SocialGood (SG) is a crypto project based on "making society better." The project aims to connect the world with crypto assets and create an expanding ecosystem where all the individuals, companies, and society can succeed. SocialGood platform aims for users to be able to shop in large stores like eBay, Amazon, Nike, etc., and get currency back in the form of SG coins.

Existing platforms following capitalist mechanisms have an array of problems. The capitalist mechanism means demand and supply forces seek to determine the prices and level of production in the economy. In contrast, in the case of cryptocurrency, the shareholders, consumers, and society decide the price of the assets, which results in the economic gap between the consumers and asset holders. Thus, according to the SG whitepaper, the platform seeks to improve people's lives by expanding the Social Good Ecosystem and encouraging 'democratization of assets,' providing a 'win-win-win' situation for all individuals, companies, and society. The Social Good Ecosystem aims to update the way ineffective capitalist mechanisms work by utilizing artificial intelligence and the blockchain. Moreover, the project aims to obtain several patents in Japan and other international countries to use cryptocurrency to provide consumers with rewards and points redemptions through the SocialGood App.

SG is the token name used to reward the consumers contributing toward the goal of the SocialGood project. SG is a utility token that follows the standards of Ethereum ERC-20, which defines how the token is transferred between the traders and how traders can access data. The operating company seeks to guarantee the SG token value under the Shopping Mining mechanism. Shopping mining is when new coins are automatically created or added to the individuals' wallets while the person shops at various retail stores.

In 2018, Social Good Foundation, Inc., the parent company, launched the SocialGood project. Soichiro Takaoka is the founder and CEO of SocialGood.

We update our SocialGood to GBP currency in real-time. Get the live price of SocialGood on Coinbase.

The current market cap of SocialGood is £475.77K. A high market cap implies that the asset is highly valued by the market.

The all-time high of SocialGood is £22.41. This all-time high is highest price paid for SocialGood since it was launched.

Over the last 24 hours, the trading volume of SocialGood is £15.17K.

Assets that have a similar market cap to SocialGood include DOLZ, Miners.Club, Fame AI, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of SocialGood is 23 million.