Thank you for your continued use of the SocialGood App and for supporting the SocialGood Project.
As you may already know from coverage on major media sites such as MarketWatch, Seeking Alpha, and Morningstar, SocialGood Inc. has raised $14.2 million in Series A funding from a venture capital firm. This is the largest amount raised by any Japanese crypto company.
SocialGood App Raises $14.2M For Patented Crypto Back Platform
In addition, thanks to everyone we have now surpassed 1.85 million users.
As SocialGood App continues to grow, we have implemented eKYC (verification process) as a part of the withdrawal procedures due to the increased importance of compliance.
It's a very reliable system, similar to ones introduced by major companies in the crypto industry.
Please read this article to find out more about the new withdrawal process:
How can I withdraw the SG I got through crypto back?
As with current withdrawals, temporarily you can withdraw up to US$500 of Approved SG acquired via shopping*. In addition, the current minimum withdrawal amount of US$300 will also be removed with the introduction of eKYC. (Added: March 14)
We announce the latest information about the app via our official Twitter so SocialGood App users should make sure to follow us to keep up-to-date.
We hope that you will continue to support the SocialGood Project.
* We have set a maximum withdrawal limit of US$500 total within a certain period. The SG that can be withdrawn at this time is limited to the Approved SG acquired by shopping, and if there is SG that has been withdrawn past, that amount is subtracted from the total shopping SG you have earned to determine the current amount that you can withdraw. This limit changes often depending on the situation. Check the Withdraw SG menu in the SocialGood App for the latest status.