Withdrawal Guide (2025) (Major Update Jan. 15)

Withdrawal Policy of the Platform

SG’s growth rate skyrocketed to an impressive 935.42%, far surpassing Bitcoin’s 49.66%, clearly demonstrating that SG is a superior asset (April 25 – November 30, 2024).

There’s a reason SG price increased 10x in just 7 months. One of the reasons is the SG withdrawal rules, designed to respect and benefit everyone participating in the Ecosystem.

To ensure a steady increase of SG price in the market, the platform limits the amount of SG that users can withdraw from their balances within the app to their wallets. Specifically, withdrawals are only allowed up to a portion of the SocialGood App’s revenue, ensuring sustainable growth for all users.

What would happen if users could withdraw SG without limits? The selling pressure in the market would increase, leading to a drop in SG price. On the other hand, if the withdrawal amount is always lower than the revenue of the SocialGood App, the buybacks funded by this revenue would inevitably drive the SG price upwards.

This mechanism of using SocialGood App revenue for buybacks has been patented in multiple countries and was even featured in Forbes (US) .

For more details.
👉 The rarity of the growing crypto SG
👉 Patented Crypto Buyback System Begins

Thanks to this mechanism, as of January 13, 2025, 1 SG is valued at $0.2031, but it is expected to rise to a theoretical price of $135. For the detailed reasoning behind the theoretical price, please refer to the exclusive newsletter for app users.

Earned SG and Withdrawal Allowance

The user can earn SG daily within the app through Shopping, Activities (games), various bonuses, and Spin. The current value of the earned SG can be viewed in the Assets menu.

To withdraw the Earned SG to your wallet, you need to earn a Withdrawal Allowance.

Here are the ways to actively earn a Withdrawal Allowance:

1. Spin

It’s a fun game where you can instantly receive a Withdrawal Allowance of up to $10,000 in one time. It’s the fastest and most substantial way to withdraw your Earned SG. The first play is free!

For more details.
👉 Spin to Win: Introducing Lucky Wheel – Your New Chance to Earn and Withdraw SG!

2. Invite Friends

For each person you invite to the app, you’ll instantly receive a $80 Withdrawal Allowance per invite. This is a great option for those who want to steadily accumulate SG without spending any money. There’s no limit to the number of people you can invite.

For more details.
👉 Invite 1 Friend, Withdraw $80 SG!

3. Shopping within the app

A Withdrawal Allowance is granted monthly based on your purchase amount.In particular, the higher the cashback rate displayed in the app at a shop, such as Temu or Hotels .com, the larger the Withdrawal Allowance you will receive.

By installing the Chrome extension, you can automatically accumulate a Withdrawal Allowance each month.

For example, if you spend $100 on online shopping each month, that adds up to $1,200 a year. If you receive a $10 Withdrawal Allowance each month and make withdrawals regularly, you could withdraw $120 worth of SG in a year. It wouldn’t be surprising if the value of that SG increases 10x in the future.

You’ll realize that you’ve effectively been shopping for free, as you’ve received $1,200 worth of products (like clothes and daily essentials) and also built up $1,200 in assets.

For more details.
👉 How to Install SocialGood Chrome Extension Tutorial

*The “Contributor’s Withdrawal” feature, where you could earn a Withdrawal Allowance based on your invited friends’ shopping amounts, has been discontinued. Instead, Withdrawal Allowance is granted through the “Invite Friends”.

*The Staking Service automatically rewards you with SG as Staking Rewards, based on the SG balance in your wallet linked to the app.These rewards are credited to your wallet once every month without fail.

For more details.
👉 Staking Guide (2025)
👉 SocialGood Playbook (2025) (Major Update Jan. 17)

Automatic Increase of Withdrawal Allowance

As the SG price increases, the total Withdrawal Allowance across the platform gradually rises. This means that, with the increase in SG price, you can passively earn a higher withdrawal allowance.

As the SG price rises and the total Withdrawal Allowance increases, the allocation of Withdrawal Allowances among users will be as follows:

1. Earned SG Share Bonus

If the total SG earned by all users this month is $100,000 and you earned $1,000, your earned SG share would be 1%. The increase in your Withdrawal Allowance will be proportional to your share. For example, if the total Withdrawal Allowance bonus for the month is $10,000, you would receive an additional $100 in Withdrawal Allowance, which is 1% of the total bonus.

2. SG Purchase Share Bonus

The increase in your Withdrawal Allowance will be allocated based on the share of SG you purchase within the app.

The successful SG holders will be announced in the Battle League.

The more SG you earn and purchase within the app, the more priority you will have in receiving a favorable Withdrawal Allowance compared to others.

Successful SG holders are not only your rivals, competing for the scarce resource, SG, but also your allies, working together to enhance its value.

The rise in SG price is driven by increased revenue from the SocialGood App. This price increase benefits all users. Let’s honor and respect SG holders within the community.

The amount of SG that can be withdrawn

Suppose there are 10 SG earned within the app, and their asset value is $10 (meaning 1 SG = $1). At the same time, you have a $1 Withdrawal Allowance in SG. When you make a withdrawal request, please note that it will be based on USD amount.

If you withdraw $1 worth of SG, you will be able to withdraw 1 SG. After making 10 withdrawals, all of them will be complete.

What would happen if you stopped withdrawing after the first 1 SG? Let’s assume the price of SG increases, and 1 SG becomes worth $10.

On your app’s asset screen, you still have 9 SG × $10 = $90. If your Withdrawal Allowance is still $1, you will be able to make 90 withdrawals.

Save your earned SG within the app and grow your assets over the long term. Once you’ve accumulated enough assets in the app, you can use Spin to quickly make withdrawals, and it will still be more than enough.

Even if you win a $10,000 withdrawal through Spin, if you haven’t accumulated enough SG within the app at that point, you won’t be able to withdraw the full $10,000 worth of SG.

Detailed Conditions

If you use the Withdraw function in the web version on the SPIN section there are no fees associated with the withdrawal.

If you use Regular Withdraw and SPIN section (without web login), various fees will be charged.

So many users are already logged in on the web version.
Official SPIN and Withdraw section: https://socialgood-spin.com/login

You need to complete the KYC process to make a withdrawal. For more details about the KYC campaign and verification fees, please refer to the article below.
👉 Exciting News: Complete KYC and Get a $300 Gift! 🎁
👉 Introduction of Verification Fee

Who we are

SocialGood, Inc. is a Japanese Web3 startup. We have partnerships with over 20,000 leading online stores worldwide, including Walmart and eBay, etc. We have raised over 2 billion yen in funding from VC and listed companies. We are supported by JETRO, an agency of the Japanese government.

Through SocialGood App (iOS, Android and Chrome Extension), we give our users money every day, we help our users build assets. By doing so, we hope to create a better society. That is why we chose the brand name SocialGood.

🏢 Our Office

🚩 Our Office Tour Click here

📍Our Office location

Official Website: https://socialgood.inc/

Download for iOS: https://socialgoodapp.page.link/referral-ios
Download for Android: https://socialgoodapp.page.link/referral-android
Chrome Extension: https://chrome.google.com/webstore/detail/socialgood-crypto

Twitter: https://twitter.com/socialgood_inc
Facebook: https://www.facebook.com/socialgoodinc/
Discord: https://discord.gg/Fs7u5YtWkq

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.