The Payments Platform for Universal Basic Income

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What's New?
Announcing GoodCollective: A Platform to Provide Direct Payments for Climate Impact Initiatives

4 min read · Jul 25, 2023

GoodCollective — Using diverse dMRV solutions for Conservation Basic Income
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7 min read · Sep 16, 2023

What is GoodCollective?
  • A GoodCollective is a group of people and payment "pool" that channels money directly to individuals who share specific attributes. Payments are made either by group members claiming on a regular basis (what we call Segmented Basic Income) or by group members performing an action verified by one of our partners (like measuring trees, verified by Silvi).
What is the Purpose of GoodCollective?
  • GoodCollective revolutionizes financial empowerment by directly channeling digital resources to maximize impact for groups and communities who need it most.

    Whether these are climate conservation groups who preserve their local environments, socioeconomic groups who are disproportionately affected by economic disparities (e.g., women in rural areas, young mothers, emerging markets entrepreneurs without credit history), or emergency crisis groups in which targeted support is provided to groups in regions that experience unforeseeable crisis (e.g., Refugees, victims of natural disasters), GoodCollective provides a direct payment interface, built on GoodDollar’s decentralized payment infrastructure, to facilitate an ecosystem of Collective Pools, donors, and implementation partners.

GoodCollective

is committed to empowering

individuals and communities by providing direct digital

payments to to those who need it most.

Collective Themes
Examples of different types of GoodCollective pools that can inspire you to create your own
Conservation Basic Income & Results-Based Financing Pools
Incentivizing ecosystem preservation through targeted support to locals who reside in ecologically critical regions, while directly and equitably compensating local stewards for their environmental impact work. This includes but is not limited to Conservation Basic Income Pools.
Socioeconomic Collectives /Pools
Targeted support for marginalized groups who are disproportionately affected by economic disparities (e.g., women in rural areas, young mothers, emerging markets entrepreneurs without credit history).
Emergency Crisis Collective/ Pools
Targeted support for groups in specific regions that experience a crisis and become in need of increased resources (e.g., Refugees, victims of natural disasters).
Want to create a GoodCollective?
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Want to be an implementation partner?
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Our Climate Conservation Pilot Partners: DeTrash, Neduc, Silvi
GoodCollective has carefully selected pilot partners, DeTrash, Neduc, and Silvi, based on their alignment with our mission, community reach, and operational efficacy. These partners are pioneers in environmental impact initiatives, focusing on recycling, upcycling, and reforestation across diverse regions such as Coroadinho in Brazil and Kakamega forest in Kenya.

Through targeted Conservation Basic Income (CBI) payments, GoodCollective aims to amplify our partners’ community-driven efforts in climate impact, establishing a transparent, measurable, and impactful approach to environmental stewardship.

DeTrash

DeTrash is a pioneering environmental platform focused on transforming waste management and recycling behaviors in communities like Coroadinho, a neighborhood in São Luís, Brazil.

DeTrash employs a multi-layered verification, measurement, and reporting system to ensure the effectiveness of its waste management initiative. Community stewards submit reports of trash diverted in kilos, and GoodDollar Ambassadors, also known as Recyclers, corroborate these reports and provide onchain invoices minted as NFTs. The system is designed for verification by trusted GoodDollar Ambassadors, ensuring an additional layer of accountability. This blended approach combines technology and community engagement to validate waste diversion efforts. DeTrash aims to address waste management and boost environmental stewardship while fostering economic growth within the local community.

Neduc

Neduc is a women-owned and operated social enterprise that serves as a local partner to DeTrash, focusing primarily on waste management solutions.

The organization actively diverts plastic from landfills by transforming it into practical goods. Located in regions like Brazil and Peru, Neduc collaborates with community members and recycling facilities to incentivize recycling and upcycling activities. Through this symbiotic relationship with DeTrash, Neduc aims to scale the impact of its waste management efforts, making a substantial contribution to environmental sustainability.

Silvi

Silvi is at the forefront of reforestation and biodiversity preservation efforts in Western Kenya’s Kakamega forest.

Silvi engages local community members, mainly small-hold farmers and schoolteachers, to participate in targeted ecological restoration. Silvi’s digital measurement, reporting, and verification system track a range of metrics, from the growth stages of trees to specific environmental attributes like “mother trees,” using geolocation, timestamp, and image files. These nature-positive activities are linked to direct incentive payments, adding a financial impetus to conservation efforts. Silvi aims to automatically distribute incentives for tree and biodiversity monitoring and contributions to citizen science. Their goal is to incentivize stewardship and provide real-time, verifiable data that lends credibility and scale to grassroots conservation activities.

"Ending poverty and climate change are actually one and the same. Because if we do not address climate change and do so in a timely fashion, there’s no way that we would be able to end poverty."
Frequently Asked Questions

What is GoodCollective?

GoodCollective is a platform that supports direct digital payments to individuals who fit specific criteria. Individuals access these funds by participating in payment pools (also referred to as Collectives). They may qualify for pools based on who they are and where they live, or be added via a partner organization who has created a pool on their behalf. Learn more about the types of pools and how to access them here.

How do GoodCollective climate stewards get paid for climate action using results-based financing?

GoodCollective stewards get paid every time they take a measurement or make a claim through a partner's platform that is verified by that partners methodology. Technically, comma, this happens when an NF T is meant to confirm the verification of their activity, which triggers a payment in a smart contract, which has specific parameters about how much each steward is compensated per activity that are set for that specific good collective and the context of the measurement.

Why would I want to start a GoodCollective?

If your company or community works with individuals who would benefit from a supplemental income stream to support their climate positive activities, GoodCollective can help.

Who can start a GoodCollective?

Anyone! There are 3 different types of GoodCollectives that can be started. Visit our How it Works page to find the GoodCollective type that works for you and your organization.

How do I donate to a GoodCollective?

Easy! You visit the GoodCollective dApp, connect your wallet, find a collective you want to fund and donate! You can either provide a one-time donation or a recurrent (streaming) donation.

Don’t have a crypto wallet? Here’s how to get started.

Can I only donate in GoodDollar?

Donations can be made using a variety of cryptocurrencies available on the Celo blockchain.

What is GoodDollar?

GoodDollar is a permissionless protocol that creates and distributes free universal basic income (UBI) as a public good governed by its members. By leveraging blockchain technology, the mission of GoodDollar is to advance decentralized financial education, promote financial inclusion, and empower communities. GoodDollar strives to establish a global landscape where every individual has access to inclusive, basic economic assets and financial products. Launched in 2020, GoodDollar has emerged as the world's largest global UBI community, with over 540,000 members across 181 countries. GoodDollar has been widely recognized as one of the leading projects fostering financial inclusion, acknowledged by prominent institutions such as the World Economic Forum, Milken Institute, and the Crypto Council for Innovation.

What are the fees associated with starting or funding a GoodCollective?

Starting a collective / setting up your own pool is free. A 5% network fee is charged for each donation made. The network fee goes directly to fund the GoodDollar UBI pool. Pool administrators may also configure their Collective to collect a per-donation administrative fee.

Direct Payments for Segmented and Conservation Basic Income

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