GoodDollar is a blockchain startup with a vision to bring global universal basic income to the world. Through its GoodDollar.org platform, the company aims to onboard people to free and easy digital money, leveraging crypto technology. Established in 2017, the startup has garnered significant attention with its anti-poverty protocol powered by the GoodDAO. This innovative approach utilizes the principles of social investing and free market forces to mint and distribute a stream of crypto universal basic income (UBI) to individuals worldwide, requiring only a cell phone and internet access.
With nearly half a million users from 222+ countries and territories embracing the platform, GoodDollar has successfully created a digital UBI economy, making strides towards its vision of a world where everyone has access to basic economic assets. The company's commitment to inclusive financial products is mirrored in its ongoing efforts to build a more equitable financial system.
In 2020, GoodDollar launched its protocol and DAO with the backing of eToro, a prominent investor in the blockchain space. The $1.00M Venture Round investment led by eToro in 08 November 2018 underscores the market's recognition of GoodDollar's potential to drive meaningful social and economic impact.