September 8, 2020 — Multi-asset investment platform, eToro, is excited to announce that it has launched GoodDollar: a non-profit initiative that leverages decentralized finance to offer a protocol for distributed basic income. First proposed at Web Summit 2018, the concept has since advanced into a working economic model, wallet, and digital basic income coin that was launched this week. The launch of GoodDollar means that anyone with an internet connection and phone number can receive its native crypto asset, G$, store it in the GoodDollar wallet, and transact. A pool
Two-sided marketplaces are more than a smart business model. These platforms can democratize access and promote widespread economic inclusion in previously inaccessible markets. They have worked wonders in myriad verticals already — e.g., stock exchanges — and the world of digital asset liquidity may now be fertile ground for this business model.Successful new platforms bring together buyers and sellers who would otherwise be unable to connect, creating entirely new value streams for sellers who capture more revenue. Meanwhile, buyers gain access to new capabilities, creating a win-win for everyone involved.
In the following article, “Digix” refers to the project in general, “Digix Global” refers to the team behind Digix, and “DigixDAO” refers to the DAO structure governed by DGD token holders. “Treasury” refers to the DAO’s spendable Ether that was raised in the ICO. In January, the Digix community (DGD token holders) were given a chance to vote for the project’s dissolution and will walk away with the project’s Treasury proceeds. Parties who took risk on DGD and closely followed the vote technicals were able to attain as much as