**This page is not a FAQ for the SocialGood Refer-A-Friend Competition or Sign-up Bonus (from Nov 2020). This information only applies to campaigns in or prior to 2019.**
⭐️Q1: When will the tokens be distributed and what about tokens I already have in my account?⭐️
All tokens will be distributed in the order at which such applications were received.
In accordance with the SG listing, the following change to the token contract was made to adjust the circulation value to a size that matches the market environment:
Old contract: 0x9ede87077078aee6eaaa96cbee47726a85c7c161
New contract: 0xddf7fd345d54ff4b40079579d4c4670415dbfd0a
The tokens of everyone who participated in the Airdrop and Ambassador program were calculated at the rate of 1SG=US$10, just as we had done before, and it was designed in a way so that when the rate becomes 1SG=US$10, it can be moved to an exchange or sold.
Therefore, the number of tokens distributed will not change.
To find about the exact distribution timing, please refer to this article:
Q2: When can I sell the airdrop tokens?
When we list, our listing price will be 1 SG= $0.10. When 1 SG= $10, tokens distributed for the Airdrop will be unlocked and then can be sold on exchanges.
For details about our token's distribution strategy, please refer to Chapter 4 of our whitepaper: https://socialgood-whitepaper.com/chapter4/
Q3: What about old tokens? Is there anything I need to do?
Old tokens are not transferable and cannot be bought or sold. If you already have old tokens in your account, you don't have to do anything to receive new tokens. We will send it to you later!