- How Can SocialGood Make the World a Better Place?
- Why Will the SocialGood Project Continue to Gain Popularity Worldwide?
- Coin Issuance Plan
3. Coin Issuance Plan
(1) Overview of the Token
Name of the Cryptoasset (Coin): SocialGood
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
SG is newly issued as users shop via the SocialGood App (Shopping Mining™). Of the total 210 million coins, 99.3% is allocated to be used for the shopping mining pool. The remaining SG is distributed to those associated with SocialGood, Inc. and to partners who will help to expand the SocialGood Ecosystem.
*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.