SocialGood, Inc., the developers of “Shop-to-Earn” platform the SocialGood App (iOS, Android) have announced the establishment of a Board of Directors in order to further strengthen their management structure. As members of the Board, Kenichi Hoshi (former executive at Amazon Japan) has joined as an Outside Director, and Kimihiro Mine (former president of bitFlyer) has joined as an Outside Company Auditor.

SocialGood, Inc. manages the SocialGood App, which is available for iOS and Android, and has users in over 200 countries and regions worldwide, primarily in the U.S. After launching in September 2020, the app has gained over 2.3 million users worldwide, and has linked API with over 20,000 partnered brands, including eBay, Walmart, and Booking.com. The company has obtained over 90 patents for their crypto cashback business model and related innovations. After raising $14.2 million in March 2022, the largest funding of any Web3 company in Japan at the time, SocialGood, Inc. is actively recruiting new members to join their team.

SocialGood, Inc. is now establishing a Board of Directors system of management in order to further accelerate their growth toward realizing their vision of building the world’s largest shopping platform. The Board of Directors will serve to strengthen their management structure and corporate governance. Kenichi Hoshi, a former member of the founding Amazon Japan management team who has extensive experience in the e-commerce industry, has been appointed as an Outside Director. Kimihiro Mine, the former president of bitFlyer, who has extensive experience in the financial industry, has been appointed as an Outside Company Auditor. With these appointments, SocialGood, Inc. intends to further grow their global service targeting the world’s 6.5 billion mobile device users by utilizing their extensive combined knowledge in the e-commerce x finance = fintech domain.