[MetaPay] A Circulating Basic Income Model with Digital Currency

Hyperion HyperHack Live Apps
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:rocket: Expanding MetaPay with Alith AI Integration

MetaPay is originally designed with a 50% MetaPay + 50% fiat payment structure.
However, by integrating the Alith AI Agent Framework, this ratio can be dynamically adjusted based on consumption categories and user behavior.

Alith combines decentralized AI decision-making with ZK-ID authentication to analyze consumer data and transaction types, enabling:

  • Reduced MetaPay ratio for luxury or non-essential spending
  • Maintained 50% ratio for essential goods
  • Policy-based limitations on corporate overuse or repetitive high spending patterns

This enables MetaPay to evolve beyond a simple circular system into a data-driven, intelligent basic income infrastructure.

Even during pilot-stage deployments, the Alith integration is feasible as a working prototype — with privacy preserved via zero-knowledge cryptography.

— metapay_gyuha

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Saw you in the latest vibe session, excited to see how this could play out as solution for basic income!

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MetaPay is not just a simulation.
It’s a practical experiment — and a real, workable structure for a freer and more equitable world.

Thank you so much for noticing it in the recent Vibe session.

Imagine receiving $500 every month — not just you, but also your children and your parents.
Even if you’re financially stable today, basic income acts as a safety net when unexpected hardship comes your way.

I believe that money is time, and time is freedom.
That’s why I see basic income as a way of giving people the freedom to live with dignity and choice.

Many previous basic income models failed because they couldn’t solve the funding problem.
But MetaPay is different.
It uses a self-sustaining digital circulation system — distributing and partially recollecting income each month — without needing any additional taxes.

I’m not a professional developer.
But I couldn’t let go of this idea, and I joined this hackathon to prove that it can actually work.
And now it does: the simulation successfully distributes $500 to 10 wallets every month, and recollects 10% to fund the next cycle — all automated.

We’re currently finalizing deployment on Vercel.
Once we resolve a small technical issue, I’ll share the live demo link soon.

Thank you again for your support.
Basic income is no longer just a dream — it’s within reach.

I believe this project can become a small turning point for the world.
Because freedom should be the default — for everyone.

– Kyuha (metapay_gyuha)

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:tada: Experience Basic Income in Action – MetaPay Simulation is Live!

After resolving technical issues, the MetaPay Circulating Basic Income System is now fully operational and open for public testing.

:backhand_index_pointing_down: Try the simulation now:
:backhand_index_pointing_right: https://metapay-test2.vercel.app/

:light_bulb: What You Can Do

  • Distribute: Send $500 from the national wallet to each of 10 user wallets.
  • Collect: Automatically retrieve 10% from each wallet back to the national wallet.
  • Reset: Reset the system to its initial state with $50,000 in the national wallet.

:fox: All you need is MetaMask – no testnet ETH required.
Just connect your wallet and click buttons. Everything updates in real-time.

:rocket: Why This Model is Different

MetaPay is not just a distribution app – it’s a fully self-sustaining basic income loop.

:white_check_mark: 10 rounds of distribution → 1 round of collection → repeat forever

  • No new taxes are needed after the initial funding.
  • Collected tokens become the next month’s basic income.
  • This solves the biggest reason most basic income models fail: lack of sustainable funding.

:pushpin: Important Note
If you only test 1 distribution and 1 collection, it may look simple.
But the true innovation lies in the 10-to-1 cycle:
Distribute 10 times → Collect once → Repeat.

That’s the secret to making infinite basic income from a single investment.

:speech_balloon: This is a simulation – but the logic is real.
Initial funding (e.g. from bonds or reserves) can be repaid through increased tax revenue from economic activity.
After that, the loop sustains itself – no additional money is required.

:sparkles: Let’s prove that a system like this is possible.
Your test, your feedback, and your thoughts are welcome!

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@CrisMetis Thank you so much for your kind comment!
I truly appreciate your interest in my presentation during the Vibe session :folded_hands:

I’m really glad you found it interesting.
Especially the parts you mentioned — Soulbound NFTs and dual AI-based governance — are actually directions I’ve been considering for the next phase of MetaPay.

If you have any further thoughts or feedback, I’d love to hear them anytime!

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:puzzle_piece: MetaPay – Circulating Basic Income System (DApp + Theory + Simulation)

Here are the key resources for MetaPay:

:one: Basic Income Concept (YouTube)
:television: https://youtu.be/e4lH_uGN-ck

:two: Vibe Session Demo Submission
:movie_camera: https://youtu.be/zHxQI9oil-0

:three: Testnet Simulation (Distribute / Collect working)
:test_tube: https://metapay-test2.vercel.app/

:four: X (Twitter) Post with Summary
:bird: https://x.com/metapay_creator/status/1940565138945569111

:camera_with_flash: All QR Codes (with labels)
You can also access all the above via this single image:

metapay_qr_collage
metapay_qr_collage740×860 7.17 KB

:repeat_button: Core Idea
MetaPay is a fully self-sustaining, smart-contract-based basic income model that distributes fixed monthly income and automatically recollects part of unused balances—without requiring additional taxes after the initial funding.

Let me know if you’d like to dive deeper!
#MetaPay #BasicIncome #Web3 #Solidity #HyperHack
:pushpin: Quick Access Links:

:one: GitHub: https://github.com/metapay-creator/MetaPay
:two: YouTube Channel: https://www.youtube.com/@MetaPayProject
:three: Testnet Simulation (DApp): https://metapay-test2.vercel.app/
:four: X (Twitter) Post: https://x.com/metapay_creator/status/1940565138945569111

:repeat_button: All included in the QR image above :index_pointing_up:

#MetaPay #BasicIncome #Web3 #DApp #HyperHack

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I really like the idea. I have some questions regarding the proposal.

  1. How will the initial 250 trillion KRW be injected and distributed over the first 10 months? Is this a one-time process or a recurring, automated smart contract function?

  2. How does the smart contract ensure that all wallets are part of the same “cycle” for the monthly distribution and recollection? What happens if a new user joins mid-cycle?

  3. Who has the authority to update the smart contract, adjust parameters (if any), or intervene in case of unforeseen issues? Is there a multi-signature wallet or a decentralised autonomous organisation (DAO) governing these parameters?

  4. How will the “50% MetaPay + 50% cash or card” split be presented to avoid user confusion?

Thank you

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Reply to @amardeep

Thank you for your thoughtful questions. Below is a detailed explanation of how the MetaPay model is structured for implementation in South Korea.

1. Is the initial 250 trillion KRW injection one-time or recurring?

The initial fund of 250 trillion KRW is a one-time injection, distributed over 10 months at 25 trillion KRW per month (₩500,000 × 50 million citizens).

After the 10-month distribution, the system transitions into a self-sustaining circular structure:

복사편집

250 → –25 → +25 → –25 → +25 → ...

At the end of each month, a portion of unused MetaPay (e.g., 10%) is recollected from citizens’ wallets and reused as the funding source for the next month. This enables an ongoing distribute → recollect → redistribute cycle with no additional taxes required.

Moreover, the initial injection is not a sunk cost — it functions as a public investment. The increased economic activity triggered by MetaPay stimulates higher consumption and business turnover, which leads to increased tax revenue (VAT, income tax, etc.). Over time, this additional tax income can be used to repay the initial issuance, such as via bond repayment or fund replenishment.

2. How does the system handle wallet synchronization and new citizens?

South Korea uses a Resident Registration Number (RRN) system that automatically registers births and deregisters deaths. This makes it possible to:

  • Issue a MetaPay wallet automatically at birth
  • Deactivate the wallet automatically upon death
  • Enforce a “one person = one wallet” rule using ZK-ID authentication

In addition, Alith AI, a built-in intelligent fiscal agent, continuously monitors:

  • Birth/death records and demographic trends
  • Total payouts, recollections, and wallet activity
  • Budget surpluses or deficits in real time

If fewer citizens require payout than expected, the surplus is stored in a reserve/investment pool managed by a DAO.
If more citizens require payout (e.g., due to births), the AI informs the Ministry of Strategy and Finance (MOSF) to adjust the budget or draw from the reserve.
New citizens begin receiving MetaPay from the next scheduled cycle — no need for mid-cycle redistribution.

3. Who governs the contract, and how are irregularities handled?

Initially, MetaPay governance is handled through a multi-signature wallet managed by:

  • The Ministry of the Interior (citizen registry)
  • The Ministry of Strategy and Finance (funding control)
  • An independent DAO-based audit committee

Over time, MetaPay will transition to DAO-based governance, allowing citizens to vote on:

  • Smart contract upgrades
  • Distribution amounts and recollection ratios
  • Emergency adjustments in case of macroeconomic shocks

In this process, Alith AI plays a dual role:

① Predictive Governance

  • Simulates the impact of adjusting payout amounts, recollection percentages, or demographics
  • Provides data-driven recommendations to the DAO before proposals are voted on

② Transaction Monitoring and Regulatory Enforcement

Alith AI continuously analyzes transaction patterns between users and businesses to prevent exploitation of MetaPay.

For example:

  • If wages are excessively paid in MetaPay
  • Or subcontractors repeatedly receive large amounts of MetaPay without triggering any recollection
    → Alith AI raises an automated alert,
    → The DAO or National Tax Service (NTS) is notified to conduct a thorough audit or investigation
    → Based on findings, tax audits or usage restrictions may be imposed.

This ensures MetaPay remains a fair and consumable basic income, rather than being abused for tax evasion, asset hoarding, or business manipulation.
AI-driven oversight, combined with public governance, helps preserve the integrity of the system.

4. How does the “50% MetaPay + 50% cash/card” rule work in real life?

Each citizen’s wallet enforces an automatic hybrid payment rule:

  • For every purchase, 50% is deducted from MetaPay, and
  • 50% from the user’s linked bank/card balance

Example: A ₩10,000 purchase is split into ₩5,000 MetaPay + ₩5,000 cash/card.

This system is implemented via:

  • Smart POS integration at merchant locations
  • In-app logic within the MetaPay wallet
  • Regulatory standards for licensed payment providers

This hybrid system ensures:

  • MetaPay is used rather than hoarded
  • Consumers face no behavioral friction
  • Inflation is stabilized through co-use of traditional currency

If the 50:50 ratio ever becomes inefficient or distorting, Alith AI will proactively suggest adjustments (e.g., shifting to 60:40) and the DAO can vote to implement changes.

If you’re interested in more details on identity verification (ZK-ID), circulation mechanics, inflation control, or code-level implementation, I’d be happy to share further insights.

Thanks again for your interest and engagement!
— Kyuha Yoon
Creator of MetaPay
@metapay_gyuha

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Hello @metapay_gyuha , I am testing the dapp, Few questions i have to ask : -

  1. Currently National Wallet Balance: $0, How to add the balance ?
  2. I click on distribute button, collect button, transaction going to blockchain but i see some error is like distribution failed.
    Screenshot 2025-07-04 114736
    Screenshot 2025-07-04 1147361819×1004 56.5 KB
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Hello, this is @metapay_gyuha.

First of all, I sincerely apologize for the delay in response and any inconvenience caused during testing. :man_bowing:
We’ve identified a technical issue where the national wallet balance appears as $0, and I’m currently working on resolving it.

:wrench: Issue Summary

  • A new smart contract was deployed on Remix (0xC3Ba50...)
  • But the frontend was still pointing to the old contract address
  • This caused the DApp to display a balance of $0 and disabled proper transaction flow

:white_check_mark: Fix in Progress

  • The frontend code has been updated with the correct contract address
  • Changes have been pushed to GitHub, and we’re redeploying on Vercel
  • The working version will be available shortly, and I’ll share the updated link in a follow-up comment

Once again, I sincerely apologiz

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Hello @priyankg3,

Thank you again for testing the DApp and sharing your feedback.

:white_check_mark: The issue has now been fully resolved, and the updated version is working properly.

I’ve updated the frontend with the correct smart contract address and successfully redeployed the DApp to Vercel.

You can now test the working version here:
:link: https://metapay-test2.vercel.app/

Please feel free to test it again, and let me know if you encounter any further issues or have additional suggestions.

I truly appreciate your interest and support :folded_hands:

Best regards,
@metapay_gyuha

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:green_circle: How to Use the MetaPay Simulation Properly

MetaPay is a circulating basic income model designed to be self-sustaining through a balance of distribution and recollection.

To simulate the actual mechanism accurately, please follow this sequence:

  1. Click “Distribute” 10 times.
    → This simulates the initial 10 months of government-funded distributions
    ($500 × 10 wallets × 10 months = $50,000 total).

  2. Then, click “Collect” once.
    → This represents the recollection of 10% of the remaining balance at the end of the 10th month.

  3. From this point on, repeat the following cycle:
    → Distribute → Collect → Distribute → Collect…
    → Each month, the recollected tokens are used as the source for the next month’s payment.

:warning: Please do not click Distribute and Collect randomly, as it breaks the intended simulation logic.

:man_cook: It’s Sunday, so I cooked instead of my wife today — as a little break from coding.
Come check it out on X :grinning_face_with_smiling_eyes:
:link: https://x.com/metapay_creator/status/1776937836964016537

:link: Try the test version here:
:backhand_index_pointing_right: https://metapay-test2.vercel.app/

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:test_tube: Test Participants Wanted for MetaPay Peer-to-Peer Simulation (Spotlight Campaign)

Hello everyone,
I’m currently upgrading my MetaPay UBI simulation for the Spotlight Campaign by adding a P2P transaction phase between 10 test users.

MetaPay is a sustainable, circular basic income model using smart contracts — funds are distributed monthly, partially collected, and redistributed automatically. This is not a static airdrop, but a recurring economic loop that mirrors real-world spending and income patterns.

:cyclone: Simulation Structure

  • Total 15 steps:
    → 10 rounds of national wallet distribution
    → 5 rounds of recollection + redistribution
    → Entire cycle = 30 minutes (fast-forwarded)

:stopwatch: Time Compression for Testing
To make testing feasible, 2 minutes will simulate 1 month:

  • Every 2 minutes, the national wallet distributes funds to 10 test users.
  • 30 seconds after each distribution, P2P transactions between test users are allowed for 1 minute.
  • This means P2P can begin 30 seconds after receiving funds and last for 1 minute.
  • After 1.5 minutes, data is collected and a new round begins.
  • After 10 distributions, 5 recollection + redistribution rounds follow.

:mobile_phone_with_arrow: About the Test App

  • A separate front-end DApp will be prepared for each of the 10 testers.
  • You will be provided with your wallet address and web link to interact with the simulation.
  • You must connect your MetaMask wallet to testnet (Sepolia).
  • You must initiate at least 1 P2P transfer per round during the allowed time window.

:pushpin: Requirements

  • You must already have testnet ETH (Sepolia) to cover gas fees
  • Only developers or active Web3 users should apply — no support for general users at this time
  • All balances and P2P history will be public during the test

:warning: Note from Creator
I’m not a professional developer — just someone passionate about making UBI work. This P2P feature is an ambitious step, and if I run into unexpected issues, I may reach out to this community for support.

If successful, this experiment will show how a basic income system can function without taxation, by circulating digital currency based on usage patterns.

Thanks for reading! If you’d like to participate, leave a comment or DM me.
– @metapay-creator

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:repeat_button: MetaPay Simulation Now Features P2P + AI-Like Logic (Inspired by Alice AI)

We’ve introduced P2P transaction flows in our UBI simulation — now layered with behavior logic inspired by Alice AI.

:robot: Note: Alice AI is not yet on-chain — but test users act according to AI-style decision patterns (e.g. payroll, subcontracting, proportional rules).

:test_tube: Goal: To demonstrate that UBI can circulate sustainably without taxation, using smart contract automation.

:hourglass_not_done: Testnet deployment coming in 2 days — link will be shared via X:
:backhand_index_pointing_right: https://x.com/MetaPayProject

Follow us for updates and join the experiment!

– @metapay-creator

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:police_car_light: MetaPay UBI Simulation – Testnet Is Live

MetaPay is a circular basic income model using smart contracts — now upgraded with:

:white_check_mark: P2P transfers
:white_check_mark: Monthly distribution and recollection
:white_check_mark: Behavior logic inspired by Alice AI

:globe_with_meridians: DApp (testnet demo):

:floppy_disk: GitHub (open source)

:brain: Note: Wallet addresses are not activated for public use yet.
But all contracts, logic, and AI-inspired flows are fully visible in the codebase.

:robot: Full Alith (Alice AI) integration is underway — this version simulates AI-guided behavior such as payroll, subcontracting, proportional logic.

:woman_raising_hand: Want to be a tester in the next round? DM me or comment — you’ll get your own wallet, test UI, and early access to the AI agent version.

– @metapay-creator

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:white_check_mark: Final Version Released — Ready for Live Testing with Usage Guide

Dear HyperHack Team & Participants,

We have released the final tested version of MetaPayP2P for the hackathon submission.
This version includes all functional updates and is fully ready for live testing with dedicated test wallets.

:link: Live DApp (Final Test Version)

:laptop: GitHub Repository (Updated Final Code)

:white_check_mark: Important Usage Instructions

  • :white_check_mark: Please follow the rule of “10 times distribution → 1 time recollection → repeat distribution and recollection” for the national wallet
  • :white_check_mark: Running the system without this sequence may disrupt the simulation of the economic model
  • :white_check_mark: P2P transfers and user-to-company transactions can be executed anytime

:white_check_mark: Key Features

  • :white_check_mark: Alice AI-powered transaction analysis — Alerts for excessive transfers based on inflow ratio
  • :white_check_mark: OpenAI API integration — Supports AI-guided user alerts and transaction logic
  • :white_check_mark: A circulating basic income model simulated on Web3 smart contracts, ready for public testing

:information_source: Note

  • :white_check_mark: Cash-related values are dummy data added in the frontend for better user understanding and are not part of the actual smart contract logic
  • :white_check_mark: We will explain the purpose and details of this concept in the upcoming presentation video

We look forward to your feedback and testing participation.
Thank you!

— MetaPay Project Creator

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:musical_note: Just updated MetaPay with background music on both Welcome & Main screens!
Feel the vibe — and share your feedback.
:play_button: Testnet: https://meta-pay-p2-p-clean-7aig.vercel.app
:link: Follow on X: https://x.com/metapay_creator

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:white_check_mark: Latest User Guide + Test Wallets Published — Please Check Before Testing

Dear HyperHack Team & Community,

We are sharing the latest user guide along with official test wallets for the MetaPayP2P simulation.
This is the latest update before the upcoming review, and we may share additional updates if needed.

:page_facing_up: User Guide (Must Read)

:backhand_index_pointing_right: Official MetaPayP2P User Guide (Google Drive)

Includes:

  • How to follow the distribution & recollection cycle
  • How to manually adjust balances when required
  • User and company wallet addresses for testing
  • Contact information for questions or feedback

:laptop: Live DApp Access (Test Version)

:backhand_index_pointing_right: https://meta-pay-p2-p-clean-7aig.vercel.app

:card_index_dividers: GitHub Repository (Final Code)

:backhand_index_pointing_right: GitHub - metapay-creator/MetaPayP2P-Clean: Basic income simulation DApp with P2P transfer and smart contract logic – clean repo

:speech_balloon: We’d love your feedback!

Please test the system using the provided wallets and follow the circulation cycle.
Feel free to comment on this thread if you’ve tested or have suggestions.
Your participation is key to refining this model.

Thank you!
— MetaPay Project Creator

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