circles UBI system for communities

Circles is a blockchain-based universal basic income (UBI) system designed for communities. It enables individuals to create their own personal cryptocurrency, which is issued at a steady rate, and to form trust networks with others to exchange value. The project aims to foster local, cooperative economies by providing a basic income in the form of digital tokens. The system is open-source and community-driven, with a handbook available at handbook.joincircles.net. It is not a traditional company but rather a decentralized protocol and social experiment. The project has been discussed in the context of alternative economic models and has a presence on platforms like GitHub and social media. As of the knowledge cutoff, it remains an active but niche initiative.

Circles was initiated as a project to implement a universal basic income using blockchain technology. It was developed by a group of individuals including Martin Köppelmann and others. The project launched its first version around 2020. It gained attention in the cryptocurrency and social innovation communities. The system allows users to generate a personal token at a rate of 1 CRC per hour, and to establish trust connections with others, forming a web of trust. Over time, the project has evolved, with a handbook and documentation provided for users. It remains a grassroots effort without a central company, though it has received some funding from grants. The project continues to be developed and discussed in online forums and meetups.

• 2020

  Initial launch of Circles UBI system

A community-driven, blockchain-based universal basic income system.

• Circles UBI protocol

  A blockchain-based protocol for issuing personal cryptocurrencies and building trust networks.

1. 1Wikidata entry for circles UBI system for communitieswikidata.org