Decentralized Universal Basic Income price is $2.18
The current price of Decentralized Universal Basic Income (DUBI) is $ 2.18.
Decentralized Universal Basic Income (DUBI) is a type of cryptocurrency. This means it's a digital or virtual form of currency that uses cryptography for security. It operates independently of a central bank. As the name suggests, DUBI is geared towards creating a decentralized system to distribute a universal basic income.
The team behind DUBI hasn't been publicly disclosed. Cryptocurrencies can often be created by anonymous or semi-anonymous groups, aiming to keep the operations decentralized.
As a cryptocurrency, DUBI operates on a technology called blockchain. A blockchain is a continuously growing list of records, known as blocks, which are linked and secured using cryptography. Each block typically contains a hash pointer as a link to a previous block, a timestamp and transaction data. By design, blockchains are inherently resistant to modification of the data.
The concept of DUBI allows users to receive a 'basic income' through holding or transacting with the cryptocurrency. The mechanism and economic model for this hasn't been disclosed in detail.
DUBI's selling point is its aim to provide a universal basic income through a decentralized method. This is a unique concept within the cryptocurrency marketplace, and promises an interesting and innovative application of the blockchain technology.
The circulating supply and total supply of DUBI can vary. The circulating supply, which is the approximate amount of DUBI currently available for trading in the public market, is about .
The total supply is the total quantity of DUBI that presently exists, which is indicated as 1.2M.
You can buy DUBI from several cryptocurrency exchanges, but be sure to check the availability is it may vary between different platforms. Always ensure that you're using a trusted exchange. Here are some of the exchanges where you can purchase DUBI: .
As with all cryptocurrencies, it's important to use a secure method to store your DUBI after purchase, such as a hardware wallet or a secure digital wallet. Please remember to do your own research and exercise caution when buying and storing cryptocurrencies.
To keep your DUBI or any other cryptocurrency safe, it's recommended to use specialized cryptocurrency wallets. These digital wallets allow users to store, send, and receive cryptocurrencies securely. There are several types, each with their pros and cons, including hardware wallets, software wallets, and online wallets.
Always make sure to keep your wallet's private keys safe and secure, and remember that security should be your top priority when dealing with cryptocurrencies. Use the two-factor authentication and backup your wallet to further secure your cryptocurrencies.
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