The power of web 3 is something that can't be overemphasized. With Gooddollar project a UBI focused Defi is growing very fast. Gooddollar Protocol operates fully on Ethereum Mainnet while it Distributes it's Ubi(G$ coin) via the fuse Blockchain to it's Claimers.
The Concept of Gooddollar is basically in two phases the, The Supporter and the Claimers.
Credit: [Gooddollar]
The supporters creates the value chain for the claimers by Staking their funds into the GoodReserve a smartcontract that mint G$ for Claimers. The interests from staked funds are generated integrated yield farms such Aave, and Compound Protocol. The mechanism of the project is quite simple just creating a wallet account from the website and boom you earn free income A daily basis which has a value. Credit: Gooddollar wallet
With the launch of GoodDAO December 2021, the contract opened more opportunities to the Gooddollar ecosystem. So far Etoro one of the biggest sponsors of Gooddollar project since launch has staked $1000,000 into GoodReserve, which generates ubi in G$ coin to everyone Globally via the Goodswap DApps.
And since the launch of Goodswap anybody around the globe can easily stake their funds earn interest which later divided to create wealth to everyone in the world. Yoni Assia the Co-founder calls it "Anti-Poverty Movement".
From the event hosted on the 7th March , 2022 by Andrew Yang, a United State Presidential aspirant he believes in UBi, In quote he said, "the Gooddollar vision is a great one and he will be involved in it".
Here is the recording to Twitter space hosted
In General, Gooddollar that was launched September 2020 has grown massively.
HIGHLIGHTS OF 2021/2022.
February breakdown
(1.) The Gooddollar Community was able to raise funds for a student in Nigeria name stephen. Whom had financial constraints on I.T project. With the Gooddollar
token he was able to pay those fees.
(2.) In Israel, Gooddollar Community has been doing a lot of massive things with the help of her Ambassadors distribution of free food to people.
(3.) Recently with the Nigeria Community lead, raised $40 in Gooddollar to purchased a smartphone for a student whom needed help on Education research also had interest in learning about Crypto.
(4.) In Vietnamese, Goooddollar members incentives their student with G$ token for assignment done.
(5.) Gooddollar was able to donate the people of Urkraine via Defi Protocols.
( 6.) Ten Good cause suggested 2021 to support the grassroot level, which Etoro sponsored $10,0000 to the ten Good cause with over 10m Plus Goooddollar tokens crowd source by the Community.
Do you know outside all this stories people still claim Goooddollar freely on a 24hr basis, what an economic inclusion.
To Track Gooddollar Market Price
Credit: Coinmarketcap
Staking Credit: Goodswap
Social Media Credit: twitter
Credit: Telegram
Credit: facebook
Credit: [Discord] (https://ubi.gd/discord)
#Ubi #Blockchain #savelives #Gooddollar