HUMA Coin Whitepaper

Executive Summary

HUMA Coin is a decentralized cryptocurrency designed to provide Universal Basic Income (UBI) to its holders, fostering global economic stability and fairness. Leveraging blockchain technology, HUMA Coin aims to create a sustainable financial ecosystem where holding and participating in the network brings tangible benefits. This whitepaper outlines the vision, mechanics, and implementation details of HUMA Coin.

Introduction

Vision

HUMA Coin aspires to be the cornerstone of a new financial paradigm, addressing the economic challenges posed by automation and AI advancements. Our mission is to provide a reliable source of income through UBI, promoting economic stability and inclusivity.

Goals

  • Economic Stability: Mitigate the economic impact of job displacement due to AI and automation.
  • Incentivize Holding: Encourage users to hold HUMA Coins to receive regular UBI.
  • Global Adoption: Achieve 10 million users globally to ensure widespread impact and stability.

Tokenomics

Total Supply

HUMA Coin will have a fixed supply of 500 trillion (500T) coins to create scarcity and drive value.

Distribution

  • Initial Distribution: 250T coins will be distributed among the founders and strategic partners.
  • Circulating Supply: The remaining 250T coins will be available for public distribution.

UBI System

Eligibility

To qualify for UBI, users must hold a minimum of 1,000,000 HUMA Coins.

Distribution Mechanism

Daily snapshots of wallet holdings will determine UBI eligibility. UBI will be distributed at 9 PM GMT daily.

Economic Model

Incentive Structure

  • Holding Rewards: Regular UBI for holding a minimum amount of HUMA.
  • Referral Program: Earn 500,000 HUMA for each successful referral.

Transaction Fees

  • Buyer Fee: 0.5%
  • Seller Fee: 5%

This fee structure discourages selling and encourages long-term holding, fostering stability.

Liquidity Providers

Role

Liquidity providers ensure sufficient liquidity on exchanges, enabling smooth transactions and stable prices.

Incentive Programs

  • Higher UBI Rewards: Additional UBI for liquidity providers.
  • Liquidity Mining: Earn extra HUMA by providing liquidity.

Implementation

  • Partnerships: Collaborate with exchanges and DeFi platforms.
  • Marketing Campaigns: Target potential liquidity providers.

Governance and Security

Decentralized Governance

HUMA Coin operates on a decentralized governance model where the community participates in decision-making.

Security Measures

  • Smart Contracts: Automated and secure distribution of UBI and transaction fees.
  • Regular Audits: Third-party audits to ensure security and transparency.

Roadmap

Stage 1: Initial Launch

  • Website and platform development.
  • Initial distribution of 250T coins.

Stage 2: UBI System Launch

  • Implement and test the UBI distribution mechanism.
  • Start daily UBI payouts.

Stage 3: Global Expansion

  • Marketing and outreach to achieve 10 million users.
  • Partnerships with exchanges and platforms.

Stage 4: Continuous Improvement

  • Regular updates based on community feedback.
  • Enhance security and scalability.

Key Features

1. Universal Basic Income (UBI)

  • Daily Benefits: Provide a daily income to cover basic needs, reducing poverty and inequality.
  • Strategic Distribution: Use AI to ensure fair and equitable distribution, focusing on areas with the highest need.

2. Global Connectivity and Collaboration

  • Community Projects: Fund and support community-driven projects globally focusing on education, healthcare, and sustainable development.
  • Crowdsourcing Solutions: Encourage the global community to propose and vote on solutions for pressing issues, rewarding innovative ideas.

3. Environmental Impact

  • Green Initiatives: Support projects that focus on environmental conservation and renewable energy.
  • Carbon Credits: Allow users to earn and trade carbon credits, promoting eco-friendly practices.

4. Education and Empowerment

  • Learning Rewards: Offer incentives for individuals to take online courses and improve their skills.
  • Global Scholarships: Fund scholarships for underprivileged students around the world.

5. Healthcare Access

  • Medical Aid: Partner with healthcare providers to subsidize medical treatments and medications.
  • Health Tokens: Reward individuals for maintaining a healthy lifestyle and participating in wellness programs.

Conclusion

HUMA Coin represents a revolutionary approach to addressing economic challenges in the digital age. By providing UBI through a decentralized, transparent system, HUMA Coin aims to create a stable, inclusive financial ecosystem that benefits all its participants.

Disclaimer

By purchasing HUMA Coin, you agree that you are not purchasing a security or investment contract and you agree to hold the team harmless and not liable for any losses or taxes you may incur. Although HUMA is a community-driven DeFi ecosystem and not a registered digital currency, always ensure that you are in compliance with local laws and regulations before making any purchase.