Taking GoodDollar to the Next Level: Introducing the V2 Protocol

The biggest challenge in launching a crypto Universal Basic Income is making certain the system is not only worthy but sustainable.

“We have a fundamental belief that there are enough people who care not only about doing well for themselves, but care about doing good for others as well. – — -Gooddollar whitepaper

Achieving this is what the GoodDollar V2 protocol is all about: creating an impact economy that makes placing your money in the service of others not only socially and ethically rewarding, but financially attractive too.

The rise of DeFi has democratized a vast array of financial products and services. It has enabled thousands of communities across the globe to explore new ways to compound different types of assets, all with the aim of maximizing yields while minimizing risks. The protocols these groups have built boast different value proposals and risk profiles, and are generating wealth for thousands upon thousands (soon million and billions) of individuals.

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Note that this article was first published on GoodDollar.org on October 27, 2021