Regarding the Campaign held before SG listed, when will the SocialGood be distributed?
SocialGood Support Team
Regarding SG Granted for Shopping Mining
For those who received SG for actually participating in “Shopping Mining” by using SocialGood Cashback without any cancelations or refunds between the period of June 2019 to March 2020 (where you’ll be given 20% of the purchase amount in SG) + the benefits of participating in SocialGood Cashback (the equivalent of $100 worth of SG), priority was given to this token distribution. This distribution began on August 31st, 2020. This token was calculated based upon the CMC closing price rate for August 30th, 2020.
Since this token was distributed from the Shopping Mining Pool, it is not subject to a lock-up. As soon as it arrives, you can buy and sell it on the market or move it to another wallet, just like you would a regular token.
For SG Granted for Airdrops Not Related to Shopping Mining
We planned to distribute the tokens during August, along with SocialGood’s end-of-July listing, but at the current time, due to the heavy traffic on the Ethereum Network, the Gas Price to distribution the tokens is soaring, so we must temporarily suspend the distribution of Airdrop tokens.
The Ambassador Program and SocialGood Cashback’s Airdrop/Referral Program tokens are restricted by smart contracts so that they cannot be sold on the market or moved to other wallets until 1SG=US$10. Therefore, at the moment, there is no merit to the users by intentionally distributing it, so we have changed the distribution policy so that distribution will be made when the rate becomes closer to 1SG=US$10.
On September 10th, 2020, we released our SocialGood App (iOS ver.), a Cryptoasset Point Return Service, to the public. Prior to the public release, the downloadable link of the Social Good App was released to Airdrop participants on September 4th.
We also held a $10,000 Double-Up Campaign for the first 10,000 users who downloaded the app and actually got SG cryptoassets until the end of September. The SG you obtained from this event does not come with a lock-up. For details about the campaign, click here: https://socialgood.inc/
Even though the $10,000 Double-Up Campaign has ended, there are still many ways to earn SocialGood!
In fact, we've increased the everyday rates of select vendors which means you can get even more SG for free just by doing your routine shopping (up to 9% at AliExpress)!