Good Token Whitepaper
  • 1. Introduction
    • 1-1. Background
    • 1-2. Problem Recognition
    • 1-3. Direction for Improvement
  • 2. Good Token Project
    • 2-1. Solution
    • 2-2. Project Goals
    • 2-3. Project Features
  • 3. Token Information
  • 4. Token Economy
  • 5. Roadmap
  • 6. Team
  • 7. Disclaimer
Powered by GitBook
On this page

4. Token Economy

Previous3. Token InformationNext5. Roadmap

Last updated 1 year ago

GOOD Token’s token economy aims to combine practicality with charitable business. As a result, GOOD Token users can utilize the tokens at various outlets or participate in activities motivated by charitable business.

  1. GOOD Market

  • Product Purchase: Users can purchase a variety of goods and services at the GOOD Market using GOOD Tokens. This establishes the token's practical value.

  • Discounts and Promotions: Additional discounts or special promotions can be offered to customers using GOOD Tokens, encouraging consumption of the token and highlighting the advantages of holding it.

  • Partnerships and Integration: Through partnerships with other product or service providers, GOOD Tokens can be expanded as an additional payment method.

  1. Online Platform

  • Reward System: Users receive GOOD Tokens as rewards for certain actions within the app (e.g., writing reviews, referrals, participation in activities), enhancing app engagement and encouraging continuous involvement.

  • Premium Feature Unlock: Certain advanced features can be accessed only by paying with GOOD Tokens, adding additional utility to the token.

  • Ad Skip: Users can use GOOD Tokens to skip ads or enjoy an ad-free app experience.

  1. Local Commerce Utilization

  • Small Business Discounts: GOOD Tokens can be used for special discounts or events offered by small businesses or local enterprises, supporting the revitalization of local commerce and expanding token utility.

  • Advertising Support: Small businesses or local enterprises can pay with GOOD Tokens to promote their businesses within the app.

  1. Other Uses

  • Donations: Users can directly donate GOOD Tokens to support activities for underprivileged children and low-income communities, linking social responsibility with the positive impact of the token.

  • Voting and Suggestions: GOOD Tokens can be used for voting on decisions about the future direction of the GOOD platform, new features, partnerships, etc., supporting community-driven development.

  • GOOD Token, through these various use cases, secures practical value and demand. The token economy is expected to grow and expand continuously, thereby providing value to both users and partners.