November 21, 2019 - No Comments!

Say hello to GoodMarket!

The team at Paperclip HQ have spent the last few months hard at work on an exciting new partnership...

As of this month, Paperclip will provide eToro's head office in Israel with an enterprise marketplace, for staff to buy, sell and swap together!

But there's much more to this project than just an internal marketplace, the new platform is part of a wider partnership with GoodDollar, an initiative backed by some of the biggest names in tech; including Elon Musk. GoodDollar is a universal basic income (UBI) project to help reduce income inequality around the world.

A little about GoodDollar...

With wealth inequality rising and future challenges such as automation on the horizon, concerned organisations and individuals are working together to mitigate the impact of these changes.

GoodDollar is a series of tests exploring different ways we can reduce global wealth inequality using blockchain technology. In time, GoodDollar plans to build a new open-source cryptocurrency to distribute money using the principles of universal basic income.

GoodDollar describes itself as a not-for-profit project 'nurturing an ecosystem of academics, NGOs, ethical investors, crypto supporters, and anyone who cares about reducing inequality'.

Launching GoodMarket

GoodMarket is a new marketplace where one can redeem their UBI credits (GoodDollars) in exchange for goods and services. Since our soft-launch earlier this week, dozens of early adopters filling up the marketplace with clothes, gadgets, kid's toys and more...

GoodDollar GoodMarket
The new GoodMarket on desktop and mobile

Rest assured, the new GoodMarkert users will still be able to create their own trading groups, part-exchange items and enjoy all the features of our existing public marketplaces.

This new platform can be accessed anytime on both mobile and desktop browser.

Following a successful trial phase, Paperclip will roll out similar marketplaces around the world...

Speaking about the new marketplace launch, our CEO Rich said, "We're incredibly excited to work with GoodDollar and eToro on this project, and all of the potential that a universal basic income might bring for those that need it most around the world."

Paperclip Marketing Manager Justin added, "The team at HQ are thrilled to be working with eToro. It's great to that we're both getting involved with such a worthwhile project. We hope that working together with GoodDollar can really make a positive impact."

This is a new adventure for the Paperclip team and we will be sure to keep you up to date on our journey with eToro, GoodDollar and universal basic income.

More to come...

Stay tuned to our blog as we will be unveiling some exciting updates to our marketplaces in the coming days. No only that, but Paperclip will be launching another three university marketplaces for the term's out!

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Published by: Paperclip HQ in News

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