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Goodwill Coins Token Address (Ethereum Network): 0x2970eaefda55fe4d95f1d8697b669203ed8f7d92 |
Goodwill Protocol ICO Address (Ethereum Network):
0xfd4532c24da5f4029016cfd2fa13fa3073588695 |
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Goodwill Protocol ICO
Total ICO Coins Distributed
2893 GOODWILL |
ETH Received
0.28939608 ETH |
ICO Ends In
ICO will close upon Distribution of 5,000,000,000 Goodwill Coins
Total Goodwill Coins Supply Cap for ICO
10,000,000,000GOODWILL |
Initial Rate
1GOODWILL = 0.0001 ETH |
Post-ICO Goodwill Coins ICO Participant Minting Cap for Goodwill Economy
∞GOODWILL |
Vision
"Goodwill Coins help you turn your causes, visions, and ideas into crowdsourced actionable goals, then into reality" -- Richard, 2017
Goodwill Protocol provides decentralized mechanism for digitally expressing goodwill for all Goodwill Coin participants’ benefit
Goodwill Economy envisions a society with an environment of unlimited resource availability for all participants, through acceleration of resource circulation amongst the participants
Any resource has perception of limitation when its consumer retains it in a stagnant location.
This stagnation can be mitigated through acceleration of the velocity of circulation of such resource within the region of consumption and production.
1 phone shared by 5 people will provide unlimited availability within those 5 people, if group of 5 are picked such that consumption and circulation velocity of the phone is increased to fit predictively during dormant times of the group of 5 such that consumption and stagnation times do not overlap.
Material circulation can be accelerated through human goodwill to use, produce, and share goods in a way beneficial for the participants
In a real world, the planet Earth has enough resource to create multiple phones for every living species on the planet,
while the outer space provides unlimited production capabilities. For example, 16 Psyche in the asteroid belt contains iron valued at $10,000 quadrillion on earth.
NASA Psyche Mission aims to bring these resources back to Earth to assist in building infrastructure both on earth and outer planets.
For most countries, the blocking factor is lack of full-fledged participation in infrastructure build-up to ensure manufacturing and logistics infrastructure align with the demand. Such limitation is a clear sign of corruption or lack of political will within the region to actively foster social development, which can be mitigated through active civil participation in functional democratic societies.
Digital technology provides solutions for inherent limitations in human goodwill to materialize the goodwill physically
Goodwill Protocol serve as a way to digitally connect diversely disconnected population through
common means of digital interaction using blockchain technology and smart contracts. Despite age-old
failures in economic structures we as humanity have inherited, we aim to showcase human capability
and global population’s will to overcome such deficiencies through innovative ideas, visions, and
causes to go above and beyond the inherent limitations shown, to bring faith and trust back in the
goodwill capability of the people to help each other in realizing the ideas, visions, and causes for the
mutual benefit.
Goodwill Economy and Goodwill Protocol will be driven by Goodwill Coin, which has unique
characteristics of unlimited minting capability for distribution amongst Goodwill Coin participants,
and flexible exchange rate mechanism that allows community voting of exchange rate mechanics and
the rate on a periodic basis. This gives the Goodwill Economy participants a platform to build an
economic model suited for the environment, while assuring liquidity for the participants. This ICO
process looks to build a base of participants for early voice in the Goodwill Economy building process
to accelerate wide adoption of Goodwill Coins by exchanges and merchants, which is the only needed
component to ensure Goodwill Economy’s stability and sustainability
Goodwill Protocol, during the formative stages of Goodwill Economy, provides Smart Contracts for crowd sourced Voting, Petitions, Pledges, Donations, Communications, Events, and Offers to assist materialization of crowd sourced causes, visions, and ideas, using Goodwill Protocol
Voting
Crowd sourced method for participants to make a decision or express an opinion, usually following events, discussions, debates or campaigns.
Petitions
Crowd sourced enforcement of a goal, when local decision maker the petitioner's facing does not align with SDGs.
Pledges
Promise for collective action on a set goal by those who agree with the cause,
idea, or vision.
Donations
Giving as a way to support a cause, goal, or vision.
Partnerships & Communications
Messaging, Partnerships and Joint Partnerships to work on a cause, vision, or idea collectively.
Events
Raises awareness of on-going causes, ideas, and visions. Events enable participants to jointly solve complex issues through crowd sourcing actionable solutions from invited audience. Event hosts are able to form public private partnerships in hosting the events.
Deals & Campaigns
Campaigns help user turn the causes, visions, and ideas into reality through crowd participation in the efforts
Offers
This is a Smart Contract to receive an item promised for Goodwill Coin given, to facilitate B2B, B2C, and C2C Transactions. For example, a promise to ship an IoT equipment to another user for certain amount of Goodwill Coins, is a Smart Contract. We facilitate blockchain verification mechanism for the user to request product or service from a Deal Provider, for the Deal Provider to agree or disagree to provide the product or service for a given Goodwill coins, for the user to verify (or reject for refund) successful delivery of the product or service, and to conclude the Smart Contract with final blockchain recorded outcome.
For users familiar with Ethereum Smart Contracts, direct interaction with Goodwill Protocol Smart Contract API, and further creation of Goodwill Protocol based Smart Contracts are available.
Goodwill Protocol ICO participants work to present their ideas, causes and visions to build the workings of Goodwill Economy using Goodwill Coins in a way that provides unlimited resource availability through efficient circulation of goods and materials produced by participants.
Roadmap
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Initial Product Development
Goodwill Coins provides decentralized mechanism for digitally expressing goodwill for all Goodwill Coin participants’ benefit
Goodwill Protocol provides Smart Contracts for crowd sourced Voting, Petitions, Pledges, Donations, Communications, Events, and Offers to assist materialization of crowd sourced causes, visions, and ideas, using Goodwill Coins. -
September 15, 2017 - September 30, 2017
Pre-ICO Terms:
Initial Coin supply: 10,000,000,000
Distributed in the Pre-ICO: 5,000,000,000
Initial value: 1 Goodwill Coin = 0.0001 ETH -
Initial Coin Offering
Crowdsale details:
Start Date: October 1, 2017
End Date: Until completion of distribution of 5,000,000,000 Goodwill Coins
Accepted currencies: ETH
Total Distribution during ICO: 5,000,000,000 Goodwill Coins
Minimum viable product: Goodwill Coins & Goodwill Economy -
Goodwill Economy Participant Onboarding
We will invite the ICO participants to join in through Slack and Telegram, to create an on-going channel for building the community, and for building the Goodwill Economy with Goodwill Coins.
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Goodwill Economy Buildup Progress Digital Showcase
Participants jointly solve complex issues through crowd sourcing actionable solutions from invited audience, while measuring the overall build-up progress of Goodwill Economy being made by Goodwill Coins participants.
Participants will take votes on relevant issues and causes, such as exchange rate mechanics, minting of token for participants and expansion of Smart Contract Features.
INITIAL COIN OFFERING (ICO)
Pre-ICO Terms:
Initial Coin supply: 10,000,000,000
Distributed during Pre-ICO: 5,000,000,000
Initial value: 1 Goodwill Coin = 0.0001 ETH
ICO details:
Start Date: October 1, 2017
End Date: Until completion of distribution of 5,000,000,000 Goodwill Coins
Accepted currencies: ETH
Initial value: 1 Goodwill Coin = 0.0001 ETH
Distributed during ICO: 5,000,000,000
Minimum viable product: Goodwill Protocol & Goodwill Economy
Token Allocation (Distribution)
Fundraiser (ICO) : 50%
Community Grants, Partnership & Bounties : 20%
Long-term Foundation Budget : 20%
Team(current & future), Advisors and Early Contributors : 10%
Funding Allocation
Software Development : 40%
ETH Reverse : 20%
Marketing & Business Development : 12%
Seeding token changers and ETFs : 10%
Operational Expenses : 8%
Legal Expenses : 5%
Misc & Unexpected : 5%
