New decentralized financial ecosystem takes aim at eliminating global poverty with its Universal Basic Income powered by "Crypto for the 100%.
Anatha is dedicated to helping eliminate global poverty by creating an ecosystem and economic model that returns the value generated on the network directly back to participants. Rather than the company extracting the value that people create using the application, that value automatically flows directly to the very people who created it through its hard-coded mechanism, the Anatha Torus.
This includes 25% of the inflation model as newly minted tokens are continuously distributed directly to end users. The goal is to create a regenerative, bottom-up universal basic income (UBI) that can elevate all participants above the global poverty line.
By registering for a crypto handle (@name), commonly known as a HRA (Human Readable Address), people send and receive all the tokens Anatha supports with a simple, easy to remember address with $ANATHA. This HRA (@name) allows customers to be a part of the Anatha ecosystem and participate in the Anatha Torus, an innovative economic model that returns the value generated on the network directly back to participants.
"Cryptocurrency is not just an asset; it is a radical technology that can and will fundamentally change the world—and, in fact, already is," Edward DeLeon, founder and CEO of Anatha. "After all, money and economic systems are the protocol layer of any society allowing for the distribution and expression of value, division and diversification of labor, as well as the management of wealth. We are aiming high, leveraging tech to eliminate global poverty."
This Anatha ecosystem features a new approach to sending and receiving tokens meant to make crypto more accessible—a human readable address system (aka an HRA). While many in the industry are offering name registries to make unwieldy crypto addresses easy to remember, Anatha has created a simple, accessible, and interoperable protocol. People can register their HRA which looks like a handle on any social media — @name, with no extensions. A one year HRA subscription costs one ANATHA which, at the time of launch, will be approximately $.35 (the price shifts as it is pegged to the Euro).
By registering an HRA, people automatically participate in the Anatha Torus, earning more ANATHA tokens daily. As of today—the mainnet went live on October 1, 2020 with the most successful ILO in decentralized exchange history—everyone in the Anatha Torus earns around $6.10 a day. That means, right now, everyone in the Anatha Network is living above the poverty line. Going forward, Anatha will add new modules and features—including a decentralized exchange (DEX) and social features—that will generate more value on the network.
"Providing access and accessibility are the central tenets that Anatha was built upon. Asia's large unbanked population coupled with massive demand for $ANATHA made it clear that southeast Asia had to be our number one region for expansion. Singapore-based BHEX was a natural choice when it came to listing the $ANATHA token and we look forward to our continued expansion globally."
Access to Asian Market with BHEX
Anatha has announced that its digital rewards utility token will be listed on digital asset trading platform BHEX. This token listing is just one of the elements that make up the ethos-driven decentralized ecosystem, crypto currency, and end-to-end blockchain solutions provider. Asia has some of the largest unbanked populations in the world. Listing $ANATHA on Singapore-based BHEX marks another step forward in Anatha's mission to provide crypto that puts human needs first and feeds value directly to its network participants. This is the first partnership of many planned in the coming months, as the project intends to target the region in its future expansion.
"Providing access and accessibility are the central tenets that Anatha was built upon. Asia's large unbanked population coupled with massive demand for $ANATHA made it clear that southeast Asia had to be our number one region for expansion," said Edward DeLeon Hickman, founder of Anatha.
"Singapore-based BHEX was a natural choice when it came to listing the $ANATHA token and we look forward to our continued expansion globally."
Anatha is an ethos-driven technology company founded by former Apple, Adobe, Visa, and JP Morgan talent and dedicated to building 'Crypto for the 100%'. Anatha builds decentralized economic systems and tools that put human needs first by helping people and organizations deploy their own decentralized economies to meet the needs of their communities. Value generated on the Anatha network, including 50% of the inflation model, is returned regularly to the community through a hard-coded global rewards program, thereby creating a regenerative, bottom-up universal basic income (UBI) for all participants.
For more details: www.anatha.io