GoodDollar is a financial ecosystem that provides people with income in the form of their own “G $” cryptocurrency. And what is the best listing on the exchanges is yet to come.
GoodDollar is a non-profit organization that claims to provide a scalable and sustainable model that provides income. Basic income is the idea of providing recurring cash payments directly to people.
GoodDollar has a different approach and represents a certain fund in G $, which is evenly distributed to all users. New G $ is issued daily and users can claim their G $ every 24 hours.
GoodDollar was founded and created in 2018 by businessman Yoni Assia. He is the founder and CEO of eToro. I really appreciate transparency, which is, in my view, relatively rare in an unregulated and “shadowy” cryptoworld. Take a look at the GoodDollars homepage and you will see the whole team.
How it works
GoodDollar invests in decentralized revenue-generating financial protocols. These funds are used to create a crypto-asset covered by these reserves (G $), which is used for income payments and is distributed daily as digital basic income to users.
There is no app for wallet to download yet. Not even for desktop or mobile, which shouldn’t concern us at the moment. There is a section on the GoodDollar homepage that says that applications for Android and iOS will be available soon. So for now, we have to stick with a web application that works very well.
You must register to receive G $ for free. If you use this link, you get 50 G $ free of charge. This is an easy process if you only do so using your Google or Facebook login information. Registration is also possible via email.
Once you have registered, you will be able to claim your daily G $ by pressing the “Claim” in the application. Every 24 hours, a certain number of G $ is set aside to be distributed as basic income. This sum of G $ is evenly distributed among all active users in the system who log in and claim every 24 hours. Any unclaimed G $ is transferred to the distribution fund the following day.
G $ is not currently listed on exchanges, but will be available in the future.
Try it. The project appears to be legitimate, even according to TrustPilot. It’s a risk-free opportunity to get some extra money. You will lose nothing but a few seconds each day to gain G $. Thumbs up!