Latest Version
2.71.0
August 31, 2025
GoodDollar
Finance
Android
0
Free
org.gooddollar
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More About GoodDollar: Claim Crypto UBI
GoodDollar is an innovative platform designed to create and manage a universal basic income (UBI) for people around the world. It aims to provide everyone with a basic standard of living regardless of their location or economic situation. By fostering a decentralized and community-driven approach, GoodDollar seeks to address income inequality and promote financial inclusion globally.
The core of GoodDollar's value proposition lies in its trust mechanism, which is based on the interest generated from supporters who stake their cryptocurrencies in permissionless, third-party protocols. This staking process helps to build a reserve fund that is used to sustain the platform's operations and its initiatives. The more supporters participate and stake their assets, the more interest is generated, creating a sustainable financial model for the project.
From the accumulated interest, new G$ coins are minted. These coins serve two main purposes: they are used to pay market-rate interest to supporters who have staked their cryptocurrencies, incentivizing ongoing participation and support, and a portion of the G$ is set aside daily to serve as a basic income distribution. This mechanism helps to circulate value within the network and ensures that the basic income is regularly distributed to users, supporting their financial stability.
Overall, GoodDollar functions as a people-powered framework that leverages blockchain technology and decentralized finance principles to fund and distribute a universal basic income. Its emphasis on community participation, sustainable interest generation, and transparent distribution aims to create a more equitable and inclusive economic environment on a global scale. Through these mechanisms, it aspires to make a meaningful impact in reducing wealth disparities worldwide.
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