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GoodDollar
GoodDollar is a cryptocurrency protocol that provides digital universal basic income (UBI) to its members. It distributes free G$ tokens daily, which are backed by USD stablecoins. The platform aims to empower people globally by making crypto accessible and useful, especially for the financially underserved, allowing them to participate in the Web3 economy.
Distributed
Description
GoodDollar is an open, decentralized protocol that distributes a digital universal basic income (UBI) in the form of G$ tokens. These ERC-20 tokens are distributed daily to registered members and are backed by yield generated from donated USD stablecoins from supporters. The protocol operates on Ethereum, Celo, and Fuse networks, aiming to onboard the world's financially underserved to Web3 finance without requiring an initial investment. The model is mission-driven, with no pre-mint, private sale, or founder allocation. GoodDollar has a large community of over 640,000 members across 181 countries. Users can claim their G$ via the GoodWallet and use them in a growing ecosystem of dApps for payments, savings, and accessing digital services. The project also encourages developers to build on its infrastructure, offering grants and access to its active user base.Grant Funding
VC Funding
DAI
ETH
2018
$17K
$1M