Windfall Trust

What are you trying to do?Set up an internationally robust legal set of entities to implement global UBS and be the target of a WC.How is it done today? What are the limitations of the current system?We need to learn more about the following entities:Swiss Association (agility and ease of prototyping)Guernsey Trust StructureGibraltar Company by guarantee lease share capitalIslamic Perpetual Trust WAQFSingapore company limited by guaranteeWhat is new in your approach and why do you think it will be successful?Success will depend on future Proofing some of these legal design challenges for a world that is hard to predict.If successful, what difference will it make?If successful, it could help all humanity build resilience for the economic effects of automation, job loss and growing inequality. Even if Windfall is never triggered, this provides a infrastructure for global Universal Basic Income.Cost and Timeline?Without seeding the Windfall Trust with funding, around 100k assuming pro bono work.An initial prototype can be set up in a year, but something more sophisticated would take >5 years.What are the mid-term and final exams to check for completeness?The initial milestones involve completing the paper and setting up a legal entity that can prototype some of these concepts and allow philanthropic donations to be directed through partners working on distribution.