Contents
3. Coin Issuance Plan
(1) Overview of the Token
Name of the Cryptoasset (Coin): SocialGood
Abbreviation: SG
Ticker Symbol: SG
Type: Utility Token
Standard: Ethereum ERC-20 Token Standard
Issuance Limit: 210,000,000 coins
Token-Issuing Entity: Social Good Foundation International Inc.
Operating Company: Both the business entity, SocialGood, Inc., and the coin issuing entity, Social Good Foundation International Inc., are collectively referred to as the operating company.
The price of SG and exchanges listing SG can be viewed here: https://coinmarketcap.com/currencies/socialgood/
(2) Issuance Plan
Approximately 10% of the total issuance limit has already been issued. Going forward, new issuances will generally not be conducted.
SG to be granted to the SocialGood App users will be acquired and distributed by the operating company from the market (buyback).
Notes:
*One could predict that the price of SG will rise as the number of SG holders increases, but ultimately, the price of SG will largely be affected by the entire cryptocurrency market.
*The price of SG will fluctuate due to the impact of supply and demand, like the prices of real estate and gold do. SG is not a security, just as real estate and gold are not securities.
*The issuance plan is subject to change without prior notice depending on the progress of the project.