Every person receives the same share: 1,000 AEQ. Nobody can print more. No bank account, no ID needed.
Three rules, the same for every person on earth.
Every person can register exactly once. Only real people: no bots, no duplicates.
Every person receives the same fair share. Apart from that, no money is ever created.
Fees and levies flow back every day, in equal shares, to all people.
Not an idea for a moment, but an answer to where the world is heading. The more it changes, the more it needs money that belongs to people.
Artificial intelligence and automation do more and more of the work. An income that does not depend on a job becomes essential. Aequitas pays every person a basic income every day, funded by the flow of money, not by taxes and not by printing.
In a world full of bots and AI fakes, proof that someone is a real person becomes precious. Aequitas is built on exactly that: one person, one account.
Since the 1990s the largest fortunes have grown about twice as fast as the wealth of the poorer half of humanity. Aequitas has a brake built in: hoarding costs, and everything flows back to everyone.
1.3 billion adults have no account. With Aequitas a smartphone is enough.
Governments and central banks can create money whenever they decide to. The rules of Aequitas are open, the same for everyone, and nobody can print more.
Money should flow to where people live and work, not pile up. Circulation keeps local businesses and communities alive.
Aequitas turns the rules around. Money is created only because a person exists, and it is shared out equally.
Aequitas is for every person on earth, whatever their country, income or bank.
Register with a short live face check. No bank account, no paperwork.
In the long run the iris scan is meant to guarantee 1 person = 1 registration, even among billions. It is being worked on; hardware and timing are not decided yet.
No address, no credit rating, no minimum income. Being a person is enough.
The same rules for every person, in every country.
Photos are deleted within seconds. The matching services keep only a 64-byte sketch from which the face cannot be reconstructed, and the chain stores only proof that you are a new person, not who you are.
Every verified person receives a basic income every day and looks for places to spend it. Businesses that accept AEQ win these customers, pay nothing per payment and pass the money on as wages and purchases.
A payment costs the business nothing. Customers spend their first 1,000 AEQ each month without any fee.
Wages paid in AEQ cost nothing. Everyone can exchange up to 3,000 AEQ a month into euros or dollars without a levy.
Money arrives in seconds. No chargebacks, no waiting for settlement.
Typical merchant fees in Europe. At Aequitas the customer adds the 0.1 % fee on top, so the shop receives the full price. Exchanging AEQ into euros costs businesses 2 %, except for what they paid in themselves.
The chain started again from zero with contract V8: every registration carries the person's own signature and passed the face check. Anyone registered before registers again in the app. Validators and verifiers now take one command.
Business accounts with an allowance based on turnover, fee-free monthly amounts for people, and the idle-money levy.
Turnover instead of the age of money: up to one and a half months' turnover stays free. Protection against circles, fake purchases and shell companies.
Two independent matching services check every new person. A second phone no longer gives the same face a second account.
Aequitas runs on its own chain (Chain ID 1926) with a daily basic income for every verified person.
Aequitas was not founded by a bank, a corporation or investors. It was started by a single person with one simple conviction: money should exist because people exist, and every person should have the same share of it.
That is why no money is created for the founder. Like everyone else, the founder receives 1,000 AEQ as a verified person. The source code is open, so anyone can check that the rules are the same for all.
The founder of Aequitas
No. Every fee and every levy goes 100 % to the basic income and returns to all verified people in equal shares.
No. Basic income, vote and the fair share belong only to verified people. Behind every business account stand one to ten verified people who are responsible for it.
For most people nothing, or it gets cheaper: the first 1,000 AEQ you spend each month become free of fees, and the levy on idle money applies only above 5,000 AEQ.
Yes. Wörgl (Austria, 1932) had money that lost 1 % a month; it circulated so fast that the town built roads and bridges with it until the national bank banned it. The Chiemgauer (Bavaria, since 2003) has a circulation levy and hundreds of shops. The WIR Bank (Switzerland, since 1934) runs settlement money between businesses.
Register as a person and receive 1,000 AEQ, or bring your business into the pilot.