What is MANNA

Manna, $MANNA: A Cryptocurrency for Universal Basic Income

Introduction

In the evolving landscape of cryptocurrency, Manna, represented as $MANNA, has emerged as a unique player with a distinct objective: to establish a universal basic income (UBI) system worldwide. By leveraging the innovative capabilities of blockchain technology and intelligent contracts, Manna seeks to facilitate straightforward charitable donations and foster an international network of contributors. As the concept of UBI gains traction in discussions surrounding economic equality and social justice, cryptocurrency initiatives such as Manna aim to pave the way for a transformative approach to financial assistance on a global scale.

What is Manna, $MANNA?

Manna is fundamentally a blockchain-based cryptocurrency engineered to operationalise the idea of universal basic income. The project aspires to achieve several vital goals, including:

• Utilizing Cryptocurrency for Charitable Purposes: Manna intends to harness the power of digital currency to promote charitable donations, thereby enabling individuals and organizations to support those in need efficiently.

• Creating a Network of Stakeholders: The project aims to build an extensive network encompassing businesses, governments, and various organizations, united in their vision of delivering financial support to communities worldwide.

• Economic Impact through Blockchain Technology: By deploying innovative blockchain solutions, Manna actively contributes to people's economic stability while exploring the larger implications of UBI within the modern economic framework.

At its core, the Manna project reflects a commitment to utilise blockchain technology not merely for financial transactions but as a vehicle for positive social change.

Creator of Manna, $MANNA

The origins of Manna are somewhat nebulous, primarily due to a lack of specific information concerning its creator. However, it is important to note that Manna is maintained and distributed by an entity known as the People's Currency Foundation. This organization champions the notion that access to basic income is an inherent human right and that every individual should receive Manna tokens free of charge as a means of financial support.

Furthermore, before its name change to Manna, the project was initially introduced as “Grantcoin,” and it has been supported by a nonprofit organization called “Hedge for Humanity,” which has played a role in solidifying Manna's mission to democratize access to financial resources.

Investors of Manna, $MANNA

Specific information regarding the investors backing Manna remains unspecified within available resources; however, the initiative enjoys foundational support from the People's Currency Foundation. The project's cornerstone has been the efforts of Hedge for Humanity, emphasizing its commitment to using cryptocurrency as a tool for social good. While the individual investors and backers are not publicly documented, Manna's alignment with these organizations signifies a broader movement towards viable UBI solutions, seeking partnerships that share a dedication to improving social welfare.

How Does Manna, $MANNA Work?

Manna operates by distributing its digital tokens as a form of universal basic income to its users, establishing a system where every individual can receive financial assistance simply for existing. Here are the key factors that make Manna unique:

• Token Distribution Mechanism: The distribution of Manna tokens occurs through a user-friendly process, whereby individuals can access their funds by simply accessing the data stored in the Manna blockchain or through their personal Mannabase account.

• Mining and Rewards: Users who contribute to the network's security and transaction processing through a process commonly referred to as “mining” are rewarded with Manna tokens. This fosters an active community, encouraging participation and engagement in the system.

• Quick Transactions and Minimal Fees: Manna places a substantial emphasis on ensuring that transactions are processed efficiently, with an aim to maintain minimal transaction fees. This approach not only enhances user experience but also fosters greater accessibility among potential beneficiaries.

• Charitable Functionality: By seamlessly integrating charity into the framework of its operations, Manna aims to create a sustainable ecosystem where surplus tokens can support those in need. This aspect fosters a sense of community and collective responsibility among participants.

The unique structure and functionalities of Manna position it as a forward-thinking cryptocurrency that not only addresses financial concerns but also seeks to redefine the role of cryptocurrency within society.

Timeline of Manna, $MANNA

The history of Manna is woven with pivotal milestones that trace its journey from inception to its current standing. Below is a concise timeline highlighting some key events:

• 2015: Manna was first introduced under its initial name, “Grantcoin,” with the vision aimed at providing blockchain-based financial solutions.

• 2015: Following its launch, the project initiated the distribution of its tokens as a means of implementing universal basic income, demonstrating an early commitment to its core mission.

• Ongoing: Today, Manna continues to thrive under the stewardship of the People's Currency Foundation, evolving in response to the changing dynamics of the cryptocurrency landscape while remaining steadfast in its mission to promote economic equality.

Key Features of Manna, $MANNA

Several distinctive features underscore Manna's utility and social relevance, making it a noteworthy addition to the cryptocurrency initiatives focused on enhancing human welfare. The following elements highlight the core attributes of Manna:

1. Universal Basic Income

At the heart of Manna’s mission is the audacious goal of providing a UBI subsidy plan across the globe. This commitment aligns with contemporary discussions around economic inequalities and expands the traditional function of cryptocurrency.

2. Blockchain Technology

Utilizing blockchain technology, Manna capitalizes on the secure, transparent, and decentralized nature of cryptocurrency, enhancing trust among participants and ensuring accountability.

3. International Network

Manna fosters an inclusive network comprising businesses, financial institutions, NGOs, governments, and communities, gathering diverse stakeholders to collaborate on increasing economic opportunities for individuals across various regions.

4. Accessibility and Ease of Use

A user-centric focus underlies Manna's design philosophy, ensuring that individuals can easily access their digital tokens. The setup of Mannabase allows participants flexible control over their financial assets.

5. Sustainability through Charitable Contributions

The project not only facilitates token distribution but actively encourages charitable contributions, reinforcing the ethical dimensions of cryptocurrency as a means of providing social support.

Conclusion

Manna, symbolized as $MANNA, represents a pioneering effort within the cryptocurrency realm to implement a universal basic income system. By leveraging blockchain technology for social good, Manna aims to enhance economic stability and empower communities worldwide.

Through its significant features, including token distribution, rapid transactions, and minimal fees, Manna aspires to democratize access to financial resources, aligning with the broader dialogue surrounding economic equality and social welfare. As the discussion of universal basic income continues to evolve globally, the Manna project stands as an innovative response, blending technology and philanthropy in a bid to make lasting changes in the financial landscapes of millions.