The Good Labs Foundation is launching the GoodDollar Ecosystem Fund, a $250,000 initiative aimed at accelerating innovation and expanding the GoodDollar ecosystem.
The fund is divided into two key programs:
The GoodBuilders Program
A year-long initiative supporting developers, designers, product managers, marketers, and other contributors working to enhance the GoodDollar ecosystem on Celo by building new dApps, integrating G$, and improving platform functionality.
$220,000 USD will be allocated across three funding rounds. And, it is powered by Gitcoin in its Three Quadratic Funding (QF) rounds as part of Gitcoin’s 2025 Grants Strategy.
How to Earn in Each Round
Gitcoin QF Rewards – You can earn funding through community-driven QF rounds (matching pool + donations).
Mentorship Support & Rewards – You can receive expert guidance and funding from mentors.
Engagement Rewards – You can receive incentives for projects that drive real user adoption.
$30,000 for Community Initiatives
Beyond GoodBuilders, additional funding will be allocated to community-driven projects that help expand the GoodDollar ecosystem.
Why GoodDollar?
Traditional financial systems often exclude millions of people due to structural barriers in banking. GoodDollar aims to change that by leveraging decentralized finance (DeFi) to distribute Universal Basic Income (UBI) on a global scale.
Since launching in September 2020, GoodDollar has become the largest on-chain UBI project, with, 900,000+ unique users, 77 million G$ claimed, and 4 billion G$ distributed.
By combining DeFi and UBI, GoodDollar will expand financial access and create new opportunities for economic participation.
GoodDollar 2025
The GoodDollar Reserve relaunch marks an exciting new phase for decentralization and growth. The goal is to empower the community to build and expand the GoodDollar ecosystem.
At the core of this evolution is GoodDollar UBI Economy 2.0, shifting from simple G$ distribution to a sustainable digital economy, where G$ circulates through investments, grants, and real economic activity.
Build, Earn, Scale, Impact
With $220,000 in funding, the GoodBuilders Program empowers developers, designers, marketers, and product managers to innovate and grow the GoodDollar ecosystem.
What You Can Build
New dApps – Create applications with G$ as a core feature (e.g., savings, lending, or rewards apps).
Ecosystem Integrations – Incorporate G$ into existing platforms (e.g., payments, identity solutions, rewards).
Platform Enhancements – Improve GoodDollar tools like GoodDapp or GoodCollective.
Developer Infrastructure – Build tools, SDKs, and integrations to strengthen the GoodDollar network.
How It Works
Development Phase: Here, you will get mentorship, technical resources, and expert guidance.
Quadratic Funding (QF) Rounds: You can enter Gitcoin’s QF rounds, where the community decides funding distribution through G$ donations.
Mentorship Rewards: Web3 experts will also allocate additional funding to support promising projects.
Engagement Rewards: You can earn performance-based incentives by driving real user adoption.
Why Build with GoodDollar?
More than just funding, GoodBuilders offers:
- Funding Opportunities – Over $50,000 per round, with continued investment for impactful projects.
- Long-Term Support – Not just a hackathon—ongoing mentorship, funding, and ecosystem integration.
- Access to 50K+ Monthly Users – Immediate engagement with an active community.
- Built-In Adoption Mechanisms – Leverage GoodDollar’s tools and incentives.
- Low Barriers, High Potential – Widespread G$ distribution makes adoption easier.
- A Thriving Economy – Ongoing UBI distribution fuels a dynamic ecosystem.
- Reputation Boost – Strengthen credibility for future funding opportunities, including Celo’s impact-driven grants.
- Collaboration Over Competition – Join a supportive Web3 ecosystem.
- Real-World Impact – Help create an inclusive decentralized financial system.
Start Building Today
The first GoodBuilders round is live now, offering over $55,000 in G$ rewards! So, start building today, because by early April, QF applications will open, so make sure your project meets the eligibility criteria. By the end of April, the First Quadratic Funding Round begins. (Exact dates TBA).
How to Get Started
- Join the Program – Attend events, network, and get expert mentorship.
- Start Building – Work at your own pace while meeting eligibility criteria.
- Engage & Get Support – Receive mentorship and feedback to refine your project.
- Submit Your Project – Apply once QF applications open and showcase your progress.
Eligibility Criteria
To qualify for GoodBuilders funding, your project must integrate G$ in at least one of the following ways:
- Submit a merged PR as part of the Scouts Game.
- Implement face verification + claim button.
- Use the G$ Identity SDK in a meaningful way.
- Provide services/subscriptions using G$.
- Leverage G$ supertoken capabilities.
For new dApps:
- Â Your dApp must be live and fully functional at the time of submission.
- DeFi investment apps must ensure withdrawals are made in G$ (e.g., if users convert G$ to Celo for staking, the withdrawal must be converted back to G$).
Note: Simple G$ integrations without added functionality will not qualify. Projects must provide real innovation and value to the ecosystem.
Learn More About GoodBuilders: Sign up now to start building! -Join Telegram and Discord
Creative web3 writer and blogger with over 6 years of experience.
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