Description
Good Money is a transformative customer-owned banking platform that stands out by offering equity to its customers, thereby giving them a direct stake in the institution. It aims to revolutionize the banking sector by utilizing blockchain technology to offer secure, no-fee banking services, high-yield savings accounts, and prioritizing ethical financial practices. Good Money commits to environmental and social responsibility by pledging 50% of its profits to projects focused on climate change and social equity, and it empowers its users with decision-making capabilities through voting on profit investment avenues. The platform distinguishes itself in the web3 ecosystem by aiming to be “the first global alternative to fiat and fee-based banking,” addressing common barriers to cryptocurrency adoption such as poor user interfaces, suboptimal market strategies, and the lack of experience in building scalable direct-to-consumer brands. It plans to introduce a stable coin pegged 1–1 to fiat, accompanied by a multicoin wallet, and an exchange service for fiat and crypto pairing without banking fees. This approach includes the use of Smart Contracts, Blockchain 3.0 technology, Stableco...
Good Money is a transformative customer-owned banking platform that stands out by offering equity to its customers, thereby giving them a direct stake in the institution. It aims to revolutionize the banking sector by utilizing blockchain technology to offer secure, no-fee banking services, high-yield savings accounts, and prioritizing ethical financial practices. Good Money commits to environmental and social responsibility by pledging 50% of its profits to projects focused on climate change and social equity, and it empowers its users with decision-making capabilities through voting on profit investment avenues. The platform distinguishes itself in the web3 ecosystem by aiming to be “the first global alternative to fiat and fee-based banking,” addressing common barriers to cryptocurrency adoption such as poor user interfaces, suboptimal market strategies, and the lack of experience in building scalable direct-to-consumer brands. It plans to introduce a stable coin pegged 1–1 to fiat, accompanied by a multicoin wallet, and an exchange service for fiat and crypto pairing without banking fees. This approach includes the use of Smart Contracts, Blockchain 3.0 technology, Stableco...
