GoodDollar

GoodDollar is a decentralized protocol that distributes G$ tokens as universal basic income (UBI) to registered users, utilizing blockchain technology to create a sustainable financial model. This initiative directly addresses global wealth inequality by providing daily financial support to underserved populations, enabling them to engage in digital commerce and access Web3 services.

Traction 4/10

London, United Kingdom · HQ

Founded 2017222K+ followers

Blockchain & Cryptocurrency
Financial Technology
Software Only
Web3 & NFTs

Updated 7 months ago

Funding

Funding rounds are not available yet.

Founders

1 founder

Anna Stone

Executive Director

Product

Problem

Many individuals, particularly in underserved communities, lack access to basic financial resources and the opportunities to participate in the digital economy. Traditional financial systems often exclude these populations, exacerbating wealth inequality and hindering economic empowerment.

Solution

GoodDollar is a decentralized protocol that aims to provide a universal basic income (UBI) in the form of G$ tokens to registered users worldwide. By leveraging blockchain technology, GoodDollar distributes G$ daily, enabling users to engage in digital commerce, access decentralized finance (DeFi) services, and participate in the Web3 ecosystem. The protocol is designed to be accessible to anyone with a smartphone, offering a pathway to financial inclusion and economic empowerment.

Target Audience

The primary target audience includes individuals in emerging market economies, aspiring entrepreneurs, and anyone seeking access to basic financial resources and Web3 opportunities.

Features

Daily distribution of G$ tokens as UBI to verified users
Reserve-backed token model using donated yield from corporate supporters
Multi-chain support (Ethereum, Celo, Fuse) for broader accessibility
GoodWallet for easy onboarding and G$ management
Integration with various dApps for Web3 exploration and community development
Community-driven governance through the GoodDAO
Open-source protocol for transparent and collaborative development