About GoodDollar
"GoodDollar is a social-impact protocol that leverages decentralized finance to mint, grow and sustain value to distribute as a global crypto Universal Basic Income /UBI). We enable every person with a cell phone to be able to experience, learn, and use digital currency, distributing wealth while projecting return for social investors. GoodDollar is generating a sustainable-by-design UBI economy, by the issuance of a reserve-backed cryptocurrency (G$) with supply policies is based on the AMM Bancor Formula, which sets the G$ price (according to a reserve ratio policy) and generates the supply that is demanded by buyers, holders, G$ merchants and liquidity providers, as it also enables them to cash back from the reserve according to the same contract policies. GoodDollar is designed to generate a sustainable Universal Basic Income for all, by socially incentivizing DeFi investors to stake part of their portfolio into GoodDollar Trust Funds, a set of smart contracts that aggregates the yield generated by having deposit the supporters money in third party DeFi protocols (Compound, Aave…), feed it into GoodDollar Reserve contract and socially optimize the usage of that money by generating G$s and distribute it equally to all (unique humans) UBI claimers. This way we asure that UBI is generated and backed by real value instead of just coin inflation."
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Trading Insights
Searched
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Market Stats
Market Cap
Not enough data
FDV
$198.90M
Circ. Supply
Not enough data
Max Supply
2.2T G$
Total Supply
6.9B G$
Total Value Locked
$25.32K
Diluted Valuation
$623.17K
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$20.97
-51.89%
Volume (7D)
$161.23
Volume (30D)
$634.51
All time high
$0.000245
Price Change (1Y)
12.56%
Additional info about GoodDollar
Recent trends
The latest G$ price is $0.000090. Compared to GoodDollar's value of $0.00 from 24 hours ago, there's been a -0% decrease, while the current price is 0% up from $0.00 which was recorded one week ago. GoodDollar's all time high is $0.000245, which was reached on June 17, 2023. This is a -63% change from its price today.
The fully diluted valuation of GoodDollar is $198.90M. The diluted valuation of GoodDollar is $198.90M.
Market details
G$ vs markets
↘ 11.83%
G$ vs BTC
↘ 25.67%
G$ vs ETH
↗ 66.16%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x67C5870b4A41D4Ebef24d2456547A03F1f3e094B | |
Celo Gold | 0x62B8B11039FcfE5aB0C56E502b1C372A3d2a9c7A | |
Fuse | 0x495d133b938596c9984d462f007b676bdc57ecec | |
Celo Gold | 0x62b8b11039fcfe5ab0c56e502b1c372a3d2a9c7a |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000090 | ↘ 0.32% |
1 Day | $0.000091 | ↘ 0.32% |
1 Week | $0.000090 | ↗ 0.42% |
1 Month | $0.000096 | ↘ 5.67% |
1 Year | $0.000080 | ↗ 12.56% |
FAQ
GoodDollar (G$) is a digital asset that strives to provide a form of universal basic income (UBI) to its registered users. It is a reserve-backed token, initially backed by DAI, and is distributed daily to users. The model is sustained by supporters who deposit underlying assets onto the platform and then yield farm on supported DeFi protocols. A portion of the accrued interest is returned to supporters, with the rest collateralized for new G$ tokens that are distributed each day. GoodDollar is a non-profit initiative funded by donations, with a mission to financially empower individuals around the globe using decentralized technology.
GoodDollar operates by leveraging the power of decentralized finance (DeFi) to issue and distribute G$ tokens daily to registered members as a form of universal basic income (UBI). Supporters deposit underlying assets onto the platform and yield farm on supported DeFi protocols. The interest accrued is partially returned to the supporters, while the rest is collateralized for new G$ tokens that are distributed each day. This system seeks to create a sustainable model for UBI, making cryptocurrency accessible and useful to anyone who wants it.
GoodDollar can be used in various ways. It can serve as a tool for financial empowerment, providing a form of universal basic income to registered users. It can also be used to explore and experience decentralized applications (dApps), DeFi, and NFTs. Furthermore, GoodDollar can be integrated into dApps to drive usage and access to the GoodDollar community. It can also be used to support non-profit work through donations. GoodDollar seeks to make the transformational power of Web3 and blockchain accessible and inclusive for billions around the world.
GoodDollar was established in 2018 with the aim of using decentralized technology to financially empower individuals around the globe. It is a non-profit initiative funded by donations. Since its inception, GoodDollar has been recognized for its use of blockchain for financial inclusion by organizations such as the World Economic Forum, Crypto Council for Innovation, and INATBA. The project has experienced growth, with new wallets being created in countries like South Africa, Nigeria, and Venezuela.
We update our GoodDollar to USD currency in real-time. Get the live price of GoodDollar on Coinbase.
The current market cap of GoodDollar is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of GoodDollar is $0.000245. This all-time high is highest price paid for GoodDollar since it was launched.
Over the last 24 hours, the trading volume of GoodDollar is $20.97.
Assets that have a similar market cap to GoodDollar include Upper Dollar, Giftedhands [Old], Upper Pound, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of GoodDollar is 0.
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GoodDollar calculator
1 GoodDollar (G$) to Canadian Dollar (CAD)
CA$0.000124
1 GoodDollar (G$) to Real (BRL)
R$0.000503
1 GoodDollar (G$) to Euro (EUR)
€0.000079
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Legal
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