Beyond Basic Income: The Power of Networks Putting People First

The Swarm basic income program starts today, May 1st. If you want to learn more about the power of this concept and its potential applications, please read on.

The Basic Income in Brief

Swarm basic income is valued on the basis of the total production of the community. There is one base unit, the Swarm membership, and then a number of tokens which represent the value of other projects. This is similar to the old idea of each community or project having its own unit of account which represents the aggregate value.

At the moment, invitations are sent out manually based on existing human networks of trust. As reputational systems evolve this web of trust will be extended into many other areas as well.

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