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Google-Backed Guaranteed Income Pilot Set to Launch with $2.7M Giveaway: Impact on Bitcoin (BTC) and Crypto Market

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  • Google’s charitable arm, Google.org, is backing a new multi-million dollar guaranteed income project aimed at helping struggling families in San Francisco.
  • The pilot program, named “It All Adds Up,” will distribute a total of $2.7 million to 225 families over a period of five years.
  • Each family will receive $1,000 per month for one year, with an additional 225 families acting as a control group, receiving $50 per month for a year.

Google.org, the philanthropic arm of tech giant Google, is investing in a guaranteed income project in San Francisco, aiming to provide financial relief to struggling families.

Google.org’s Philanthropic Initiative

Google.org is funding a pilot program called “It All Adds Up,” which will provide a total of $2.7 million to 225 families in San Francisco who are grappling with homelessness. The program is set to run for five years, with each family receiving $1,000 per month for one year. The initiative is designed to help families meet basic needs and potentially lift themselves out of poverty.

Details of the “It All Adds Up” Program

The program will als... Read the full article for FREE at COINOTAG!

13d ago•
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