As mentioned above, the Telegram is very active and is a great place to learn more and keep up to speed with the project. Highly recommend checking it out!

Most of the team are active on here if people have questions regarding either the ICO or the underlying project itself.

Max is ~$35M USD.

Definitely of the most exciting token launches of Q4.

ICO is now live (contract address on our website).

Just a quick update. Crowdfunding details including contract address for the ICO are now live on our website http://www.customizablebasicincome.com!

The ICO officially starts September 29 @ 00:00:00 UTC.

I don't see basic income for all citizens as being a realistic short to medium term goal for the platform.

We're focused on smaller use cases like:
- Promoting development of an open-source software project that is helpful to your company by funding a contract that pays the developers
- Creating monetary incentives for local residents to protect a significant natural ecosystem
- Funding short-term relief efforts in specific regions

Unless you want to fund Universal Basic Income for all citizens that is In which case, we'll pivot towards helping you do that.

Thanks for the kind words. No promises on saving lives but we're really excited about the project!

Bitcoin Community,

We are so excited to announce the ICO for a project we've been working on and are looking forward to any feedback you might have.

Primary Info
Website: http://www.customizablebasicincome.com
ICO Details:http://www.customizablebasicincome.com
Twitter: https://twitter.com/cbiproject
Explainer Video: https://youtu.be/ai3VgSKInEA
Whitepaper: http://www.customizablebasicincome.com/CBI%20Whitepaper%20(Final).pdf
Bounty Thread: Here

Quick Overview

Today, social initiatives are highly inefficient to run. It is often the case that a minority of funds used to implement a welfare or relief campaign actually end up serving the intended recipients. In addition to being inefficient, this can create a host of value alignment problems. CBI aims to solve this issue by replacing the bureaucracy associated with these structures with a programmatic, trustless interface.

While campaigns running on CBI serve a wide variety of purposes and be of highly variable scale; they will always follow the same general pattern. Originators will instantiate a new campaign, provide funding to it, set the parameters for recipients to receive money (i.e. If a person can be verified to be in X location and have Y attributes, they should receive Y amount of compensation). This state data will be stored in smart contracts such that when it is confirmed by verifiers (either manually or through computation); funds are automatically released to the intended recipients.

In the future, we can see this being used to implement something as broad-scaled as Universal Basic Income (which inspired our name), but this is generally not our initial focus. The real strength of CBI is in enabling campaigns where the originator is attempting to do one of two things:

1. Target a very specific group of people, for example:
-­‐‑ Those impacted by an evacuation order due to calamity
-­‐‑ People of a certain age bracket in a given neighborhood
-­‐‑ Members of an organization

2. Have the funds in their campaign act as an incentive to motivate some desirable behavior:
-­‐‑ Paying citizens to reduce power usage during critical times to avoid brownouts
-­‐‑ Rewarding achievements, such as in the case of scholarships which under the current system go
largely unused
-­‐‑ Incentivizing the protection of environmentally sensitive areas by adding a cash value to their
preservation

These examples are by no means exhaustive, and the types of initiatives that can be implemented are bounded only by the vision of our users. As the platform matures, the types of conditions that can be applied will continuously evolve.

Crowdfunding Overview

The Customizable Basic Income (“CBI”) token is a fundamental building block of our ecosystem. Use of the platform will require payment in CBI to execute campaigns and verifiers will receive payment in CBI for their contributions to the ecosystem. CBI will only be created during the crowdfunding period, no other tokens will be created or mined at any point in the future.

The CBI Token is built on Ethereum to commonly accepted standards. It is compatible with commonly used wallet software such as the official Ethereum Wallet.
-­‐‑ Maximum number of tokens created during the crowdfunding period:
o Total: 20,000,000 (100%)
o Crowdfunding: 16,000,000 (80%) o CBI Team: 3,500,000 (17.5%)
o CBI Bounty Program (2.5%)
-­‐‑ Sending 1 ETH to crowdfunding address will create 1,000 CBI
-­‐‑ No other token creation or mining will occur at any time after the crowdfunding period
-­‐‑ Tokens are transferable after crowdfunding.

Crowdfunding Address can be found on our website.

Thanks so much and look forward to any and all feedback or questions!

James Connolly, Founder
Customizable Basic Income (CBI)

Thanks! Really appreciate the support.

Thanks for joining! We have received your signup and really appreciate the support 

Thanks for joining! We'll be making the spreadsheet available in the near future. Also working on an announcement thread to help keep people informed with regards to the project in general.

Our total funding cap is a lot lower than many of the ICO's out there, so you are correct that the bounty is proportionate to that. The total cap for our project is 20,000,000 tokens (20,000 ETH). The total value of the bounty program is 2.5% of the raise, so it's capped at 500,000 CBI (500 ETH). There is still plenty of opportunity to earn significant rewards by participating in the program.

Let me know if you have any questions about the project.

Thanks for joining! Great to have you on board.

Will add a link to the spreadsheet shortly - Thanks for joining!

In terms of distribution - the token will be distributed proportionately in accordance with the post on Medium. If you would like a more in depth explanation, I'm happy to set up a Skype call or describe the program in more detail here.

Transparency is absolutely paramount for me, so if at any point you feel like we could be doing a better job of explaining the methodology, please continue to ask questions.

Thanks again,

James

Thanks for joining - I've now added the ETH wallet to the form, but you can also DM me on here or on Twitter if that's more useful.

The post has now been updated to more clearly describe how the Twitter bounty tokens are allocated. Thanks again.

Thanks for the feedback. I'll update the post clarifying how the token distribution will be allocated. Great to have you on board 

CBI has launched the official bounty program for our ICO which will begin on September 29, 2017.

Maximum number of tokens available through the bounty program is 500,000 tokens (500 ETH at ICO price).

Details can be found here: https://medium.com/@cbiproject/customizable-basic-income-cbi-ico-bounty-program-bbd505e1a007

Official Website
Whitepaper