Bitcoin News and Finance
Crypto E-Commerce Giant Shopping.io Supports eToro Social Impact Non-Profit, GoodDollar Skip to main content

Crypto E-Commerce Giant Shopping.io Supports eToro Social Impact Non-Profit, GoodDollar

Crypto E-Commerce Giant Shopping.io Supports eToro Social Impact Non-Profit, GoodDollar

PRESS RELEASE. Shopping.io – Los Angeles, CA the premier crypto E-commerce platform will donate $50,000 to eToro’s flagship corporate social responsibility project GoodDollar, a non-profit initiative that distributes free crypto-based universal basic income (UBI) as part of its mission to onboard and educate the next billion digital assets users.

Shopping.io’s $50,000 donation will be used to support the blockchain-based fund that sustainably mints and distributes digital basic income every day to more than 250,000 members in over 180 countries. GoodDollar stands apart for its scalable and sustainable approach to generating a crypto-based UBI, that leverages the principles of impact investing to enable financial supporters to earn rewards while using their crypto for good to fund a social project. Shopping.io’s $50,000 donation will be locked in the sustainable donation basic income fund, a smart contract that donates with all earned interest donated back to beneficiaries as basic income. This makes Shopping.io’s one-time gift a “sustainable donation” that will be used to create digital basic income, in crypto-asset GoodDollar (G$), for forever. Shopping.io is the first company to make a philanthropic donation to support the GoodDollar protocol: all funds will be used to fortify the basic income fund that benefits GoodDollar members, and not for operational expenses.

Starting June 4th, GoodDollar members will also be able to spend their G$ tokens on Shopping.io’s E-commerce platform and make Amazon (US, UK, CA + DE), Ebay, and Walmart purchases using them. Through Shopping.io, GoodDollar members will now be able to use their GoodDollar tokens to shop for basic necessities and everyday items, marking a key milestone for the project and its members. Now, those who benefit the most from GoodDollar’s daily UBI distribution can spend their GoodDollars on toilet paper, toothpaste, emergency supplies, etc. on Shopping.io’s platform. The GoodDollar and Shopping.io collaboration has multiple synergies, with the $50,000 donation used to mint more GoodDollars, which then can be used on Shopping.io’s platform.

“We are honored that the team at Shopping.io has recognized the critical role GoodDollar plays in advancing the digital assets market and onboarding millions of new users to digital assets who otherwise would be left behind. We are gratified by their generous donation, which will be used to fund free digital currency for generations to come,” said Yoni Assia, GoodDollar Founder and co-founder and CEO of eToro.com. “My hope is that it inspires other crypto-philanthropists, entrepreneurs and companies to use their crypto to advance more economic empowerment for all, with reducing financial inequality within digital assets as the goal,” he said.

The collaboration offers Shopping.io a unique introduction to the larger ecosystem of eToro and its customers, while doing good for GoodDollar’s members and the digital asset ecosystem at large. “We loved what GoodDollar was doing and wanted to help in any way we could, so we decided on this impact-driven model which I believe will bring a lot of benefit to both sides,” said Arbel Arif, Founder and CEO of Shopping.io.

With a shared vision that e-commerce and consumption are critical pathways to drive crypto adoption towards the mainstream, Shopping.io and GoodDollar are thrilled to announce this partnership which has the potential to financially benefit the spending power of millions across the globe.

 

About GoodDollar

GoodDollar.org is a non-profit initiative driven to advance financial education and empowerment through free distribution of cryptocurrency. It does this via advancing the GoodDollar protocol, which uses free market forces to create a sustainable and scalable framework for a crypto-based universal basic income. Through creating a free, easy-to-access stream of digital currency GoodDollar offers real people a low-risk and free way to begin to experiment and benefit from digital assets. The project was founded by Yoni Assia, the co-founder and CEO of eToro, the social investment platform with over 20 million registered users. eToro has financed the GoodDollar project as part of its corporate social responsibility initiatives.

 

About Shopping.io

Shopping.io is the first INTERNATIONAL crypto E-commerce onboarding and fulfillment service. We are the bridge behind crypto and retail. Have the freedom in how you pay when you shop online using your favorite crypto currencies on the Shopping.io platform. We are the only company in Crypto that allows you to purchase from major e-commerce hubs on a global scale while revolutionizing how you purchase online with your Crypto. We believe in the power of giving the Crypto industry absolute freedom when it comes to E-commerce. Have the power to choose how you spend your Crypto with Shopping.io.

To enjoy discounts and free international shipping you can purchase with Shopping.io native tokens $SPI and $GSPI. Both $SPI and $GSPI are utility tokens. https://beta.shopping.io/foundation

This partnership marks a huge step forward between Shopping.io and the eToro ecosystem as we look forward to paying it forward to men and women in need worldwide.

Twitter https://twitter.com/shopping_io

Instegram https://www.instagram.com/shopping.io_official/

Telegram https://t.me/shoppingio

Dicord https://discord.gg/4dG2bM2​

Facebook https://www.facebook.com/shopping.io

Reddit https://www.reddit.com/r/Shopping_io/

Linkedin https://www.linkedin.com/company/shopping-io/

Tiktok https://www.tiktok.com/@shopping_io

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory