{"id":17663,"date":"2023-02-15T09:58:02","date_gmt":"2023-02-15T09:58:02","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/income-movement-rightfulshare-says-it-has-launched-first-unconditional-crypto-ubi-in-south-africa-africa-bitcoin-news\/"},"modified":"2023-02-15T09:58:02","modified_gmt":"2023-02-15T09:58:02","slug":"income-movement-rightfulshare-says-it-has-launched-first-unconditional-crypto-ubi-in-south-africa-africa-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/income-movement-rightfulshare-says-it-has-launched-first-unconditional-crypto-ubi-in-south-africa-africa-bitcoin-news\/","title":{"rendered":"Income Movement Rightfulshare Says It Has Launched ‘First Unconditional’ Crypto UBI in South Africa \u2013 Africa Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Rightfulshare, an income equality advocacy movement, recently said it has launched what it describes as the \u201cfirst unconditional\u201d crypto universal basic income (UBI) transfer. According to Karen Jooste, the crypto UBI not only expands the possibilities for unemployed South Africans but also nurtures their entrepreneurial spirit.<\/strong><\/p>\n

Fairer Income Access<\/h2>\n

Rightfulshare, a movement advocating for equality, recently said it had sent its \u201cfirst unconditional\u201d crypto UBI transfer to a local entrepreneur residing in South Africa. According to the movement\u2019s Jan. 31 press release<\/a>, selected beneficiaries will receive the crypto UBI \u201cin Gooddollar<\/a> to use as they choose.\u201d<\/p>\n

Also, in the statement, Rightfulshare touted the launch as a pioneering step that channels \u201cboth resources and Web3 solutions to a small town in the country.\u201d<\/p>\n

Commenting on the launch, which has been described as \u201ca pioneering step for fairer income access,\u201d founder of Rightfulshare Karen Jooste claimed that the launch not only expands the possibilities for unemployed South Africans, but also nurtures the entrepreneurial spirit.<\/p>\n

\u201cWe need a new approach to addressing poverty in South Africa. The current system is not working and we can no longer pretend that there will be enough jobs for everyone. By bringing visibility to the benefits of a digital basic income transfer, we\u2019re expanding the possibilities for South Africans and nourishing the creativity and entrepreneurial spirit present in the country,\u201d Jooste said.<\/p>\n

Meanwhile, in addition to receiving the crypto UBI every month for one year, Rightfulshare said beneficiaries \u201cwill also have access to mentoring and learning opportunities.\u201d Such opportunities will range from business development to Web3 education, the statement added.<\/p>\n

According to the press release, Rightfulshare crypto UBI is currently being replicated in the metaverse to help those from outside South Africa gain a better understanding of the project.<\/p>\n

Register your email here to get a weekly update on African news sent to your inbox:<\/em><\/p>\n

What are your thoughts on this story? Let us know what you think in the comments section below. <\/strong><\/em><\/p>\n

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\nTerence Zimwara <\/h6>\n

\nTerence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<\/div>\n

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