UBI Plus

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As part of the restructuring deal that combined the Karma Finance and Goodomy entities into UBI Plus, holders of both tokens will receive UBI tokens in their place.

As noted in our token launch post:

The Short

The holders of Fantom-based projects like ZOO, BOO, and Spirit, will receive UBI and OPE airdrops starting in June. Each community will ‘compete’ with others to get a higher percentage of the airdrops. The more your community posts quality content to their own forums, the more of the…

We are happy to announce Burn Day 50x, a unique token burn even taking place over the next week for UBI Plus token.

Here’s how it will work

Between now and sometime on May 2, 2021, we will determine how many UBI tokens have been taken off exchanges. Whatever that…

The UBI Plus Token is a valueless governance token for participation in the UBI Plus ecosystem.

For your reference, the UBI Plus token is now available on Sushi, SpookySwap, and Hyperswap AMMs.

The contract address is 0xc908AE61B7E798A49a5876bDf0c307f02a3Ebce6

For both exchanges, please be sure you are connected to Fantom Opera in…

We’re full-steam ahead into the new UBI+ Token project. Details on the new UBI token will soon be released.

In the meanwhile, we’ve been working on something a bit different for Fantom, our new network. …

Karma Finance will be acquired by Goodomy as part of a deal that will restructure both projects.

Goodomy will provide funding for the cash-strapped Karma Finance project. Additionally, a new entity will be created that will operate in a far more decentralized and streamlined manner while still satisfying the needs of both communities. As well, the ‘Karma Finance’ brand will be replaced with the UBI+ brand.

UBI+, the new entity, will be a free-market based method of providing all of its token holders with a Universal Basic Income (UBI) scheme. It will run on the Fantom network.

Holders of the Ethereum-based KFI token will receive a swap of the new, Fantom-based UBI+ token. Details on the swap will be released at a later date.

Official Links

Website | https://ubiplus.org
Telegram | https://t.me/UBIplus
Official announcements | https://t.me/UBIplus_announce
Twitter | https://twitter.com/ubiplus
Blog | https://ubiplus.medium.com

Securities disclaimer

Expensive network fees have made it impractical for Karma Finance to implement any kind of UBI/DeFi hybrid over Ethereum.

Any kind of transaction over a blockchain network that costs more than a few cents is completely absurd.

We have, in fact, spent more than half of our budget paying…

Per the result of a vote last month on whether or not Karma Finance should integrate elements of Universal Basic Income (UBI) with our DeFi solution, we are happy to formally announce that it will be pursued.

In doing this, we want to provide a model for how UBI can…

The month of October saw the introduction of Karma Finance’s brand personality and message, ALP round 2, the KFITO token running on Consensus Finance’s protocols as its first pilot, and our first press release.

We also conducted a poll to find out whether the community wants to respond to the…

We are happy to announce that Karma Finance has joined Consensus Finance as the first token in its pre-release. …

UBI Plus

A blockchain-based mechanism that provides incentives to private individuals acting in their own best interests to fund a decentralized UBI scheme.

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