GoodDollar

GoodDollar

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TVL: $25K

GoodDollar


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.

Funding Rounds

Funding Round: Unknown
Funding Date: 8 Nov, 2018
Raised Amount: $1M

Investors