Whitepaper
Abstract
Income Layer is a decentralized economic 'infrastructure' focused on delivering Universal Basic Income (UBI) through a self-sustaining, node-driven ecosystem.
Powered by blockchain, it tackles traditional financial challenges such as debt, inflation, inequality, and the impact of AI-driven unemployment. Using a proprietary economic model and algorithm, Economic Harmony (EH), it balances ecosystem instruments in real-time using taxation, deflationary tokenomics, liquidity, dynamic node quotas, and smart queueing as key variables for economic sustainability. As a result the Income Layer system maintains NODE-wide input-to-output ratios, enabling UBI distribution to all node operators proportionate to ongoing growth.
This whitepaper explores the technical architecture of Income Layer, emphasizing the role of INCOME Nodes, the mechanics of the $INCOME token, as well as the Economic Harmony (EH) algorithm. It further highlights accessibility features, scalability, and how the system is designed to foster broad participation.
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