Good isa collective act.
A joke can move a million people in a week.
What they move to do, almost always, is buy, hold and hope. Spectacular coordination, pointed at nothing.
Giving is the opposite: useful, quiet, lonely. People hold back because they can't tell whether anyone else will show up.
GOODCOIN turns giving into a weekly public ritual with one question: will enough of us show up?
One spark is small.Together, we keepthe fire alive.
I'll put in if enough of you do.
An assurance contract removes the fear of giving alone. GOODCOIN runs one every week, for one public good, with the money held by a contract nobody controls.
When the fire catches, nine tenths goes to the cause's DAO treasury and one tenth to the Hearth, which backs the GOOD the givers receive. Early givers gain from the people who give next.
When it doesn't, the gifts come home and that week's GOOD is struck from the record. A movement should feel the weeks it didn't show up.
Five thingswe won’t bend on.
I
Fair launch
No premine, no team allocation, no vesting. Every GOOD in existence was made by people giving together. The only thing present at launch is a locked seed that nobody owns and nobody can move.
II
No admin
No owner, no setters, no pause, no upgrade method. Every key on the contract account was deleted after launch. The rules you read today are the rules for as long as the contract exists.
III
The chain checks the money
No judges, no oracles, no committee deciding what counts. The contract holds the gifts, counts the givers, pays the cause and backs the token. This website only reads what the contract reports.
IV
Honest limits
Accounts are not people. A colluding cause can fake a catch. The chain proves NEAR reached a curated account, not the good that was done. Your GOOD is worth a small fraction of your gift. We say so, everywhere.
V
Contagion over hype
The only way the movement grows is if each week a few more people show up than last time. The goal ratchets up after every catch. Bringing a friend is the one reward we built in, and fake friends earn nothing.
Not an investment. Not a charity token. Not finished.
At the backing floor, your GOOD is worth about 8 to 9% of your gift on day one. It is measured in NEAR, and it is never a promise of a market price.
GOODCOIN runs on NEAR testnet. It has a full test suite and adversarial design reviews, but no professional audit. Testnet causes are demo DAOs run by the team.
We would rather you understood it than believed in it.
Light one.
No admin. No premine. Just a fire, and the people around it.