SocialGood: e-Shopping for Crypto-back
16 März 2022 - 11:20AM
NEWSBTC
Today it is common for retailers to offer cash-back as a marketing
strategy to attract online shoppers. Working with merchants and
implementing a variety of techniques, cash-back companies give
competitive rewards for retail transactions to incentivize more
spending. Among those merchants is the SocialGood App who currently
has 1.85 million users around the world. THE SOCIALGOOD APP
Currently the SocialGood App holds the highest reward rates of any
crypto back service worldwide. SocialGood makes it easy to earn
crypto rewards from your usual shopping, so you can get more free
cryptocurrency gains. SocialGood is a blockchain initiative that
aims to rebuild capitalism as we know it by creating a donation
machine that combines blockchain and artificial intelligence. The
app can be downloaded on Google Play for Android and Apple Store
for iPhones, and by using it, users could receive up to 100% of
their purchase back in crypto. This will be reflected within a few
days after SocialGood has received confirmation of your purchase
from any of its affiliated shops. It’s as easy as 1,2,3! One,
download the app. Two, shop from your favorite stores through the
app. Three, earn up to 100% back in crypto rewards. It’s like
shopping for free. In addition, you get a $30 sign up bonus if you
join now. EARN CRYPTO BACK THROUGH THE APP Buy what you like with
FIAT currency: The first step for users is to choose the FIAT
payment method they prefer (Credit or Debit Card, PayPal, etc.),
then shop like usual and make their purchases. Then based on that
purchase, get up to 100% crypto back, up to $10,000, per purchase.
Get Crypto & Products After approximately one month, the users
receive up to $10,000 in crypto back from their shopping. The
crypto they receive is known as SocialGood (abbreviated to SG).
Through shopping with the app, they receive up to 100% of the
purchase price (crypto back will be reflected in the app after
purchase confirmation is received from the online store). It is
important to remember that the maximum amount per purchase is
capped at $10,000 in crypto back, however, users can make as many
purchases as they like. Withdrawing the Crypto earned SG can be
withdrawn after the partner company approves the purchase (this
process takes around one month). To know the value of the crypto
back earned, users can look on Bittrex, BitMart, and Uniswap where
SG is listed, as well as by checking the price on Coinmarketcap and
Coingecko. To understand how the price is calculated, there is an
explanation below: SG has a supply cap, similar to Bitcoin, which
means that as the number of holders rises the value can rise as
well. Then, how much will the value rise if the number of holders
increases? Let’s analyze based on objective data (see here for more
details).One thing to keep in mind is that there is a maximum
amount per purchase – $10,000 – but you can make as many purchases
as you like. By doing everyday shopping, users as consumers can
build up their assets at no cost to them. The more the company’s
sales increase, the more users increase, and the core value of the
assets tends to rise. As a result, when consumers shop from their
retail partners through the network, they are given a portion of
their purchase price in SG digital assets for free. ADDITIONAL
BENEFITS The SocialGood App is user friendly and super easy for
anyone to use, it introduces the cryptoverse to the average person
who may not be familiar with crypto assets, cryptocurrencies and
the like, in a very straightforward manner. In the Social Good
Ecosystem™, the more users purchase products, the more they
increase their assets, and at the same time automatically
contribute to society. Since the launch of their service in
March 2019, over 1.85 million users have joined the app. Companies
such as Aliexpress, BestBuy, Cole Haan, eBay, and Booking.com are
in this ecosystem and in total partnerships have been secured with
over 1,860 major companies internationally as of the end of May
2020. SocialGood has provided cryptoback to all users who have made
purchases on the app when they’ve met the cryptoback terms and
conditions. By putting partner companies on the App, the operating
company is able to receive advertising revenue from their business.
As the partner companies are happy to have a new way of increasing
their customer base, users are able to partner with more companies
daily. The SocialGood App is available on iOS and Android For more
information on the SocialGood referral program, follow this link.
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