• SocialGood App offers users the opportunity to earn crypto by buying.
• SocialGood app allows you to earn high stakes rewards.

SocialGood App lets users earn SocialGood crypto assets free of cost by shopping with over 1 800 online merchants. It also features Shopping Mining, which allows users to buy and get SocialGood cryptoback.

They reached 600,000. In December 2021, they had 1.6 million active users. SocialGood decided to increase the stake reward rate for platinum users from 10% to 15% to commemorate the app’s immense success.

According to SocialGood’s Zendesk (NYSE:), the Staking Reward rate to commemorate this achievement will be applied as follows:

• It applies to: Members who are Platinum in the SocialGood App Staking Reward Membership Program.
• Campaign Rate: 15% Annual Percentage Yield (previously, 10% Annual Percentage Yield).
• Campaign Period: Jan. 26, 2022 – end date TBD.

Due to such an increase in membership, SocialGood decided to make the following modifications to prevent and combat fraud.

Only withdrawals from the SocialGood App are possible to wallets connected to the app. Gas fees and network fees will also be charged to users. The CoinMarketCap API calculates this fee. After that, users can withdraw the SG amount, minus any fees.

To date, over 90% of the App’s users don’t withdraw their SG immediately. It is instead kept in the app for a longer time which increases their stake rewards. Social Good Foundation Inc. is aiming to build the world’s largest Global platform and provide financial freedom to all people worldwide through their SocialGood App.

More App users will earn more assets if they shop more. SocialGood App intends to be the top-selling mobile app worldwide. The app will also have an increase in partnership with large companies all over the world. This will allow it to make the app even more valuable.

According to GlobeNewswire the majority of people worldwide don’t possess any assets or valuable resources that will provide them with a future benefit. These people lose their money every day by spending on daily necessities. They are therefore not in position to create future assets. Asset owners and shareholders who make a profit by consumers can increase their long-term assets’ value through dividends from the company and stock appreciation. An average 6.2% annual increase in global stocks means that an investment could grow by approximately 6.1x over 30 years. Capitalism makes it possible to widen the economic divide between the wealthy few and the poor who have no assets.

SocialGood created their app to solve these societal problems and challenge the way capitalism works, therefore it’s a service which will allow consumers to gain assets form their usual, everyday shopping, instead of just essentially “losing” money with every purchase made.

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