About Token Sale

Token overview

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.

Use of funds
Breakdown of the usage of funds from the ICO (token sale) sale is as shown below.

Use of funds

73%: Funding for ecosystem expansion and SocialGood price maintenance and liquidity assurance (allotments to new business partners in each country, such as alliance companies and Managing Companies, PR to raise awareness, collaborations with cryptocurrency exchanges in each country, funds so companies can purchase their own tokens.)
15%: Allotments to consortium initial franchise companies and administrative offices and operation of global locations
10%: Expenses for outsourcing to major technology companies and for research and development
2%: Intellectual property and legal and regulatory compliance

Token holding percentages

78% to purchasers of token via sales, 14% to the team and partners, and 9% to Ambassador Program users.

Pre-Sale Bonus

Now, the price is USD 71, pre-sale price. It means you can get 40% bonus (*1) by the end of 23rd of September.
(*1) (USD100, the ICO price)/USD71=1.40. +40%!

Selling conditions and price (Token Bonus Structure)

The ICO sale price is 1 SocialGood = USD 100. Pricing of the pre-sale is set such that the earlier you join the Social Good Ecosystem™, the more advantageous the pricing is.
There is an upper sales volume limit for each round. Buy early before the supply of SocialGood runs out for each round!

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