GoodDollar

Verified
Regenerative

A digital basic income project designed to reduce global economic inequality.

Organization
Yield Aggregator
Stable Protocol
Homebase
Israel
Established
2020
Team size
21-50
Last updated
Feb 20, 2024
Token
Rating
Type
Liquidity
Mkt Cap
Description

GoodDollar is an open, people-powered decentralized protocol capable of generating a scalable and sustainable basic income token. The GoodDollar team strongly s. GoodDollar is a blockchain protocol that draws upon the unique capabilities of decentralized finance (DeFi hereafter) to sustainably mint a basic income token for distribution to a global user network.

Value Proposition

The GoodDollar Protocol is a new standard to sustainably fund free money as a public good in G$ token. Its mission is to enable money to sustainably flow freely to people who need it most, where it will be used most productively, as a peer-to-peer currency. The protocol and its core tokenomics seek to offer a flexible, permissionless architecture to support the funding and distribution of G$ token, through multiple engagement models that could suit a range of different stakeholder types.

Milestones
  • GoodDollar V2 Launch: Introduced capital staking and direct G$ transactions, enhancing scalability.

  • Celo Foundation Grant: Received support to further GoodDollar's mission of poverty eradication through UBI.

  • Growth on Celo: Achieved rapid expansion with 80,000 monthly users, supporting over 530,000 UBI recipients across 181 countries, demonstrating significant impact and reach.

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