SocialGood has already acquired a number of listing consents from exchanges, on which, with these consents, SocialGood will be officially listed within a week or so immediately after the Social Good Foundation Inc.expresses the listing requests formally.
Social Good Foundation filed Form D with the SEC on April 18, 2018, local time, in the United States.
- Token name: SocialGood
- Token abbreviation: SG
- Issuarance number for Token Sale: 6,800,000 SocialGood
- Hard Cap: USD $500 Million equivalent.
- Settlement currencies at time of token sale: ETH, BTC, USD
- Minimum purchase at time of token sale: 1 SocialGood
- Maximum purchase at time of token sale: No limit
- SocialGood issuance number: 8,770,000 SocialGood
SocialGood is developed with ERC-20 (Ethereum Request for Comments: Token Standard #20) based on Ethereum.Tokens have a function as membership rights. You can join the Social Good Ecosystem™ by purchasing tokens. Please see the Whitepaper for details
Token sales price （pre-sale price） is set every week as presented in the following table. It is set to increase gradually. At the end of December 2018 (that is the end of the sales period), the ICO price is 1SocialGood = USD $100.
The Social Good Foundation Inc. can issue tokens within the issuance upper limit after the token sale based on the growth of the ecosystem (issuance upper limit: 21 Million SocialGood).
The token allocation plan, in the meantime, is based on the maximum issuance number in the situation in which token issuance and allocations for partners (such as alliance companies, franchising companies, and technology development partner companies) are smoothly processed.
Any unsold and unallocated tokens will be cancelled. The allocations for partners, however, are to be determined in accordance with the purpose of ecosystem development within the limit of the token issuance number, free from the bounds of the sales period.