Primary features
GoodDollar is a blockchain‑based universal basic income (UBI) and community‑financing project that mints a digital currency called G$ to provide free, claim‑based income to users worldwide. The GoodDollar platform combines a social‑finance protocol with a DAO‑governed reserve and yield‑funding model, enabling anyone with a smartphone and internet to access basic‑income‑style crypto and participate in community‑driven grants and initiatives.
- Daily G$ UBI claims — Users can claim free G$ tokens once per day via a mobile‑first wallet.
- Reserve‑backed G$ token — G$ is backed by a diversified crypto reserve and governed by an augmented bonding‑curve mechanism.
- Community‑driven grants — GoodDAO and sub‑DAOs fund grants, education, and local‑impact projects using social‑investment yields.
- Sybil‑resistant onboarding — Identity‑like checks (GoodID) help prevent mass‑bot abuse while preserving privacy.
In short, GoodDollar creates a decentralized, global UBI infrastructure that turns DeFi yields into a sustainable, inclusive income stream for individuals and communities.
Non‑profit UBI design
The protocol is structured not‑for‑profit to prioritize social impact over profit.
Yield‑funded UBI
Only interest and yield from staked reserves are used to mint and distribute G$.
Reserve‑backed G$
G$ has onchain collateral plus a bonding‑curve mechanism to manage supply and value.
GoodDAO governance
G$‑ and governance‑token holders vote on protocol parameters, reserve strategies, and grant allocations.
User benefits
GoodDollar helps individuals, especially in emerging‑market and low‑income regions, access basic income‑style crypto and join a global DeFi‑enabled community, while organizations and donors can finan decentralized, transparent, impact‑driven UBI pilots. The GoodDollar platform turns DeFi yields into a self‑sustaining “social‑endowment” that funds daily UBI, community grants, and local‑language education tools, all without relying on traditional centralized aid structures.
- Claim free G$ every day as a baseline income stream, without needing upfront capital.
- Store, send, and spend G$ through integrated wallets and mobile apps, including chains like Celo for low‑fee transactions.
- Join or propose community‑driven grants and GoodOffers‑style income programs tailored to specific groups or causes.
- Participate in GoodDAO governance to influence how yields and the GoodDollar funding are allocated across regions and use cases.
- Access DeFi‑style tools and educational content that help users build financial literacy and on‑chain experience.
Overall, GoodDollar exists to demonstrate a decentralized, community‑financed UBI model on blockchain, using the GoodDollar funding and ecosystem partnerships to scale financial inclusion and empower people worldwide through programmable, yield‑financed basic‑income coins.
