PEER-TO-PEER & VOLUNTARY

"To be able to create what is the beginning of a decentralised financial security – basic income – but without relying on a government, instead relying solely on technology and your own personal network, feels incredible. I know I’ll be the first one to sign up! What Johan Nygren has come up with is truly amazing!”

https://www.cryptocoinsnews.com/bitnation-announces-decentralized-application-basic-income-based-bitcoin-2-0-technology-voluntary-fees/

INSPIRED BY THE 20TH CENTURY DIVIDEND SCHEME

"The dividend scheme makes it more advantageous to be a loyal Coop member. As more people realize the economic benefits, the idea is that more people will become members, more people will shop at Coop and that casual customers will transform into regulars and consolidate their purchases to Coop. This will make Coop more profitable, making it possible to further improve the stores and offers to members. "

-@CoopSverige, In Brief, 2010

"The idea of co-operative trading revolutionised food retailing with the dividend, often known as "divi", and the "divi number" became a part of British life. The way in which co-operative retail societies are run for the benefit, and on behalf of their members sets them apart from their modern-day competitors. The dividend is a financial reward to members based on each member's level of trade with the society. The distribution of profits on the basis of turnover rather than capital invested is a fundamental difference between a co-operative and most private sector enterprises."

-The Co-operative Group, Wikipedia

"Cooperative businesses may retain their earnings, or distribute part or all of them as dividends to their members."

-Dividend, Wikipedia

FEATURED IN COINSSOURCE.COM

"This is an astonishing system that can cater to individuals in a completely decentralized way. This, added to the existing services which BitNation aims to provide on a global scale, can lead the way for people to see the true power of decentralization and the peer-to-peer model. "

Basic income - provided by computers

SELF-ORGANIZING

“In my Basic Income #DApp, your safety net emerges from the sum of your financial interactions, allowing you to live and evolve as a global and mobile citizen. Basicincome.co transforms the stage upon which we unfold.”
-Johan Nygren, How to Create Resilience [2014]

INTRODUCING: DIVIDEND PATHWAYS

Every time you make a transaction with someone else inside the network, you create a dividend pathway. This pathway then connects you to that node, and also to everyone who´s connected to that node, and so on. 

These pathways create the basic architecture of the network. Through them, you connect to your own unique network, that potentially scales and interconnects with a much waster network. 

These pathways are organic in the sense that they grow and wither naturally. Pathways you create are not static, they emerge and they disappear. If you create a pathway to a new node, at say $100, then you´ll receive $100 via that pathway and then it fades.
 

These pathways behave like an organic system, you might grow thousands of pathways in one place, like if you live in Sweden, and then if you move somewhere else, you´ll create new pathways while your old ones gradually fade.