Cryptocurrency Q&A What is g dollars?

What is g dollars?

Silvia Silvia Wed Oct 23 2024 | 5 answers 392
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. What is g dollars?

5 answers

SsamziegangStroll 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.

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AltcoinAdventurer AltcoinAdventurer Thu Oct 24 2024
Initially, the reserve is in the form of DAI, a stablecoin known for its peg to the US dollar.

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CryptoKing CryptoKing Thu Oct 24 2024
The concept behind GoodDollar is to provide financial support to individuals in a sustainable and innovative manner.

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Michele Michele Thu Oct 24 2024
The digital token operates on a unique model, distinguishing it from other cryptocurrencies.

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Lucia 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.

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