Convert and Swap GoodDollar G$ to United States Dollar USD
G$/USD: 1 GoodDollar equals $0.000054 USD
GoodDollar (G$) is not tradable on Coinbase.
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Last update: 6:11 PM, December 24, 2024
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GoodDollar market latest
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GoodDollar is falling this week.
The current price of GoodDollar is $0.000054 per G$. With a circulating supply of 0 G$, it means that GoodDollar has a total market cap of $0.00. The amount of GoodDollar traded has risen by $8.15 in the last 24 hours, which is a 20.35% increase. Additionally, in the last day, $40.06 worth of G$ has been traded.
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About GoodDollar
GoodDollar (G$) is a digital token that aims to provide a form of universal basic income (UBI) to its registered users. It operates on a unique model where the token is backed by a reserve, initially in the form of DAI, a stablecoin. The UBI model is sustained by supporters who deposit underlying assets onto the platform and then yield farm on supported DeFi protocols. A portion of the accrued yield is returned to supporters, with the rest collateralized for new G$ tokens that are distributed each day. GoodDollar is a non-profit initiative funded by donations, and it does not perform an Initial Coin Offering (ICO). The G$ tokens are distributed for free to registered users, aiming to provide a sustainable flow of free cryptocurrency to people most in need of access to capital and an onramp to the digital economy.
GoodDollar operates as a wrapper of other protocols, allowing earnings generated in those protocols to be directed to fund the GoodDollar UBI ecosystem. Its flexible design enables it to wrap any DeFi protocol, enabling DeFi users to choose their preferred repository and direct their capital towards supporting UBI for all. The GoodDollar protocol presents a community-driven, distributed framework designed to generate, fund, and distribute global basic income via the GoodDollar token (G$). G$ is an ERC-20 digital asset built on the Ethereum blockchain that operates within the emerging ecosystem of decentralized and open finance.
GoodDollar aims to address wealth and income inequality, one of the greatest threats to the future of humanity. It seeks to provide a sustainable flow of free cryptocurrency to people most in need of access to capital and an onramp to the digital economy. The protocol aims to offer incentives to all who hold G$, whether they choose to participate as supporters of basic income or to claim G$ as daily UBI. This fosters a “trickle-up” basic income economy that focuses on wealth creation rather than wealth redistribution. The model creates an economic framework that aligns financial incentives with an accessible distribution method.
GoodDollar was conceived with the vision of providing a global UBI powered by cryptocurrency. The primary purpose of the GoodDollar project is to bring hundreds of millions of financially underserved individuals into the digital economy and address systemic inequity in the global economy. The project has seen new wallets created in countries like South Africa, Nigeria, and Venezuela. The GoodDollar protocol presents a community-driven, distributed framework designed to generate, fund, and distribute global basic income via the GoodDollar token. The system is built to accommodate scale, whereby the value and utility of G$ to its holders increases as more supporters, recipients, and merchants join the GoodDollar network.
How GoodDollar and United States Dollar differ
GoodDollar (G$) and the US Dollar (USD) are two distinct forms of currency, each with their unique characteristics. The USD is a traditional fiat currency, regulated by the Federal Reserve, and is widely accepted as a medium of exchange globally. On the other hand, GoodDollar is a digital token that operates on the Ethereum blockchain, aiming to provide a form of universal basic income (UBI) to its registered users. Unlike the USD, which is centrally controlled, GoodDollar is a decentralized currency, backed by a reserve initially in the form of DAI, a stablecoin. GoodDollar's UBI model is sustained by supporters who deposit underlying assets onto the platform, with a portion of the accrued yield returned to supporters and the rest collateralized for new G$ tokens. While the USD is earned through work or trade, G$ tokens are distributed for free to registered users, striving to provide a sustainable flow of free cryptocurrency to those most in need of access to capital. GoodDollar's flexible design enables it to wrap any DeFi protocol, allowing earnings generated in those protocols to fund the GoodDollar UBI ecosystem. This contrasts with the USD, which does not have such a feature. GoodDollar aims to address wealth and income inequality, a mission not directly associated with the USD.
Frequently asked questions
How much is 1 GoodDollar in USD?
Right now, 1 GoodDollar is worth about $0.000054.
How much G$ could I buy for 1 USD?
Based on the current rate, you could get 18,505.88 G$ for 1 USD.
How much has the price of GoodDollar changed?
GoodDollar price has been on the rise. Since yesterday, the exchange rate of GoodDollar has increased. Since last month, the exchange rate of GoodDollar has decreased. Since this time last year, the price of GoodDollar has decreased.
How do I calculate or convert G$ to USD?
You can use our G$ to USD calculator at the top of this page to convert any amount of G$ to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 92,529.42 G$. Inversely, 5 G$ will cost about $0.00027
How can I buy 1 GoodDollar on Coinbase?
GoodDollar can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy GoodDollar.
What are assets similar to GoodDollar that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to GoodDollar, including Volare Network, Shih Tzu, and BTCDOWN. For a more robust list of assets to explore, jump to the asset page dedicated to GoodDollar.
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Popular GoodDollar conversions
A selection of other popular currency conversions of GoodDollar to various fiat currencies.
G$ to United States Dollar conversion tables
The exchange rate of GoodDollar is increasing.
The current value of 1 G$ is $0.00 USD. In other words, to buy 5 GoodDollar, it would cost you $0.00 USD. Inversely, $1.00 USD would allow you to trade for 18,505.88 G$ while $50.00 USD would convert to 925,294.19 G$, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.82%. Meanwhile, in the last 24 hours, the rate has changed by 1.12%, and that the the highest exchange rate of 1 G$ to United States Dollar was $0.000055 USD and the lowest 24 hour value was 1 G$ for $0.000053 USD. This time last month, the value of 1 G$ was $0.00 USD, which is a 4.1% increase from where it is now. Looking back a year, GoodDollar has changed by $0.00 USD. That means that in a single year, the value of GoodDollar has shrank by 10.51%.
G$ to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.000053 USD | 1.12% | $0.000055 USD | -1.82% | $0.000057 USD | -4.10% | $0.000061 USD | -10.51% |
G$ to USD
Amount | Today at 6:11 pm |
|---|---|
0.5 G$ | $0.000027 |
1 G$ | $0.000054 |
5 G$ | $0.000270 |
10 G$ | $0.000540 |
50 G$ | $0.002702 |
100 G$ | $0.005404 |
500 G$ | $0.027018 |
1,000 G$ | $0.054037 |
USD to G$
Amount | Today at 6:11 pm |
|---|---|
0.5 USD | 9,252.94 G$ |
1 USD | 18,505.88 G$ |
5 USD | 92,529.42 G$ |
10 USD | 185,058.84 G$ |
50 USD | 925,294.19 G$ |
100 USD | 1,850,588.37 G$ |
500 USD | 9,252,941.85 G$ |
1,000 USD | 18,505,883.71 G$ |
Today vs. 24 hours ago
Amount | Today at 6:11 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 G$ | $0.000027 | $0.000027 | +1.12% |
1 G$ | $0.000054 | $0.000053 | +1.12% |
5 G$ | $0.000270 | $0.000267 | +1.12% |
10 G$ | $0.000540 | $0.000534 | +1.12% |
50 G$ | $0.0027 | $0.0027 | +1.12% |
100 G$ | $0.0054 | $0.0053 | +1.12% |
500 G$ | $0.0270 | $0.0267 | +1.12% |
1,000 G$ | $0.0540 | $0.0534 | +1.12% |
Today vs. 1 month ago
Amount | Today at 6:11 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 G$ | $0.000027 | $0.000028 | -4.64% |
1 G$ | $0.000054 | $0.000057 | -4.64% |
5 G$ | $0.000270 | $0.000283 | -4.64% |
10 G$ | $0.000540 | $0.000567 | -4.64% |
50 G$ | $0.0027 | $0.0028 | -4.64% |
100 G$ | $0.0054 | $0.0057 | -4.64% |
500 G$ | $0.0270 | $0.0283 | -4.64% |
1,000 G$ | $0.0540 | $0.0567 | -4.64% |
Today vs. 1 year ago
Amount | Today at 6:11 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 G$ | $0.000027 | $0.000030 | -10.98% |
1 G$ | $0.000054 | $0.000061 | -10.98% |
5 G$ | $0.000270 | $0.000304 | -10.98% |
10 G$ | $0.000540 | $0.000607 | -10.98% |
50 G$ | $0.0027 | $0.0030 | -10.98% |
100 G$ | $0.0054 | $0.0061 | -10.98% |
500 G$ | $0.0270 | $0.0304 | -10.98% |
1,000 G$ | $0.0540 | $0.0607 | -10.98% |
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