4. Token Economy
Last updated
Last updated
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.
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.
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.
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.
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.