The GOOD$ platform is comprised of three main products:
- GOOD$ Payment System
- GOOD$ Ownership Token System (GOT)
- GOOD$ Stablecoin (GOOD$)
GOOD$ Payment System
The GOOD$ payment system is a high speed, real-time payment system built on top of the Solana Blockchain. More than just a blockchain payment transfer system, GOOD$ offers a full suite of tools to manage the full lifecycle of sales. It offers many additional tools including transferable loyalty reward tokens with many customizable features. Settlements are done in real time as opposed to the traditional batch settlements of the legacy companies. Integration into current ecommerce platforms is easy and straightforward.
Our fee is not hidden behind a "Contact us and we will try to hard sell you" form. It is $0.10 (10 cents) a transaction. That's it!
No "percentage of sales" fee, no minimum fee, no monthly fee, JUST $0.10 PER TRANSACTION.
GOOD$ Ownership Token (GOT)
GOT is a cryptographically secure token that is tied to a single real-world asset to establish ownership of that asset. GOT has similar attributes to a serial number that is unique to a specific product item. Unlike a serial number where ownership isn't established, GOT is a publicly declared statement of ownership.
GOT is like a Non-Fungible Token (NFT) as it has only one owner.
Manufacturers acquire GOT tokens for each item they produce. There is a one-time fee depending on estimated quantity. There is also a $0.10 transaction fee for token transfer to each customer. The transaction fee is generally borne by the retailer at the time of sale.
Have you ever tried buying luxury goods like watches and handbags online? How do you validate authenticity? How do you ensure the seller ships the authenticated goods to you? When you purchase a product that is registered with a GOT, you immediately receive the GOT in your digital wallet. It is both proof of purchase (receipt) and proof of ownership. This ensures that the seller can no longer sell that item to anyone else.
GOOD$ Stablecoin (GOOD$)
GOOD$ is an eponymously named stablecoin that is pegged to the USD and backed by cash and short term monetary instruments. Unlike other stablecoins that are aimed at online trading of digital assets and cryptocurrency, the primary purpose of GOOD$ is for real world purchase of goods and services. It supports ultra-low cost real-time settlements with all the benefits of a public blockchain.