Introduction
Do Good Coin is a cryptocurrency which incentivizes positive change in the real world.
While Do Good Coin has every utility of a cryptocurrency, it’s more about what it inspires you to do. This is an intention-based coin – meaning that those who use it will be reminded to “pay it forward.”
Do Good Coin is a coin with intention. The biggest value isn’t in the coin, but what it inspires people to actually do.
We seek to merge technical utility with human utility.
Problems Do Good Coin Solves
If a coin doesn’t solve a problem, there is no reason to use it.
A coin must solve a problem (or problems) in order to be used and adopted by any number of people.
Do Good Coin solves several problems in unique ways..
Bridging Between Worlds
Do Good Coin bridges the gap between the digital and physical world.
Every time someone sees the name Do Good Coin, it’s a reminder to “do good” in the real world. This might be inspiring an idea for a world changing non-profit organization, or as simple as holding the door for someone.
Antidote To Greed
Money is a medium of exchange. It’s a means of getting something.
Do Good Coin creates awareness around the use of wealth.
It invites users to answer the question, “What am I going to do with my wealth?”
So instead of focusing solely on monetary value, Do Good Coin stimulates awareness around purpose, service and helping others.
A Crypto For Non-Techies
Do Good Coin is simple to use.
The goal isn’t to be the most technologically sophisticated, but to facilitate real world change and spread love.
That’s a concept that anyone can understand and get behind.
Rewards “Human Utility”
Do Good Coin incentivized and rewards human utility. It incentivizes the spread of positivity. It incentivizes being of service to others.
The ability to transform the lives of others, even through simple acts of kindness, is “human utility.”
Potential Coin Uses
The potential use cases of Do Good Coin are vast.
Some of the potential use cases of Do Good Coin include:
- Tipping
- Donations
- A lighthearted way to get into the crypto world
- Value exchange – Do Good Coin has all of the basic utilities of any other cryptocurrency. So it can potentially support any kind of value exchange.
- Speculation – Although this is not the goal, value speculation will bring more awareness to the mission of incentivizing positive change in the real world.
- Funding – Helping to fund other creators in creating their world-changing projects
Technical Details
Parameters
- Ticker symbol = DOGOOD
- Total number of coins = 7,777,777
- Underlying platform = BitShares
Do Good Coin is a meta-token created on the BitShares platform.
Benefits Of Building On The BitShares Platform
Do Good Coin enjoys all of the benefits of being built on the BitShares platform.
The BitShares blockchain has the highest transaction capacity in the world. Therefore, the underlying technology of Do Good Coin is incredibly robust.
Below is an excerpt from the BitShares website…
Transferable Named Accounts – Easy and secure transactions
Named accounts enable users to easily remember and communicate their account information. We don’t use IP addresses to browse the internet or numbers to identify our email, so why shouldn’t we have human-friendly account names for our financial transactions?
Delegated Proof-of-Stake Consensus – A robust and flexible consensus protocol
Delegated Proof of Stake (DPOS) is the fastest, most efficient, most decentralized, and most flexible consensus model available. DPOS leverages the power of stakeholder approval voting to resolve consensus issues in a fair and democratic way. All network parameters, from fee schedules to block intervals and transaction sizes, can be tuned via elected delegates. Deterministic selection of block producers allows transactions to be confirmed in an average of just 1 second. Perhaps most importantly, the consensus protocol is designed to protect all participants against unwanted regulatory interference.
Read the full BitShares Whitepaper here for a detailed breakdown of the underlying blockchain technology Do Good Coin is built upon.
Planned Methods of Distribution
Below is a list of the planned methods of distribution for Do Good Coin…
- Gifting
- Partnerships
- Random Acts Of Kindness Mining
Gifting
Do Good Coin is positioned to embody the spirit of gifting.
Because of this, coins will be gifted to people as a method of distribution.
We call this an ICG, or Initial Coin Gifting.
Partnerships
Do Good Coin will also be distributed via partnerships.
These will be organizations and individuals who are making a positive impact on the world. Our partners will receive Do Good Coin, so that they can then pay it forward on a larger scale.
Current Partners:
- The Conscious Creative Tribe Podcast
- Let’s Imagine
- FeelinGoodFeelinGreat.com
- CKMJ Group
- The Living Lighthouses Project
Random Acts Of Kindness Mining
Instead of a traditional mining model, Do Good Coin will be able to be mined in a unique, lighthearted manner, called “Random Acts Of Kindness Mining.”
Essentially, people can share a random act of kindness, or a story about a random act of kindness, on social media. And by using specific hashtags and submitting their posts, they will in turn “earn” Do Good Coins.
The purpose of this method of distribution is to embody the main purpose of Do Good Coin – incentivizing positive change in the real world.
Conclusion
Do Good Coin is a revolution of consciousness around wealth.
It incentivizes positive change in the real world.
The platform it is built upon – BitShares – is the most optimal platform to build on top of. And the distribution methods will facilitate a widespread usage of Do Good Coin and the intentionality behind it.
Get Do Good Coins For Free
As stated above, Do Good Coin is being given away for free!
Here is where to get Do Good Coins: https://www.feelingoodfeelingreat.com/dogood/
Now, we’ll leave you with a question…
How will you do good?