This is our introduction post.
We are happy to be a part of the STEEM community.
Mannacurrency is a cryptocurrency that was created to be given to anyone as a basic income. Our vision is a world without poverty. The present monetary system makes it impossible for people to get out of the poverty cycles that they find themselves in. Generational poverty is a tragic problem throughout the world.
Manna was originally named Grantcoin. For a little over a year, 3,000 people took part in our trial of income distribution. Over that time, we were able to verify the feasibility of such an idea along with some problem areas that needed to be ironed out.
This trial ended in August 2017. For the next 4 months, our systems were upgraded and redesigned to be automated while enabling us to scale up. We opened up the sign up process in December with the verification process implemented in February.
On March 1st, we had our first distribution under the Manna banner. There were over 10,000 people who received tokens on that date. Since that time, we have grown to over 40,000 verified users who are getting payment each week. Tomorrow, April 12th, will be our 6 distribution. Each payout is weekly.
We seek to reduce, if not eliminate, global poverty. While many are supporters of basic income, a challenge develops of how to pay for it. Governments are already operating in a deficit and the populous is taxed to the hilt. Therefore, going through those entities, if even possible, would take years. Plus, we are not sure dependence upon governmental entities is a good thing for people. To many things can change which would end up harming them.
Our belief is a cryptocurrency designed to serve as a basic income is the ideal solution. It avoids any conflict or debate about how to pay for the basic income. At the same time, it removes any central governmental organization having control over the currency.
This is why we believe we are "The People's Currency".
Our Steemit page is going to be used to provide updates and posts of our progression. Please join us in the fight against global poverty.
By the way, signing up even if you do not need the money is of great help. As all involved in cryptocurrency know, there is a network effect that takes place by having more wallets out there. We also believe in giving to others and will have entities where you can donate your tokens if you so desire. Any not-for-profit cause will be eligible to be listed on our platform when that is implemented.
If you have not already done so, click on http://www.mannabase.com to sign up for your basic income tokens.
