Crypto Ecommerce Giant Shopping.io Supports eToro Social Impact Nonprofit, GoodDollar

PRESS RELEASE. Shopping.io – Los Angeles, CA, leading crypto e-commerce platform is donating $50,000 to GoodDollar, eToro's flagship corporate social responsibility project. and educating the next billion users of digital assets. Shopping.io's $50,000 donation will be used to support the blockchain-based fund that sustainably generates and distributes a basic digital income on a daily basis to over 250,000 members in over 180 countries. GoodDollar stands out for its scalable and sustainable approach to building a crypto-based UBI that leverages the principles of impact investing to enable financial backers to earn rewards while using their crypto well to fund a social project. Shopping.io's $50,000 donation is locked into the Basic Income Fund for Sustainable Endowments, a smart contract that donates interest earned to beneficiaries as basic income. This makes Shopping.io's one-time gift a "sustainable donation" that will be used forever to generate a digital basic income in the crypto asset GoodDollar (G$). Shopping.io is the first company to make charitable donations to support the GoodDollar protocol: All funds will be used to strengthen the Basic Income Fund, which benefits GoodDollar members, not operating expenses. Starting June 4, GoodDollar members will also be able to spend their G$ tokens on Shopping.io's e-commerce platform and shop on Amazon (US, UK, CA + DE), Ebay and Walmart. Through Shopping.io, GoodDollar members can now use their GoodDollar tokens to shop for essentials and everyday items, a major milestone for the project and its members. Now those who benefit the most from GoodDollar's daily UBI distribution can purchase their GoodDollar on Shopping.io's platform for toilet paper, toothpaste, emergency supplies, etc. they can spend. GoodDollar and Shopping.io collaboration

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