🤝 XDC Network Awards GoodDollar $900K Grant for Universal Basic Income Initiative
🤝 XDC Network Awards GoodDollar $900K Grant for Universal Basic Income Initiative
💰 XDC's $900K UBI Bet
XDC Network has awarded GoodDollar a $900,000 grant to advance their Universal Basic Income (UBI) vision and expand financial inclusion globally.
The Partnership
- GoodDollar focuses on making digital money more accessible to everyone
- XDC blockchain specializes in enterprise and real-world economic applications
- The collaboration aims to strengthen financial inclusion and social impact initiatives
About the Initiative GoodDollar operates as a non-profit protocol that enables anyone with a cell phone to experience and use digital currency. The platform has already attracted over 250,000 users worldwide, with 80,000 active users in the past month.
The grant will help GoodDollar continue building their sustainable UBI economy through their reserve-backed G$ cryptocurrency, which distributes income equally to verified users globally.
Thanks @XDCNetwork! 🩵 GoodDollar is about making money more inclusive 💧 XDC blockchain is built for enterprise and real-world economies 🌍 A strong match to advance financial inclusion and social impact 🤝 ibtimes.sg/xdc-network-fu…
XDC Network is investing $900,000 in @gooddollarorg to expand blockchain-based Universal Basic Income globally. This partnership empowers 910,000+ people across 210 countries, bridging digital & real-world economies for true financial inclusion. Learn more from the link in the
💰 Commons Funding Crisis
**Why does funding public goods consistently fail?** GoodDollar's @HadarRot is hosting an open discussion exploring: - How current money systems work - What G$ could become for supporting commons - Building money that truly backs public goods **Session Details:** - Date: Tuesday 16th - Time: 4pm GMT - Format: Open discussion [RSVP here](https://luma.com/67vy4rv2) This follows previous workshops on programmable money designed for everyone, not just the few. The session aims to reimagine how digital currency can better serve collective needs. **Join the conversation** about creating sustainable funding mechanisms for public goods.
GoodDollar Governance Redesign Moves to Action Phase
**GoodDollar launches action phase** of its governance redesign initiative, inviting community participation to shape a fairer decision-making system. **Key developments:** - Transition from planning to implementation stage - Open community contribution through dedicated forum - Focus on creating more equitable governance structure **Background context:** - Process began with core mission and vision discussions - Part of broader governance overhaul for the UBI protocol - 900k+ users and $600k+ in G$ tokens distributed since launch **How to participate:** - Join discussions at [GoodDollar forum](https://discourse.gooddollar.org/tag/cogov) - Contribute ideas for governance improvements - Help design fairer community decision-making processes The initiative represents a significant step toward **community-led governance** for one of Web3's largest Universal Basic Income projects.
GoodDollar Launches Universal Basic Income Token on XDC Network
**GoodDollar has launched its G$ cryptocurrency UBI on XDC Network**, marking the protocol's first multi-chain expansion. **Current Features Available:** - Daily G$ token claims on XDC via [GoodWallet](http://goodwallet.xyz) and [GoodDApp](http://gooddapp.org) - Cross-chain G$ bridging capabilities - USDC/G$ liquidity pool on XSPSwap **Key Benefits:** - **Lower fees** and faster transactions through XDC - Increased protocol resilience across multiple chains - Enhanced accessibility for global users **Coming Soon:** A dedicated GoodDollar Reserve on XDC will enable: - Native G$ minting and burning - Sustainable funding mechanisms - Full multi-chain protocol architecture The expansion builds on XDC Network's $900K grant to advance financial inclusion. Users can start claiming daily G$ tokens immediately. [Learn more about the XDC integration](https://ubi.gd/gooddollar-xdc)
GoodDollar Launches $4,000 Open-Source Contributors Pool on Gardens Fund
**GoodDollar has launched a $4,000 USD pool** on Gardens Fund to reward open-source contributions to their ecosystem. **Who can participate:** - Contributors: developers, designers, builders proposing work - Governance Committee: reviews proposals and guides funding **Funded work includes:** - Third-party integrations (WalletConnect, bridges) - Core protocol improvements - SDK and dApp enhancements - Bug fixes and new features - Ecosystem tools and documentation **How it works:** 1. Post proposal on [GoodDollar Discourse](http://ubi.gd/devdiscourse) 2. Align with ecosystem goals 3. Deliver your PR 4. Request G$ payment through Gardens **Key features:** - Community-governed and transparent - On-chain payments - Open to any builder - Self-managed funding decisions This represents a shift toward **decentralized development** where the community leads GoodDollar's growth. [Join the pool](https://ubi.gd/gardenspool) to start contributing.