What is Shopping Mining?
I heard about SocialGood ($SG) a few months ago, and I was intrigued. It works similarly to cashback, however, it is much more lucrative and instead of cash, you earn SocialGood tokens. I'm genuinely impressed with how much I have managed to accumulate in just a few months of use, buying things that I would have bought anyway and I've even got the Christmas Shopping completed. After 2 months of using their iOS app (available on Android), I've already stacked up a fair amount of SG worth hundreds of dollars just by shopping online, mainly on eBay and AliExpress for items I wanted and needed to buy anyway.
You earn SG tokens (currently trading for around a dollar) and if you keep holding them in your wallet (MetaMask compatible) you can earn up to 15% although initially, 4% is likely until you accumulate more than 50 SG tokens (which won't take long). You choose your retailer within the SG app and then complete your purchase in the in-app browser, your purchase will be tracked and verified and once validated, you'll see your tokens are credited, usually within 5 days in my experience.
If you’re like me and occasionally buy the odd thing from eBay or AliExpress, SocialGood, in theory, you can make each purchase free (if it's 100% value). You can get typically between 50 and 100% back in the SG token. After the token has been validated to ensure you have not cancelled a purchase on eBay etc, you will receive the equivalent amount relative to cashback value in SG token, and typically within 30-60 days you can ‘cash’ these out for fiat or even swap for ETH or any crypto of your choice. The maximum single transaction of $10,000 per transaction, so if you buy anything over that value split it into separate orders to make sure you get the most SG token possible.
Cashback examples: Spend $30 on AliExpress and get $30 of SG token (100% Cashback)
Spend $30 on eBay and $15 of SG token (50% cashback)
SocialGood has become my firm favourite way of accumulating Crypto for free, I have traded some for other Alt-Coins but I'm keen on holding the free tokens they have awarded and staking them as I think once this project becomes more widely adopted, price action should generally be positive in the long term.
My favourite bits
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SG is a great way to accumulate SG tokens and even other cryptos
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It’s free money!
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Trusted and safe
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User-friendly SocialGood App is available on iOS and Android
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It works in just about any territory! (I’m in the UK)
- Everything I've bought from AliExpress has been essentially free, and everything bought from eBay has been 50% off. I'll be doing all my Christmas Shopping on eBay this year!
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There are also over 1000 more online retailers that support SG so, there’s a potential goldmine worth of free crypto to be had for
What’s more, you’ll get $100 of SG token for starters, when you sign up!
Use invitation code: 78NYR7 to get $100 when you Join SocialGood
