GoodDollar — a digital coin and wallet that allows you to receive free basic income with real cash value directly to your phone. The company was founded in 2018 by the founder and CEO of eToro, who is also the corporate sponsor of the project.
Contents:
About the GoodDollar platform
Basic income is a long-standing idea of giving everyone a recurring cash payment. Now, leveraging new financial innovations, GoodDollar is creating a steady cash flow that allows any living person to generate and maintain a small, daily G $ income. GoodDollar.org is a non-profit organization whose mission is to leverage new blockchain technologies to provide a scalable, sustainable model for generating basic income.
Good Dollar takes a different approach and presents a defined pool of G $ revenue that is split equally among all users. To earn G $ basic daily income, all you have to do - sign up and create an account.
Distribution of tokens:
| Firstly | Every day there is a certain amount of G $, set aside for distribution as basic income. |
| Secondly | This G $ amount is divided equally among all active users in the system. |
| Thirdly | Any unclaimed G$, that are not approved, are moved to the G$ pool, which will be allocated the next day. |
Thus, the amount of G $ that you receive on any given day depends on two factors: how many other active users are logged in and how many G $ have been minted.
Additional information
The site has a White Paper. With its help, you can learn more about the features of the project. Also, the developers provide a section with answers to questions.
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