KEY TAKEAWAYS
- Goodwall partners with Circle to launch GoodForce, incentivizing youth to make social and environmental impacts using USDC.
- The initiative combines USDC’s stability with Goodwall’s community to empower young people with financial skills and sustainable practices.
- Goodwallet, powered by Circle’s technology and Arbitrum One, facilitates secure earnings in digital dollars, promoting financial inclusion.
- GoodForce aims to impact over 1 million young people, focusing on measurable outcomes like recycling and CO2 reduction.
Goodwall, a global talent community, has partnered with Circle, a financial technology firm, to introduce GoodForce. This initiative aims to incentivize young people to make social and environmental impacts while building financial stability through the use of USDC, a regulated digital dollar issued by Circle.
The collaboration combines the stability of USDC with Goodwall’s expansive community, potentially empowering the next generation with essential financial skills and encouraging sustainable initiatives. The partnership was announced here.
A New Approach to Bridging Social Impact and Financial Empowerment
GoodForce addresses challenges faced by young talent, especially in regions with high unemployment and limited economic opportunities. It offers micro-payments in USDC for verified impact actions, such as recycling and tree planting, thus reducing the opportunity cost of unpaid community engagement. This approach encourages youth to tackle issues like climate change and social equity.
Central to this initiative is Goodwallet, a digital wallet powered by Circle’s Programmable Wallets and Arbitrum One, an Ethereum layer-2 scaling solution. This blockchain-powered wallet allows participants to earn digital dollars securely, promoting transparency and resilience.
Supporting Financial Inclusion and Future Pathways
Goodwallet serves as a gateway for young people to engage in the global digital economy. Through GoodForce, it introduces financial inclusion and stability, enabling youth to build a foundation for their future using USDC. The initiative plans to connect young talent to additional opportunities, such as gigs and remote work, fostering earning and saving.
Omar Bawa, co-founder of Goodwall, stated, “Through GoodForce and Goodwallet, secured by blockchain and powered by USDC, we’re reducing the opportunity cost of community engagement for youth, especially in regions where jobs are scarce.”
Sanja Kon, Vice President of European Business Development at Circle, added, “Partnering with Goodwall to launch the GoodForce initiative underscores our shared commitment to providing access to stable digital dollars to build a more durable financial future.”
Impact at Scale
GoodForce aims to reach over 1 million young people in its first year, focusing on measurable impact metrics, such as plastic recycling and CO2 sequestration. Recognized by the World Economic Forum and other organizations, Goodwall is redefining possibilities for the next generation of talent.
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