BIG Foundation initial coin offering (ICO)

Basic Income Guarantee



BIG (Basic Income Guarantee) is a concept of unconditional basic income implemented using blockchain technology. The goal of BIG is to create a system that provides all participants of the system with unconditional basic income and at the same time allows to produce, buy and sell any goods and services within the system.

3
2 2 expert ratings
2.3
3
3
2
View rating distribution
Starts in 1 year ago
2017-10-12 - 2018-11-01
Token
BIG
Bonus
Available
Price in ICO
1 BIG = 0.01 ETH
Platform
Accepting
ETH,
Soft cap
1000 ETH
Hard cap
50000 ETH
ICO start
Oct 12, 2017
ICO end
Nov 1, 2018
More on ICO
Report

About BIG Foundation ICO

The BIG system is based on the theory of unconditional basic income, according to which every user of the system receives income without any conditions (for free). Since the development of the economy depends entirely on the purchasing power of the population, the introduction of basic income is aimed at increasing consumer demand and stimulating the growth of the economy in general.
The issue of BIG tokens is connected with the number of user's wallets and takes place on a daily basis. That is, every day the system issue 1 token per registered wallet. Each new wallet increases daily emissions by 1 token. The emission is distributed among the participants of the system evenly.
Any user will be able to sell and purchase goods and services using BIG tokens. At the same time, with each transaction, a commission is charged, which helps to maintain the system. Commission from each transaction (10%, so called consumption tax) pays for the work of miners, and is also distributed among all users of the system in equal shares. This distribution reduces the size of daily emissions. If the volume of commissions from transactions reaches the level of emission, then the wallets of users will be topped up exclusively at the expense of these fees. If the amount of commissions starts to exceed daily payments by wallets, then the surplus will also be distributed among all participants of the system and, thereby, increase the unconditional basic income.

BIG Foundation reviews

Berkay Alp
ICO Analyzer
Rated on Oct 27, 2017
3
3
2
10%
PlumBot
ICO Analyzer Bot
Rated on Sep 2, 2018
0
0
0
90%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

BIG Foundation ICO price

Price in ICO

1 BIG = 0.01 ETH

BIG Foundation (BIG) crypto

BIG Foundation coin

BIG Foundation token
BIG
BIG Foundation platform

BIG Foundation market cap

BIG Foundation market capitalization
$ -2

BIG Foundation investment info

Accepting
ETH,
Soft cap
1000 ETH
Hard cap
50000 ETH

BIG Foundation whitepaper

BIG Foundation team

Apply as an advisor

Sergey Ryabov

CEO

Dmitriy Bereznitskiy

CTO

Vitaliy Mengeshev

COO

ICOs that might interest you

The Mercury Protocol is a decentralized, transparent, and open source protocol built on the Ether...

Oct 25, 2017

Stubba is the worlds first truly ‘commission-free’ event ticketing platform.

Jan 30, 2018
Platform
2.4

dApp Builder allows customizing prebuilt smart contracts (no coding) and instantly deploying them...

Jul 16, 2019