
stable
coins
like
ample
fourth
or
you
know
different
kinds
of
products
that
we're
trying
to
stabilize
the
price.
We
never
expected.
The
wild
swings
the
token
had.
A
If
the
token
you
know
went
you
know
it's
a
small
cap
token
and
it
had
speculators
playing
with
it.
And,
of
course
you
know
it's
on
the
very
early
days,
but
we
wanted
to
make
sure
we
had
a
mechanism
that
fairly
and
automatically
distributes
to
everyone
and
with
our
own
token,
we
can
control
that
issuance
right
then
comes
the
challenge
of
well
how
we
control
the
price.
A
If
we
can
control
the
price,
you
know
we
live
in
a
strange
world
where
dogecoin
has
a
market
cap
of
85
billion
dollars,
and
you
know,
probably
a
price
can
go
a
bit
irrational
with
these
markets,
but
we
thought
that
you
know
having
a
fair
distribution
for
a
fair
mechanism.
That
is,
you
know
once
you
become
verified,
you
get
this
token,
we'll
enable
a
couple
of
interesting
things.
First,
you
know
everyone
that
will
be
find
themselves.
A
A
community
building
around
it,
the
wire
holes,
there's
an
ave
fork
actually
being
built
to
length
the
token
and
use
future
price
to
stabilize
price
in
the
present.
So
there's
stuff
like
that
working
around
with
with
the
with
the
ui
token
whether
the
issuance,
if
you
know
the
issuance
rate,
we
had
arguments
in
favor
of
increasing
it
and
decreasing
it,
as
you
can
expect
in
a
community
with
different
ideologies
and
different
ideas,
decreasing
it
potentially
could
help
boost
the
price
increasing.
It
could
potentially
dilute
the
pre-mine.
A
So
you
have
these
trade-offs.
What
I
believe,
after
three
months
of
seeing
the
project
in
action,
is
that
we
were
always
able
to
deliver
a
ubi,
that's
above
100
a
month
and
that
that's
very
helpful
for
students
for
questionnaires
for
people
in
the
developing
world,
so
the
we
were
lucky
with
that
respect.
That
price
was
always
able
to
match
a
distance.
A
You
realized
to
get
the
system
and
if
we
are
able
to
fix
the
issuance
rate-
and
we
just
know
the
fact
that
one
uvi
equals
one
hour-
the
collateral
of
the
token
is
human
time,
and
then
the
market
can,
without
surprises
of
increasing
or
reducing
issuance
without
surprises.
With
our
channel
information
surprises.
A
The
market
can
coordinate
that
price
around
it.
That's
that's
at
least
our
hypothesis.
The
market
has
this
predictable
emission
rate
of
this
token
over
time
to
humans.
Then
the
market
can
decide.
Well.
What
should
the
value
of
universal
basic
income
be
right
now
the
market
is
saying
20
cents
because
of
a
lot
of
factors,
because
ants
went
down
last
week
because
you
know
there
are
multiple
factors
it's
still
very
early
days,
but
on
the
long
term.
A
A
B
Place
as
a
community,
of
course,
I'll
follow
on
to
what
you
sort
of
already
transitioned
into
is
just
overall,
obviously,
you've
seen
a
lot
of
positive
reception
from
your
community,
but
what's
kind
of
been
something
that
they've
requested
for
you
to
either
add
or
integrate
or
work
on
that
wasn't
either
part
of
the
plan
or
just
found
you
by
surprise,
like
what's
kind
of
been
that
reaction
for
the
people
who
did
not
know
what
this
is.
Yeah.
A
Look
it's
it's!
It's
been
like
quite
a
roller
coaster
to
be
honest,
last
three
months
of
my
life
after
launching
this,
but
it's
so
exciting.
But
of
course
there
are
yeah.
We
were
expecting,
for
example,
to
see
big
fakes.
We
were
expecting
to
see
you
know,
people
with
twins
or
multiple
tweets
or
people
these
guys
that
are
on
the
guidelines.
A
A
B
Wow,
I
know
we're
running
out
of
time,
but
I'll
ask
one
interesting
question
that
just
came
from
from
our
chat
and
now
we'll
then
move
on
to
our
next
talk
and
the
question
is
so:
how
do
you
think
about
proof
of
humanity,
overlapping
with
people
wanting
to
be
anonymous
or
synonymous
online?
Do
you
think
that,
is
it
a
contradiction
or
like?
Where
does
that
kind
of
fit
into
how
I
guess
we're
seeing
the
web
evolve.
A
You
know
I
have
a
public
address,
an
ethereum
and
I
have
many
private
addresses,
probably
have
more
private
addresses
than
public
addresses,
but
for
most
people,
I'm
santi.if.
So
that's
that's
me.
You
know,
you
know
you
have
it
on
twitter,
that's
I
I
decide
to
be
public
on
that
address.
I
see
that
you
know
that
that's
a
spectrum
and
with
metamask.
I
think
you
can
wear
multiple
masks.
That's
that's
the
point
of
a
metamask
right
and
in
some
masks
you
will
be
your
public
persona
in
other
masks,
you'll
be
more
private
or
more
anonymous.
A
Proof
of
humanity
tries
to
put
all
kinds
of
warnings
just
to
make
sure
that
users
are
aware
that
this
will
be
tied
to
a
video
of
yourself
declaring
yourself
as
a
human.
You
are
not
required
to
disclose
any
personal
information
or
of
yourself
whether
your
name,
your
other
nationality.
None
of
that
is
required.
You
can
use
cafe
a
name
effect
whatever,
but
we
people
need
to
check
your
face.
A
We
need
to
check
your
faces
just
to
see
if
there's
some
other
human
that
looks
like
you
or
not,
because
evolution
wanted
this
part
of
our
bodies
to
work
as
a
public
key.
We
recognize
each
other
in
society
socially
through
our
faces,
and
it's
it's
just
a
fingerprint
that
we
have.
You
know
in
a
way
of
recognizing
each
other
at
a
distance
and
we're
just
simply
using
that
fact
of
nature.