I recently encountered a term called 'g dollars' and I'm not sure what it means. Is it a type of currency? Or maybe it's a slang term for something else? I would appreciate it if someone could explain the meaning and background of 'g dollars' to me.
5 answers
SsamziegangStroll
Fri Oct 25 2024
GoodDollar (G$) represents a novel digital token designed to offer a form of universal basic income (UBI) to its registered users.
AltcoinAdventurer
Thu Oct 24 2024
Initially, the reserve is in the form of DAI, a stablecoin known for its peg to the US dollar.
CryptoKing
Thu Oct 24 2024
The concept behind GoodDollar is to provide financial support to individuals in a sustainable and innovative manner.
Michele
Thu Oct 24 2024
The digital token operates on a unique model, distinguishing it from other cryptocurrencies.
Lucia
Thu Oct 24 2024
A key aspect of this model is that the token is backed by a reserve. This ensures stability and trustworthiness.