Crypto UBI General 2.0

[Anonymous No.17996024]

It is 2025 March and Andrew Yang became the president of US. An ambitious global community of around 12 million Millennial and Gen Z who are also part of Idena proved decisive in electing him the president. Just after inauguration the President signed a bill legalizing DNA UBI for all American citizens which is being followed suit by the other nations as I speak. A UN General Assembly meeting has been called upon to discuss and vote on the matter and it is fairly expected that it would pass by a unanimous majority. Meanwhile following the developments the DNA price has just crossed $500 equaling 0.002 DNA to 1 USD. The price is free float and has been consistently rising gradually since 2020.

AI and machines have taken over most of human routine jobs and they are the ones which have made the Idena Flips provably impossible to successfully solve at a human-level by non-humans.

And while all this happened, Bitcoin has also become a de-facto store of value for the world soon expected to become a de jure instrument.

Ethereum is still trying to be a leader in the Defi vehicals while competing with a range of tough competition in the space.

There is a global free float and a liquid exchange between store of value, UBI and multiple Defi instruments against each other and a multitude of other remaining national currencies. The markets for digital instruments have become somewhat stabilized and have enough liquidity to manage any magnitude of trades.

Geopolitical matters for some other time!

Let's see what 2030 brings for us all.

[Anonymous No.17996051]

okay I'll bite
what does dna have to do with any of that?

[Anonymous No.17996157]

>validating humanity one porn flip at a time
>>17996051
Crypto UBI, first movers' advantage, former ETH devs. All of the puzzle pieces align, this is the perfect moment in history for this in light of trumpbux and literal economic collapse with millions of jobs lost

[Anonymous No.17996251]

>>17996157
what does solving captchas have to do with ubi?

[Anonymous No.17996320]

>>17996251
Relatively even payout distribution across all nodes (PoW and PoS are earned through wealth or electricity), entirely new blockchain consensus method. The captcha is just AI resistant and ensures human identity.

[Anonymous No.17996348]

>>17996251
The term cryptoUBI is the abbreviation of “cryptocurrency” and “Universal Basic Income”.
In general, it can be said that a cryptocurrency is a CryptoUBI if most, if not all, of the newly minted coins are handed directly to the users, regardless of how much hashing power they produce (proof of work) or what proportion of coins they own (proof of stake).
Instead, cryptoUBIs use a different approach called “proof of person”, and although there are numerous projects with interesting approaches, it hasn’t yet gained much momentum.

[Anonymous No.17996361]

>>17996348
Until IDENA

[Anonymous No.17996397]

>>17996024
AHHHHH HALLUCINATIONS EVERYWHERE ON BIZ. KEEP DREAMING RETARDS HAHAHAHAHAHHAHA

[Anonymous No.17997529]

>>17996397

[Anonymous No.17998381]

>>17996024
Alright so I downloaded the app do I just wait for the next validation date and then mine?

[Anonymous No.17998480]

>>17998381
You need an invite code sirs

[Anonymous No.17998483]

>>17996397
This dude probably couldnt get an invite kek
>>17998381
Yeah just wait. Also dont ever read the introduction or FAQ on official website, it’s cluttered and unreadable and will definitely not give you all the info you ever need about the project in 10 minutes of reading

[Anonymous No.17998623]

>>17996024
I just put ALL of my money in Unification (UND) ... lesse if I end up in the poor house, or beat you all.

[Anonymous No.17998631]

it's 2022 and everyone is only using zano cause muh financial privacy

[Anonymous No.17998674]

>>17996024
Bump

[Anonymous No.17998770]

>>17998381
No theres more to it. Once your node is synchronized, you will not an invitation code. Once you have the invitation code you are ready to do the validation. After validation you are set and can start earning.

[Anonymous No.17999435]

>>17996024
Sorry what does DNA and UBI stand for?

[Anonymous No.17999540]

It's still early frens

[Anonymous No.17999545]

>>17999435
DNA is the project called Idena that will make UBI (universal basic income) on the blockchain possible.

[Anonymous No.17999552]

>>17996024
op gimme an invite

[Anonymous No.17999656]

>>17999552
Go to the telegram for invites. There’s a special group.

[Anonymous No.17999777]

>>17996024
Whats all the hype about UBI? Why is this big?

[Anonymous No.17999839]

>>17996024
I doubt Andrew Yang will be elected. Either way he could he a good president, better than the ones now.

[Anonymous No.17999840]

>>17996024
I doubt Andrew Yang will be elected. Either way he could he a good president, better than the ones now.

[Anonymous No.17999942]

>>17999840
Yes hes def better than all pleb presidents now

[Anonymous No.18000009]

IDENA 100$ EOY

[Anonymous No.18000139]

>>17998483
Sir. I came here to make money mining imaginary coins not to read.

[Anonymous No.18000195]

>>17996024
Can anyone give me a quick shilldown on DNA

[Anonymous No.18000498]

>>18000195
So Idena is a built from scratch, a totally new blockchain model (not another fork of some other blockchain). It proposes a model in which the nodes have to validate themselves that they are human by solving flips (puzzles) one time each week (this will be gradually extended to each month over time). The puzzles are like captcha’s, machines can’t solve them. So this way the blockchain makes sure only a human can run a node. Once a person has validated himself and has become a node, they can start participating in the network. Every person can run only one node, since the validation proces is at a set date each week and it has to be done within like 5 mins, making it impossible to do two or more at a time per person. So every person has one node and thus also one vote in the system, giving everyone equal power in governance. Once setup a node you are then incentivized by rewards in DNA (Idena’s token) to:
1. Create new puzzles
2. Validate yourself each week
3. Invite new people (only verified people can invite. Verified = 3x done validation)
4. Mining
So this is basically how the infrastructure works. These things are making this infrastructure, cause every person can run only one node, the most decentralized blockchain there is. Proof of Work and Proof of Stake etc. are run by a few people who own the majority of the nodes, making it not decentralized at all. Now you asking: what is the point of all this? Well basically this whole space (crypto) started with an idea to make a decentralized system, a more fair system for the world. And since Proof of Work and Proof of Stake failed this purpose, Idena has stepped in to solve actually the most important issue which decentralized systems (crypto) face today: making a cryptocurrency thats actually decentralized.

[Anonymous No.18000623]

>>18000498
Where do is start if i want to run a node?

[Anonymous No.18000629]

gibsmedat
>>17999999

[Anonymous No.18000659]

>>17996157
>former ETH devs
There's no proof, only rumors. Don't mislead people.

[Anonymous No.18000670]

i've acoomulated 50k, what's the make it stack??

[Anonymous No.18000693]

>>18000498
what’s the benefit of running a node if i had no intention of mining? i could just buy their tokens on qtrade. what am i missing?

[Anonymous No.18000718]

>>17999839
>>17999840

[Anonymous No.18000726]

>>18000693
You can help grow the network. Invite more anons. Submit quality flips. You can turn off the mining function if you want. I guess right now there is no true incentive if you don't care about improving Idena's network. Apart from hoping price will go up

[Anonymous No.18000729]

>>18000670
I think the consensus is 10k to make it so you got yourself a nice generational wealth stack, congrats anon

[Anonymous No.18000740]

>>18000726
thank you for that. are there any legitimate price predictions as to where this thing might go or not go? not talking about idiotic shill numbers. merely trying to figure out whether it might be a better investment over other coins i’m currently invested in.

[Anonymous No.18000745]

>>17996024
Is there some information on circulating/total supply btw.? Will the mining of ~45000 dna per day stop eventually?

[Anonymous No.18000757]

>>18000740
Currently it has a 2.2M marketcap, that's really the only solid information there is, all predictions are speculation.

[Anonymous No.18000833]

any other anons have a btc or 2 to help get us DNA/BTC over 3000sat resistance?
been setting 10k dna buy walls to accoomulate, but some little faggit keeps sniping all the market sells by setting smaller walls at 1 sat more so i'm ready to rageblast market buy over 3k sats if it prices the faggit out.

looks like we'll need 2-3 btc to eat up the books to 3k sat, i'd be willing to put up a btc or 2
pls respond

[Anonymous No.18000856]

>>18000833
pls no pamperino, this is a legit project, just let it grow organically

[Anonymous No.18000912]

>>18000740
I'm hoping at least top 100 - 150 if we ever bull again. See december 2017 for market caps

[Anonymous No.18000924]

>>18000912
And yes this is just me dreaming

[Anonymous No.18000994]

>>18000833
just accumulate slowly, it's still extremely early, don't pump it so that crypto twitter and plebbit fags start rushing in.

[Anonymous No.18001007]

>>18000856
a little fertilizer never hurts

[Anonymous No.18001105]

>>18000912
Not to get overhyped but if we get 1-2 use cases for this network/token there will be no reason not to be at least top50, this is basically a completely new type of consensus, next level decentralization and the best part is anyone can participate and get some tokens without spending any money
It may get big or it may dump and die at some point but since we are so early it’s basically a free golden ticket as I see it

[Anonymous No.18001134]

>>18000994
>>18000856
how would anyone know if it pumps though? You'd already have to be watching it on qtrade or discord right?

[Anonymous No.18001152]

>>18001134
You can set an alert on blockfolio or similar platforms.

[Anonymous No.18001167]

>>18001152
my point though is just that Idena is so under the radar, you'd have to already be watching it to know if it pumped. It's not on CMC or anything

[Anonymous No.18001184]

>>18001134
excellent perspective, anon.
they're the same faggots who sperged out to keep LINK "under the radar" a.k.a. "keep early adopters poor" a.k.a. "not pricing out the same normies they bitch about being able to buy at these cheap prices when they find out"

this crabs in a bucket mentality as they wait for their next paycheck is a counter-intuitive coping mechanism.

[Anonymous No.18001593]

>>18001105
Exactly the network is growing exponentially and it will stay this way. Also the community is growing. Once this project gains traction and the right people have accumulated it will be unstoppable with the fundamentals it has. Also mentioning they weren’t even supposed to get listed until Q3.

[Anonymous No.18001627]

>>17996024
I’ve talked with some cypherpunks and they are all really excited about Qtrade. And the project they like most is definitely Idena.

[Anonymous No.18001659]

>>17996024
how do i get invited?

[Anonymous No.18001770]

>>18000833
Pls wait on a fren sir i am still accumulating

[Anonymous No.18001772]

>>17996024
I could 100% believe that Crypto is going to take off after this simply because it'll prevent governments from just "printing more" to take care of disasters.
If there's ever a time Crypto is going to shine, now is the time.

[Anonymous No.18001778]

>>17996024
>Let's see what 2030 brings for us all.
Anon, I...

[Anonymous No.18002023]

>>18001772
Crypto UBI could be THE solution to banking and financial systems

[Anonymous No.18002040]

>>18001778
Anon why are you showing the poor part of the world in 2030 where the people live without DNA

[Anonymous No.18002290]

>>18002040
So in the future there will still be poor and rich

[Anonymous No.18002355]

>>18002290
There will always be poor and rich because the variance between low and high IQ / intelligence will always be extreme... and its importance will only grow as the world gets more complex.

>the world needs ditch diggers too!

[Anonymous No.18002394]

>>18002355
True. This world will get more and more complex. Intelligent people with more knowledge will have power over the dumb mind controlled plebs.

[Anonymous No.18002449]

>>18002290
no, everyone will be given exactly one (1) unit of FutureMoney per day. Each unit, or its fractional remnant, is to be confiscated simultaneously with subsequent issuance of the following day's stipend of one (1) unit of FutureMoney.

[Anonymous No.18002517]

Separate blockchain not needed

[Anonymous No.18002537]

>>18002517
Feel free to implement Pop on eth/btc blockchain right now and watch the chaos unfold

[Anonymous No.18002640]

>>18000757
False, mcap is around 8M
https://www.livecoinwatch.com/price/Idena-_DNA

[Anonymous No.18002824]

>>18002640
Thats wrong. Its a 2.22m cap. Circulating supply is around 10.9m.
Go here: http://www.rioda.org/idena/

[Anonymous No.18002851]

>>18002640
8m cap is fully diluted cap. Circulating supply is ~ 10.9m, so its around a 2.22m cap currently.

[Anonymous No.18002939]

>>18002824
Ok my bad, you're right that's the correct mcap using circulating supply (verified on discord)

[Anonymous No.18002961]

>>18002939
>Ok my bad
we forgive

[Anonymous No.18003328]

>>18002939

[Anonymous No.18004351]

>>17996024
Delete

[Anonymous No.18004489]

anyone willing to send a fellow fren an invite? i already have the node set up and created a few flips, just need the invitation, you can msg me on discord Chaos Anon#4640 if you can, very interested in this

[Anonymous No.18004674]

>>18004489
Next round i will have incitation codes, if you still don’t have one then, ill send you one.

[Anonymous No.18004867]

>>18002640
Soon 500 mil marketcap

[Anonymous No.18004938]

Let's be realistic here.
- Bitcoin gets credit for becoming a safe haven during the next financial depression.
- Ethereum receives major updates, becomes scalable and the preferred dapp ecosystem
- Algorand, the de-facto platform for enterprise blockchain whilst powering several Central bank digital currencies, first one being Marshal Island.

[Anonymous No.18004980]

Idena will have interchain operability and will he incorporated on top of other blockchains too. This is such a massively undervalued coin it’s ridiculous

[Anonymous No.18005133]

>>18004980
Should be in the top 100 atleast next bull run don’t worry

[Anonymous No.18005392]

why do the devs get 50% of the daily mining supply, and why was there a hidden presale?

[Anonymous No.18006413]

Bump

[Anonymous No.18006618]

>>18004938
Where does chainlink fit in to all this?

[Anonymous No.18007594]

>>18006618
He lost me at Algo, clearly a deluded bagholder that's 70% down, but Chainlink will be top 5 soon so will IDENA. All the future top 5 will be essential to the future ecosystem.

[Anonymous No.18007669]

Bump
>>18005392
I’m not aware of such a thing with mining at all (which I’m sure someone would’ve noticed such a thing on the explorer... where you can view the top 100 addresses and you’d easily see something fishy going on). Not sure about the presale, but I could give a shit regardless. This project is for the long haul and anyone emptying even half of their stack before top 100 is braindead. If you aren’t mining this yet you’re dumb, I think you average 30 or 35 DNA/day which adds up really quickly. For reference I had a few hundred 4 or
5 days after my first validation and I turned on mining right after I became a newbie

[Anonymous No.18008228]

the pitch deck says that they will implement mobile nodes with idena app. no timeline that I could dind was included. anyone have a guess to when the app will drop?

[Anonymous No.18008340]

>>17996024
>It is 2025 March
And people still believe in political economy.

[Anonymous No.18010486]

bump

[Anonymous No.18010672]

i would really appreciate an invitation, lads

[Anonymous No.18012482]

final bump

[Anonymous No.18012697]

I'm trying to get an invite since a few weeks but it's really hard. I even posted my hand with a timestamp in another thread but I didn't get one ._.

[Anonymous No.18012743]

>>18012697
got one in basically one day, go into the discord and actually put in effort lol

[Anonymous No.18012848]

>>18008228
There's a repo far it but little development so far
There's still a lot of work to do on the client and on the protocol itself

[Anonymous No.18013566]

>>18012848
Mobile flips are the future, no need for a remote desktop with your phone if you dont have PC access during validations. Excited for that to come along, even if it takes a year

[Anonymous No.18013687]

>>18013566
Me too.
Apparently they want to make a whole mobile node (it's on the pitch deck pdf)
It could be easily done as you don't get penalties if you set your mining status to off
It would make it very appealing to normies, and to be fair it already is with the user friendly client and super easy remote node installation

[Anonymous No.18013795]

>>18013687
Wonder how they'll handle that if you can run a node on your phone and your phone dies for more than an hour while you're out and don't have a charger. I'd prefer just to keep my PC on and do the flips if I'm not home on my phone, but have my PC as the actual node with the wallet and mining.

[Anonymous No.18014240]

>>18013687
Is the mobile node gonna be on some app store or will you have to go to their github and download it like some nerd?

[Anonymous No.18014458]

>>18014240
If released it will be on app stores for sure.
There are already some "mining" apps like pi and electroneum on both android and iOS, so Idena would definitely be allowed.

[Anonymous No.18014476]

>>18014458
Yeah, if fucking Pi managed to land on the app store, Idena definitely will

[Anonymous No.18014584]

>>18013795
I'm using a vps. Easy to set up and cheap, you don't need to keep your pc on 24/7 if you use it.
Yeah that will be a problem.
That's probably why they specifically mention "mining while charging your phone" to avoid that problem.
Although I think that people wouldn't bother with the invitation and validation if you would be able to mine only when charging your phone because of low rewards. But ultimately this depends on the price of the token and its uses.

[Anonymous No.18014888]

>>18014476
Hwat's difference between this and PI? Is PI even traded anywhere?

[Anonymous No.18016310]

>>18014584
What are some of the potential use cases for this piece of shit?

[Anonymous No.18016856]

>>18016310
Possibilities are endless, but read their pitch deck for some specific examples.

[Anonymous No.18017786]

>>18014584

how much DNA do you generate per month with that?

[Anonymous No.18018092]

>>18017786

Right now if you mine 24/7 then around 25920/987 = around 26 per day * 30 = around 750 DNA per month, Couple this with validation rewards of around 150-250 per epoch * 3 Epoch in a month, you could net around 1200-1500 DNA if all validations go through smoothly. So around 1200 * (Current Price) or 1500* (Current Price) = 1200 * (.15) - 1500 * (.15) so around $180 to $225 UBI per month by just proving yourself Human, contributing to the network by keeping mining on and submitting Flips.

Note: If you would hold your precious DNA, keeping in view the immense potential those very 1200-1500 DNA could be worth thousands in long very long. So ................

[Anonymous No.18018109]

>>18018092
....keeping in view the immense potential those very 1200-1500 DNA could be worth thousands in not very long time.

[Anonymous No.18019179]

>>18018092
Got a good stack on Qtrade. Still haven't mined single DNA :,[

[Anonymous No.18019440]

>>18018092
thanks for the good detailed info!

[Anonymous No.18019676]

>>18002023
It will save the west and eliminate chinkland for good

[Anonymous No.18019947]

>>18018092
>mine 24/7
you forgot to mention the specifics of your mine farm and deduct kilowatts costs from that optimistic $180/month ($6/day).

[Anonymous No.18020264]

>>18019947
5 usd/month vultr node. easy to set up. first 2 months free with referral in dna discord.

[Anonymous No.18020279]

>>17996024
I asked this in another thread who is paying you guys to shill this coin? I'd like to get paid to shill this thank you

[Anonymous No.18020296]

>>18020279
Nice arguments faggot, just hide idena/dna threads if you want.

[Anonymous No.18020309]

>>18020296
??? It's an honest question. How do I get started? I can make some good memes and threads

[Anonymous No.18020335]

>>18020309
sorry anon, here's a transparant idena logo. It has a lot of meme potential imo

[Anonymous No.18021151]

somebody have an invite link?

[Anonymous No.18021158]

>>18004674
Thanks man, is this lemoe or someone else?

[Anonymous No.18021182]

>>18018092
That + invitation rewards that are 900 DNA after 3 epochs for each invitation if I recall correctly
>>18020279
no one is paying me and besides that there's like 1 thread a day. I hold some and mine like other anons.
As I said you can just try to get invited and mine it. Then you can sell immediatly to get around 150-200 bucks a month or hodl to get even more in the future. It's that simple.

[Anonymous No.18021249]

>>18019947
lol this anon still lives in 2005

[Anonymous No.18021278]

>>18020335

[Anonymous No.18021329]

>>17996024
You got to be kidding

I haven't read shit about this shitcoin but I understand that giving free money to people is part of the plan. Imagine thinking that is a reasonable business plan. "buy stock in UBI Ltd. We are going to give free monies to ppl." Fucking kek. KYS

[Anonymous No.18021370]

>>18020335

[Anonymous No.18021390]

>>18020335
such a friendly face

[Anonymous No.18021677]

>>18021158
I'm not sure what lemoe means
>>18021278
>>18021390
Nice

[Anonymous No.18021692]

>>18021329
>haven't read shit
>i understand
Please leave