Is Universal Basic Income for real?

I recently heard about Manna, a Universal Basic Income built on blockchain. You get weekly distributions of a cryptocurrency just for being human.

Honestly, this is outside my wheelhouse of understanding. I know crypto and blockchain are revolutionalizing the world and the way we operate, but giving everyone money sounds too good to be true.

I'm all for buying in to things at ground level, so I'm game and I signed up for it. I get my first distribution next week. Let's see where this goes.

Here's a link to learn more and sign up yourself. https://www.mannabase.com/?ref=487b1543d1
It's a link they give each person who signs up to get more people to sign up. Again, even this concept of wanting more people to sign up for free money is a little confusing to me.

What do you think?? (Their whitepaper is on the site if you'd like to read it.)