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Expansion of Withdrawal Limit (UPDATED Mar. 29)

240329 hero withdrawal limit relaxation

Must-Watch Video for all SocialGood App Users and SocialGood (SG) Holders

Thanks to your continued support, the number of SocialGood App users has been increasing. As a result, we’re expanding the SG (SocialGood) withdrawal limit. Below, we detail these updates for your understanding.

About Regular Withdrawal

Firstly, there are several changes to the “Regular Withdrawal”:
  • The previous condition requiring users to spend $50 for shopping within the last 30 days to utilize the Regular Withdrawal was removed on February 23, making the usage more flexible.
  • Additionally, by mid-March, we plan to allow the use of Regular Withdrawal even while waiting for a Contributor Withdrawal request to process. This ensures that you can make withdrawals without delay.
    →Released
  • Furthermore, the rule that prevents users from making another withdrawal within 30 days of the last use will be abolished. Then, withdrawals will be made at any time.
With these changes, all app users can now make immediate withdrawals whenever you wish.

About Contributor Withdrawal

Regarding the “Contributor Withdrawal”, considering the increase in Regular Withdrawal users and the overall increase in SG withdrawals, we’ve temporarily set the withdrawal amount to $50 to maintain the SG price. This measure is to ensure the balance of SG price.

Future Outlook

Lastly, the future outlook involves a mechanism where the more the app is used, the higher the SG price will rise, and the larger the SG withdrawal limit will become. The current high cashback rate offered is temporary and will not be available in the future. We encourage you to take this opportunity to shop more and accumulate SG. We look forward to your continued use and support of SocialGood App.
Shopping SG Price Buyback
Disclaimer: The SocialGood (SG) token is a utility token. SG is not a security, just as real estate and gold are not securities. The description above does not refer to the nature of SG in any way. The appreciation/price increase of SG is not guaranteed. The Company is not responsible in any way for the fluctuation of the price of SG. The Company is not liable for any loss/damage/injury of customers in relation to SG. The description above is not intended to solicit investment. The description above is only for the purpose of providing general information for customers. The description above may change without prior notice and the Company is not responsible for the current description and for updating the description.
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