Group Income App

okTurtles Forums Group Income Group Income App

This topic contains 3 replies, has 2 voices, and was last updated by  greg 2 years, 12 months ago.

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  • #711

    I don't have too much knowledge in app development but here is an idea. What if we design an app where we can have people complete surveys or any other means of rewarding money but add it to a total pot and it would be divided evenly at the end of the week, month or whatever time-frame. Tasks completed can reward points instead or specific perks within the app.

    #906

    greg
    Keymaster

    Well, that is one type of app that's possible, but it would be different from Group Income (GI). GI is a specific algorithm that does two primary things:

    1. It tries to ensure a minimum amount for everyone.
    2. In assuring a minimum amount, it does its best to maximize fairness.

    The idea of pooling together money and dividing it evenly is different. There is no notion in that of “ensuring a minimum amount”, and the amount that gets distributed to people can go well over that minimum amount, so contributors can end up feeling unfairly taken advantage of.

    We met up at the SF Basic Income meetup yesterday and decided that we're going to write up a very simple version of GI that people can run manually, and then we'll find some groups that are willing to try it for a few months to see how it goes. We can use the feedback from these groups to perfect the algorithm.

    If that's something you'd be interested in helping out with, let me know! 🙂

    #907

    I'd be interested in helping out with whatever I can.

    #908

    greg
    Keymaster

    Great! Please see this thread and get in touch.

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