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300,000+ Can Now Claim Crypto UBI via Newly Released GoodDollar Android App

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Tel Aviv, Israel–(Newsfile Corp. – February 24, 2022) – GoodDollar, an economic opportunity protocol and DAO that leverages decentralized finance (DeFi) to provide a crypto UBI to hundreds of thousands of members around the world, today announced the availability of its GoodDollar for Android app – the latest in a string of positive developments this year.

The app has already been downloaded by 27,000+ users since the release of the beta version in December. Enhancements introduced in February included a cleaner and simpler sign-in interface and a feature that automatically shows members the U.S. dollar value of their G$ balances. Developed by GoodDollar LLC, the non-profit software development firm that builds simple products that enable more underserved people to access the GoodDollar protocol, the Android app makes it faster and easier for more people to receive a daily allocation of G$ crypto UBI.

February saw GoodDollar reach record levels of growth for both membership and the market capitalization of the G$ crypto UBI token.

Membership grew past 300,000 individuals for the first time, while G$’s market cap breached $1 million mid-month. G$ market cap stood at $1.16 million as of February 23, while the value of the GoodDollar Reserve – the reservoir of supported cryptocurrency that backs the generation and distribution of G$ – hovers around $1 million. To date, GoodDollar has distributed more than $50,000 worth of G$ tokens to hundreds of thousands of people around the world, with daily active users concentrated in emerging markets suffering from high rates of inflation, such as Nigeria, Vietnam, Indonesia, Argentina and Venezuela.

This run of good news comes in the wake of a major protocol upgrade, GoodDollar Version 2, which was released in December. The upgrade opened the protocol’s smart contracts to enable anyone to support the GoodDollar UBI scheme by staking or holding G$ tokens, and coincided with the handover of governance to the community-run GoodDAO. By aligning the financial and social incentives of the members that receive crypto UBI with those of supporters that fund the economic model, GoodDollar protocol presents a scalable, market-incentivized approach to fund global UBI at scale.

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“GoodDollar has gone from strength to strength since the introduction of V2 and there is terrific momentum and excitement amongst members,” GoodDollar co-founder Anna Stone said. “It now seems clear that the upgrade has been a catalyst for significant and healthy growth in the GoodDollar impact economy.”

Patricia Pedrosa, Impact Lead and Head of Product Management said: “The ongoing evolution of the GoodDollar app will help us better serve GoodDollar’s growing ecosystem. Over the coming weeks, the development team will introduce a host of other improvements, including an in-app GoodDollar news feed and education modules, an improved user interface, and integrated governance, staking and swapping functionality.”

About GoodDollar

GoodDollar is an anti-poverty blockchain protocol and DAO that leverages the tools of decentralized finance to enable greater financial empowerment of underserved people across the globe. GoodDollar unites the interests of current crypto investors with the potential of future crypto users, through G$, an ERC-2o token that is both used for liquidity mining rewards and openly distributed as universal basic income. All GoodDollar code is open-source and operates on the Ethereum mainnet and Fuse.io, an Ethereum side-chain. Users with an Internet connection and the GoodDollar app can sign up to claim a small amount of G$ daily.

Press Contact

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Anna Stone
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114698

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation

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Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.


1. BitNile.com to Launch Nile Coin on Solana

News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus

Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.

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2. Dutch Blockchain Week 2025 Gears Up in Amsterdam

News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week

Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.


3. Citigroup Predicts Blockchain’s “ChatGPT Moment”

News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph

Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure.  Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.


4. Philippine Blockchain Week 2025 Debunks Crypto Myths

News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin

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Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.


5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round

News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire

Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.


Conclusion & Key Takeaways

  1. Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.

  2. Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.

  3. Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.

  4. Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.

  5. Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.

Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.

The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.

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Blockchain

Chameleon Finance Launches Green Finance Initiative to Advance Sustainable Digital Asset Infrastructure

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Blockchain

Ov Finance Upgrades Blockchain Infrastructure to Deliver Faster, Safer Digital Asset Trading

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