Did Manna Succeed?

in #manna6 years ago

Did MannaBase Succeed?

Let's take a close look of Manna Distribution.
Today, 1 MANNA is Worth $0.00092 each
Every week, I do receive FREE 22 MANNA and that is worth $0.02
But then,

Looking at Transaction above
Manna is spending $0.35 fees for 1000 Address at 1 block,
Most of this number being sent is around 4 to 6 MANNA

Now, the question remain, Does Manna Succeed in terms of Distributing Universal Income?

I think they fail!
What can a $0.02 every week can do?

The vision of Mannabase is to empower the people of the world by making cryptocurrency accessible and available to everyone, and to provide a tool for effective altruism to reduce poverty and inequality.

Indeed it is for poverty who will get $0.02 weekly.
Giving and giving will fail if the receiver had nothing to do with it but sell!
What is the use case?
making Manna as a currency for the poor!
How was that done ignoring the internet connection fee, and what is the interesting part of receiving free $0.02 weekly?

If you want to join and wanted to receive free $0.001 to $0.02 weekly. Join MANNBASE

What is your Manna Experience? Are you satisfied or find it worthy?

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If they are managing to deliver 0.02c on the with a blockchain they are already sucessfull and on track.
If it's decentralized anyone can use it or fund it. It just takes time to reach people.
Thanks for sharing your experience.

decentralized? I don't think it is, Fund are keep coming from the Developer and distributed to the member and no use but sell, and the result is drastic down of value. from 300 sats before, now at 14 sats, People who receive it do not used it but sold it

Yeah they did the crypto and the idea is there but if they aren't delivering through the blockchain it's definitely not a sucess yet...
Steem Basic Income is a bit ahead i would say, some automation still missing but it's great, check it out for those that don't know it @steembasicincome

how upvote for 1 Steem sponsoring to steemians?
How many upvote in a week?

I don't quite understand your question, but the shares are lifetime, you get an upvote on every posts that you do.

It isn't worth to especulate how much value you will get because it's dynamic, if you post more, you get less, but with time it always grows... you get an upvote on every share according to the number of shares you have (1 share = 1 steem) and in relation with the price of btc and steem.

You got a 7.29% upvote from @emperorofnaps courtesy of @albertvhons!

Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!

I have never joined the program, you can make more on the Steem blockchain!

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