GoodDollar
- Company typePrivate
- Founded2020
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
GoodDollar firmographics
Firmographics- Name
- GoodDollar
- Legal name
- Good Labs Ltd.
- Website
- https://gooddollar.org
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
GoodDollar industry classification
Industry- Product category
- Blockchain-based Universal Basic Income Protocol
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption) (FSAPAEAB)
- akta.pro secondary industries
- On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD), Stablecoin Protocols (Decentralized) (FSADAMAD), Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL)
Keywords
Where GoodDollar is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
GoodDollar business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Donations and Corporate Sponsorship: GoodDollar operations are funded through direct donations and yield from corporate supporters who stake stablecoins. The operational budget is sponsored entirely through direct donations. G$ tokens are distributed for free with no ICO or token sale.
- Network Fees (GoodCollective): A 5% network fee is charged on each donation made through GoodCollective, which goes directly to fund the GoodDollar UBI pool. Pool administrators may also configure per-donation administrative fees.
- 100% Mission-Driven Token Model: No pre-mint, no private sale, no founder allocation. The token model is designed to be 100% mission-driven with all value flowing back to the community.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free UBI Access - All users can claim G$ tokens daily at no cost |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels9 records
GoodDollar product offering
Product offeringCore offering
GoodDollar operates a decentralized blockchain protocol that creates and distributes a reserve-backed digital currency (G$ token) as universal basic income (UBI) to verified members on a daily basis. The multi-chain protocol runs on Ethereum, Celo, Fuse, and XDC, and is delivered through three core products: GoodWallet (mobile wallet for onboarding and claiming), GoodDapp (web interface for protocol interactions), and GoodCollective (smart contract platform for segmented and Conservation Basic Income).
Product overview
GoodDollar is a cryptocurrency protocol that creates free money as a public good through decentralized finance infrastructure. The ecosystem consists of multiple integrated products: the GoodDollar Protocol (core blockchain UBI system on Ethereum, Celo, Fuse, XDC), GoodWallet (mobile e-wallet for claiming and transacting G$), GoodDapp (advanced web3 interface for staking and protocol support), and GoodCollective (smart contract platform for segmented and Conservation Basic Income). The protocol distributes G$ ERC-20/ERC-777 tokens as daily UBI to verified members, backed by reserve donations. Community governance is handled via GoodDAO with GOOD governance tokens. Supporting infrastructure includes Identity contracts for Sybil resistance (via FaceTec face verification), Faucet contracts for gas fee coverage, and OneTimePayments for payment links.
Differentiator
Problem solved
Functional benefit
Brands
- GoodWallet: A simple wallet interface to onboard to GoodDollar, claim daily G$ tokens, and execute G$ payments. Available as mobile application.
- GoodDapp
- GoodCollective
Products and services
- GoodDollar Protocol Decentralized blockchain protocol that creates and distributes free Universal Basic Income (UBI) as G$ tokens to registered members daily. Operates as a multi-chain system on Ethereum, Celo, Fuse, and XDC with a reserve-backed token model funded by corporate supporters.
- GoodWallet Mobile non-custodial cryptocurrency e-wallet for onboarding to GoodDollar. Enables G$ claiming, payments, on-chain transaction tracking, and access to third-party swap/bridge services. Supports BTC, LTC, USDT, USDC, ETH, and various Celo tokens.
- GoodDapp Web3 dApp interface for advanced protocol interactions including G$ staking, swapping to the Reserve, Ethereum staking, and supporting the GoodDollar protocol. Targets power users and liquidity providers.
- GoodCollective Smart contract platform enabling segmented UBI and Conservation Basic Income through targeted payment pools. Allows donors and organizations to create collective pools based on demographic criteria, community membership, or verified climate action via dMRV technology.
- GoodDAO Community governance mechanism enabling decentralized governance of the GoodDollar Protocol. Members can stake G$ to earn GOOD governance tokens and influence protocol parameters and development decisions.
Quantifiable outcome
- 800K+ onboarded members globally
- +3 more outcomes
Companies that use GoodDollar
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles6 records
GoodDollar technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration18 records
AI capability4 records
Feature5 records
GoodDollar partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and supporting.
- CelocorePrimary blockchain network for GoodDollar deployment. G$ tokens use Celo infrastructure including Superfluid streaming. Celo was an initial reserve seed contributor.
- FusecoreBlockchain network hosting UBIScheme contracts and primary GoodDollar operations. Faucet contract deployed on Fuse for gas fee coverage.
- XDCsupportingBlockchain network for reserve and UBI deployment. Initial reserve seed contributor.
- Web3AuthsupportingAuthentication infrastructure partner enabling wallet connection and user onboarding.
- FaceTeccoreProvider of ZoOm 3D face verification technology for GoodDollar's sybil-resistance mechanism. NIST iBeta certified liveness testing.
- Climate CollectivecoreGrant provider for GoodCollective development. Supports climate impact initiatives through GoodCollective platform.
- World Economic ForumsupportingPlatform partner recognizing GoodDollar for financial inclusion initiatives.
- Appropriate DesigncoreCo-creator of GoodCollective platform with GoodLabs. Collaborated on design and development of the direct payments platform.
- TorussupportingWallet infrastructure partner for user authentication and key management.
- UniswapsupportingDecentralized exchange integration for G$ token trading and liquidity provision.
- BalancersupportingLiquidity pool infrastructure for G$ token markets.
- UbeswapsupportingDEX on Celo network for G$ token swaps.
- DAOStacksupportingProvider of DAO governance contracts used in GoodDAO implementation.
- SuperfluidcoreStreaming payments protocol enabling G$ token streaming on Celo network. G$ is a native Superfluid supertoken.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
GoodDollar competitors and assessment
Company assessmentDirect peers
- Celo: Celo is the primary blockchain on which GoodDollar deploys its UBI protocol and reserve contracts, and was an initial reserve seed contributor. Both share a mobile-first, financial inclusion mission for the unbanked, with overlapping user bases in emerging markets. Directly comparable on mission, technology stack, and target demographic.
- Glo Dollar: Glo Dollar is a fully-backed stablecoin that funds public goods through yield donated to charitable causes — a near-mirror of GoodDollar's 'reserve-backed token funding public good' architecture. Both position themselves as 'money as a public good' and target the same crypto-for-impact narrative, serving overlapping institutional donor pools.
- Worldcoin: Worldcoin distributes a free cryptocurrency (WLD) to verified unique humans using biometric (iris) verification — directly analogous to GoodDollar's FaceTec-based face verification + daily token claim model. Both target global identity-verified UBI-style crypto distribution at scale and compete for the same unbanked/crypto-curious demographic.
- Eco: Eco is a crypto financial platform designed for everyday global money use, with cashback rewards and stablecoin-based accounts aimed at financial inclusion. Both Eco and GoodDollar pursue crypto-native financial empowerment for underbanked users with mission-driven token economics.
- Mento (Celo): Mento is the reserve-backed stablecoin protocol native to Celo (cUSD, cEUR, cREAL), whose MentoReserve contract GoodDollar integrates for its own reserve architecture. Directly comparable on stablecoin issuance mechanisms and reserve management approach.
- Reserve Protocol: Reserve Protocol is a decentralized, asset-backed stablecoin platform governed by holders, with a mission to provide inflation-protected money for underserved users. Shares GoodDollar's architecture of reserve-backed digital dollars with crypto-native governance and emerging-market focus.
Broad incumbents
- Stellar Development Foundation: Stellar is an established blockchain purpose-built for cross-border payments and financial inclusion, with deep institutional partnerships in money transfer. Broader and more institutional than GoodDollar, but directly comparable on the financial inclusion mission and emerging-market remittance corridors.
- eToro: eToro is GoodDollar's founding seed reserve funder (eToro co-founder Yoni Assia is a whitepaper author) and a major retail crypto trading platform. A broader incumbent in retail crypto adoption whose strategic partnership and shared ecosystem give it strong comparability on target demographic and crypto onboarding flows.
Emerging players
- GiveDirectly: GiveDirectly is the largest nonprofit operating direct cash transfers to people in extreme poverty, with experimental crypto rails. Represents the traditional cash-transfer UBI counterpart that GoodDollar's blockchain-native model aims to scale and disintermediate.
- Superfluid: Superfluid is the streaming payments protocol whose G$ integration enables continuous token transfers on Celo. Comparable as the underlying Web3 payments infrastructure that GoodDollar leverages for its differentiated UBI distribution mechanics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
GoodDollar social profiles
Digital presenceGoodDollar compliance and trust
Trust signalCompliance1 record
GoodDollar financial estimates
Financial estimateRevenue estimate
Valuation estimate
GoodDollar leadership team
Management profileNumber of profiles
Profiles7 records
GoodDollar funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GoodDollar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GoodDollar
What does GoodDollar do?
GoodDollar operates a decentralized blockchain protocol that creates and distributes a reserve-backed digital currency (G$ token) as universal basic income (UBI) to verified members on a daily basis. The multi-chain protocol runs on Ethereum, Celo, Fuse, and XDC, and is delivered through three core products: GoodWallet (mobile wallet for onboarding and claiming), GoodDapp (web interface for protocol interactions), and GoodCollective (smart contract platform for segmented and Conservation Basic Income).
Is GoodDollar a public or private company?
GoodDollar is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was GoodDollar founded?
GoodDollar was founded in 2020. It employs 11 to 50 people.
Where is GoodDollar based?
GoodDollar is headquartered in London, United Kingdom, in the Europe region.
How does GoodDollar make money?
Three revenue lines are on record. Donations and Corporate Sponsorship is the primary driver. The others are network Fees (GoodCollective) and 100% Mission-Driven Token Model.
Who are GoodDollar's main competitors?
Direct peers on record are Celo, Glo Dollar, Worldcoin, Eco, Mento (Celo) and Reserve Protocol. Broad incumbents are Stellar Development Foundation and eToro. Emerging players are GiveDirectly and Superfluid.
Does GoodDollar have an API?
Yes. GoodDollar exposes SDKs for developers to integrate UBI claiming, identity verification (Sybil resistance), and G$ token interactions. Available SDKs include: @goodsdks/citizen-sdk (npm), @goodsdks/identity-sdk/wagmi-sdk (Wagmi/React), @goodsdks/identity-sdk/viem-claim-sdk (Viem), and @goodsdks/identity-sdk/ethers-v5-react (Ethers v5/React). The Identity SDK provides methods including getWhitelistedRoot, getIdentityExpiryData, generateFVLink, submitAndWait, and calculateIdentityExpiry. The Claim SDK provides checkEntitlement, claim, nextClaimTime, and getDailyStats methods. Developers can interact with smart contracts on Ethereum, Celo, Fuse, and XDC networks via these SDKs. Documentation available at docs.gooddollar.org/for-developers/apis-and-sdks. Developer documentation is at docs.gooddollar.org/for-developers/apis-and-sdks.
What industry is GoodDollar in?
GoodDollar's product category is Blockchain-based Universal Basic Income Protocol. Its primary akta.pro industry code is FSAPAEAB, Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption), with a secondary code of FSAGAMAD, On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury). Its NAICS code is 522320 and its SIC code is 6199.