Increased Referral Bonus of US$200 Worth of SG (Crypto): Min US$30 Spend in 30 Days Required @ SocialGood App

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Increased Referral Bonus of US$200 Worth of SG (Crypto): Min US$30 Spend in 30 Days Required @ SocialGood App

lilkid28 on 26/12/2021 - 09:25 socialgood.inc (1771 clicks)
Last edited 10/02/2022 - 03:42 by 2 other users

As per recent deal, I have tried and tested this myself, have gotten few thousands worth of SocialGood coins and cashed out to USDT.

It was $100 referral, now $200, not sure what to make of it, but my guess is they are not reaching their new sign up targets quick enough. Though, there's not much really to lose by trying out the App.

IMO eBay AU works best with tracking(12-24 hours) and approvals always happen at the end of the following month, so it takes 31-60 days for eBay AU.

Aliexpress have also worked for me. Haven't really tried other stores.

New users need to spend US$30 or more within 30 days of signing up.

For those who have more questions about the SG/App, withdrawals, feel free to DM me, happy to help answer any questions. I've been using the SG app since May 2021.

Announcement from SocialGood Support Team

Referral Links

Referral: random (29)

Referee receives US$200 worth of SG after US$30 purchase within 30-days. Referrer receives US$200 worth of SG after referee satisfied referral requirements. (Usually US$50 worth each.)

This is part of Boxing Day Sales for 2021

Other Boxing Day Cashback Cryptocurrency

16 Feb 2022 7:44am

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closed Comments

- shadowangel on 02/02/2022 - 12:08
  
  From what i have heard you also need to link metamask, you also may need to do KYC soon to withdraw. I have a similar amount in mine, just short of $300
keejoonc on 02/02/2022 - 12:09

Still no new approvals for me.
centrelink on 02/02/2022 - 16:44

+1

Minimum $300USD to withdrawl or not?
- shadowangel on 02/02/2022 - 17:15
  
  https://socialgood.zendesk.com/hc/en-us/articles/44164396166…
Ash-Say on 02/02/2022 - 17:40

I am still lost here and following comment is still confusing.

https://www.ozbargain.com.au/node/674068?page=5#comment-1171…

I have now SG sitting in Coinbase Wallet. Can someone guide me in simple words how to convert into AUD.

Many thanks
- shadowangel on 02/02/2022 - 17:53
  
  Download Bitmart, Do KYC. It should take a few mins
  
  Deposit into the SG account, then Sell the coins for something cheap to withdraw. Like Tether (TRC-20).
  
  next you need to exchange to cash to AUD like FTX or Binance.
  
  Alternatively, the easiest way is to swap on Uniswap however the fees will be very expansive ($80USD+). Using uniswap you can swap directly from your coinbase wallet to something like eth then withdraw to any exchange to cash it.
  - Ash-Say on 02/02/2022 - 18:00
    
    I understand process of Bitmart exchange but how do I send from Coinbase Wallet to Bitmart?
    
    My coinbase.com account is connected with Coinbase wallet and mycoinbase.com account is syncronised with FTX
    - jimwh on 02/02/2022 - 20:34
      
      I have exactly the same issue. Need get some ETH to pay for the gas fee. So buy some ETH or use SG to trade a small amount of ETH?
Ash-Say on 02/02/2022 - 22:56

+3

My partner just received following message. WTF!

The SocialGood Team has found that additional SG had been added to your account inside the SocialGood App. In order to correct your balance, we are temporarily suspending withdrawals from your account until further notice. We apologize for the inconvenience and will work to fix this as soon as possible. Nothing else inside your account will be affected.
- Sestrooper on 02/02/2022 - 23:00
  
  Same
- jimwh on 02/02/2022 - 23:07
  
  Is that in an email or some where in the app? You must have been approved for a lot of SGs.
  - aboutconfig on 02/02/2022 - 23:08
    
    Email.
    
    Approved 3000 SG. That is earned by following all the rules. So what's wrong for earning that following their rules
- [Deactivated] on 02/02/2022 - 23:15
  
  +2
  
  Everyone has received this email, not just you.
  
  First step was removing ebay rewards
  
  Second step was limiting withdraws to min $200USD
  
  Third step was limiting withdraws to min $300USD
  
  Fourth step was stopping them all together and sending this email.
  
  It's clear that the bottom is about to fall out of thos crypto coin and they're trying to stop people from offloading it.
  - Korban Dallas on 02/02/2022 - 23:33
    
    If it was would they really update the website?
    
    I think they are starting to get serious.
    
    I habe not received the email. Maybe because I haven't cashed out.
    - [Deactivated] on 03/02/2022 - 09:56
      
      I have friends who haven't touched their SG in months receive the email, so that's not the trigger.
      
      I think they are starting to get serious.
      
      Given how their app functions, their communication, and the massive P&D that just happened, I don't see how.
- mountaineer on 02/02/2022 - 23:16
  
  +2
  
  The same…They must be in a chaotic status right now…. I was given double the amount SG I was supposed to get…
- Chickenleg on 02/02/2022 - 23:20
  
  Also received. I have no idea what this means.
- keejoonc on 03/02/2022 - 09:58
  
  Am I the only one who hasn't received this email?
  
  EDIT: NVM didn't read the bottom of the thread.
aboutconfig on 02/02/2022 - 23:06

Withdrew ed some. Now got message says the SocialGood Team has found that additional SG had been added to your account inside the SocialGood App. In order to correct your balance, we are temporarily suspending withdrawals from your account until further notice. We apologize for the inconvenience and will work to fix this as soon as possible. Nothing else inside your account will be affected.
aboutconfig on 02/02/2022 - 23:23

Was considering actually hold some after they removed eBay rewards, now this is what
aboutconfig on 02/02/2022 - 23:30

+1

I think they may refer to, the eBay purchase suppose to be 2.6% was still credit to my account by 50% ratio.
Two orders on 1st Feb. So maybe this is the case.

Hopefully this doesn't end so quick
- CyberMurning on 02/02/2022 - 23:37
  
  Yeah i got one ebay purchased tracked doubled.
  But they are still pending. Just last week. Small anyway like aud 50
aboutconfig on 02/02/2022 - 23:40

Not doubled, 2.6% still tracked as 50%
jimwh on 02/02/2022 - 23:54

eBay tracked was given twice, so if you have approved eBay SG, you should get the email.

Mine don't get the email as I don't have approved EBay SG.

Maybe that is why they take eBay away.
- aboutconfig on 03/02/2022 - 00:01
  
  Do you mean ebay transactions happened in Dec, Jan been credit twice to account?
  
  But all the transaction showing in the history and being approved are different?
  - jimwh on 03/02/2022 - 00:21
    
    They were tracked once but it was approved twice so the approved amount from eBay doubled.
johnmelb on 03/02/2022 - 00:05

I've got no double tracking, still got an email everything is suspended until further notice …
- jimwh on 03/02/2022 - 00:25
  
  +2
  
  Check your notification. eBay was approved twice. So if you have an referral approved at the same time eBay was approved, you should get referral + eBay × 2.
  
  This is the case for my wife's account…
  - johnmelb on 03/02/2022 - 12:47
    
    Notifications is buggy tab for me in SG app.
    Often these are just empty for me.
    But then when I close the app and reopen I can see them.
- simpliciti on 03/02/2022 - 09:47
  
  Same here. Received the email. Nothing was inadvertently tracked twice. However, my booking.com, IHS rewards club and trip.com purchases are still missing.
  - johnmelb on 03/02/2022 - 12:46
    
    Booking.com never tracked. I provided proof that everything was done as I was supposed to, SG went quiet and didn't bother responding anymore.
    
    I don't see anything tracked twice but one of the eBay transactions does seem to be approved twice (confirmed that I have 10SG more than what I expected for the approved ones).
    Given that +-140SG didn't track from booking.com for me, they could just leave it …
    
    I had 2 eBay transactions on the same day, only one was approved twice though ..
    - keejoonc on 03/02/2022 - 12:53
      
      +1
      
      It's a waste of time querying anything with SG support. They will just send you the generic response and end result is always that you are at fault for doing something wrong. If it doesn't track, consider it a lost cause.
      - johnmelb on 03/02/2022 - 12:53
        
        @keejoonc: Agreed
Miss B on 03/02/2022 - 00:41

Didn't receive email, probably because none of my December purchases have been approved yet.
- CyberMurning on 03/02/2022 - 00:48
  
  same
- conducked on 05/02/2022 - 16:05
  
  i never received an email but when i try to withdrawal it says under withdrawal limit
aboutconfig on 03/02/2022 - 00:57

Ok so things clear, its genuine suspend request, false alarm ,
everyone be happy and sleep tight, tomorrow we keep printing money
and remember to hold stake your SG!

And we know eventually the party will end.
Miss B on 03/02/2022 - 07:52

Finally! Some of my purchases have been approved, including one of the bonuses. I didn't buy anything at the end of December. Seems they're down to the 19th.
- keejoonc on 03/02/2022 - 10:01
  
  Ebay?
  - Miss B on 03/02/2022 - 10:32
    
    +2
    
    Yep, Ali can take months. Ebay is normally start of the month, seems to be going a bit slowly this month, I estimate it will take them another ~5 days to finish approving Dec ebay.
arctan on 03/02/2022 - 08:31

One of the $100 bonus was rejected by SG. Not good.
- tajid on 03/02/2022 - 09:57
  
  Why?
  
  I did a $48 aud transaction yesterday but that seems to be tracking below $30 usd (which makes sense if you exclude shipping & taxes), so have to add a bit more.
  - arctan on 03/02/2022 - 11:23
    
    I am sure I bought something more than USD 30 on Aliexpress back in Dec 21. This morning it was rejected in notification.
    - jimwh on 03/02/2022 - 12:13
      
      Is your ali transaction tracked and rejected?
      - arctan on 03/02/2022 - 14:10
        
        @jimwh: Still pending
        
        jimwh on 03/02/2022 - 14:21
        
        @arctan: Your $100 bonus should be approved the same time Ali purchases are approved. Strange they rejected it while Ali is pending
  - johnmelb on 03/02/2022 - 12:52
    
    +2
    
    For AE I make sure that the item prices add up to >=$30 USD, excluding shipping and taxes.
    I shop in USD normally - better exchange rate too, easier to check spend.
    
    You can check your bonus in the SG app to see if you met the spend or not.
[Deactivated] on 03/02/2022 - 13:43

Hmmm.

My PayPal got locked right after using this.

Is their app sketch?
- aboutconfig on 03/02/2022 - 14:02
  
  +1
  
  PayPal is sketch
Mysterious on 03/02/2022 - 14:32

So what are everyones thoughts? Here are my scenarios:
1. This is was intentional and now an excuse to block withdrawals and pull an exit scam
2. Legitimate fault on their end, there was a massive influx of customers recently so they may have made a mistake. It is a small company after all.

Do you think we'll see our funds or not? I have a pending withdrawal, but my hopes aren't up.
- [Deactivated] on 03/02/2022 - 14:40
  
  +3
  
  Unsustainable. Free money doesn't exist.
  
  Complete failure to implement anti-referral abuse.
  
  It's going go to shit either way.
  - Korban Dallas on 03/02/2022 - 15:41
    
    Um yes it does exist. See how much the government has printed lately?
    
    But yes retarded for not having an abuse system in place.
    - [Deactivated] on 03/02/2022 - 16:28
      
      Printed money isn't free.
- aboutconfig on 03/02/2022 - 14:42
  
  +2
  
  They Stopped paying people SG since 22 hrs 31 mins ago
  They must have overpaid a lot of people if old eBay purchases have been approval ed twice
  - [Deactivated] on 03/02/2022 - 14:42
    
    🤣
- jimwh on 03/02/2022 - 14:45
  
  If it is a scam what they can run away is your cash back money. It is far more profitable to maintain a company and the SG crypto.
  - aboutconfig on 03/02/2022 - 15:29
    
    -4
    
    This could go as big as crypto.com $100B business if they play this right, however the team seems to be made of by rather stupid peoples
    - jimwh on 03/02/2022 - 15:52
      
      Couldn't agree more…
nadan on 03/02/2022 - 14:54

When searching for items on AE on SG app, the options are very limited in what shows up in the search versus searching directly on the AE app. Does it mean that the SG app only shows affiliated product?
- johnmelb on 03/02/2022 - 15:24
  
  +1
  
  No, I've found non-affiliated products while browsing via SG app too.
- CyberMurning on 03/02/2022 - 15:57
  
  agree. limited but thats is the way. just search from SG and get them. probably not the best or cheapest price, but you get coin back
- Empharand on 03/02/2022 - 19:23
  
  Yes, only affiliated product as that's how they make their $$$$
  - CyberMurning on 03/02/2022 - 19:56
    
    +2
    
    so what exactly affiliate product (or seller? can seller nominate just few of their product to be affil?)
    i mean does seller give some extra commision to aliexpress? all sellers already paid something to ali, right ? so why those sellers are different?
    
    i really hate this marketing way
geshc on 03/02/2022 - 15:27

So can someone explain to me their business model? How do they get the money to pay you back 100% of a purchase?
- aboutconfig on 03/02/2022 - 15:32
  
  They dont pay you out of their pocket directly, they pay you via their made up coins, the business goes on , the coin has a price people want to trade.
  Your cashback money is what this business is generating everyday, so its kind of you are trading the stock because you think the company is generating profits and will be big in the future ?
  - Korban Dallas on 03/02/2022 - 15:40
    
    True story but you know real money is made up too.
  - jimwh on 03/02/2022 - 15:53
    
    they use the cashback money to buy the coin back so they can keep value of coin high…
    - Korban Dallas on 03/02/2022 - 17:50
      
      -1
      
      Need higher staking rewards.
      
      Need SG on centralised exchanges
aboutconfig on 03/02/2022 - 20:27

-4

So the first batch of SG was distributed 277 days ago, in the early day stage (200 days ago), those received little SG:
strikefirst.eth
watpalders.eth
muchlove.eth
mrjaekin.eth
deuceace.eth
sawcon.eth
quacc.eth
voskcoin.eth 200 days ago
0xbami.eth
andrewfisher.eth 176 days ago
mrjaekin.eth 153 days ago
dhoulmagus.eth 153 days ago
koookies.eth 149 days ago

People used their public known ETH address to show their support to this project.
And cover this to their fans, they sure might receive some rewards in their private wallets.
Wendy O covered this project two weeks ago I think.
Vosk coin covered this several times, last time is several days ago I believe.

The people operating the distribution of SG, got their main SG token balance from SG deployer address 250K SG 114 days ago,
a large part bought from Bitmart then distribute to you,
a small part bought from Bittrex.
The wallet (funding the current distribution wallet, ) address ends with 1182 has $240K ETH and $372K BMC at the moment, not much
- ilovefullprice on 03/02/2022 - 20:57
  
  +1
  
  Ok, so what's your point?
  - aboutconfig on 03/02/2022 - 21:04
    
    Telling you what they have done and what they are doing. I have no point to make for you
- HomeAlone on 03/02/2022 - 21:32
  
  +5
  
  So the first batch of SG was distributed 277 days ago
  
  It was much earlier. Where are you looking?
  
  The people operating the distribution of SG, got their main SG token balance from SG deployer address 250K SG 114 days ago
  
  SG Deployer is the creator address of the SocialGood(SG) contract.
  
  That 250K SG transaction you are looking at wasn't the only one to occur at that time either. They minted 250k to each of their 3 payout addresses as well as 650k into what appears to be some kind of reserve wallet from where the 3 payout addresses are occasionally topped up from. (1.4M tokens total on this occasion. All up they have minted 1.62M to their own wallets)
  
  I wouldn't exactly call it their main token balance when they have bought back 5.68M tokens from Bitmart and 296K tokens from Bittrex. (5.97M tokens total at an estimated cost of $4.93M USD at time of TXs)
  
  5.97 + 1.62 = 7.59
  
  1.62 / 7.59 = 0.2134387351778656 (~21%)
  
  This means 79% of tokens used for payouts were tokens that they bought back on Bitmart/Bittrex.
  
  The wallet (funding the current distribution wallet, ) address ends with 1182 has $240K ETH and $372K BMC at the moment, not much
  
  The address ending in 1182 belongs to Bitmart. It's one of their new addresses that was created after the hack in December.
  - aboutconfig on 03/02/2022 - 22:41
    
    Thanks.
    
    I've just spent two minutes in the transaction history.
    Sure I don't have that much details as you since I've only been in this for a bit more than a month
  - popsiee on 03/02/2022 - 22:48
    
    -1
    
    Nice my opinion is 95% of Crypto's will fail and this is definitely a good bet for this club .
  - aboutconfig on 03/02/2022 - 23:52
    
    Ok I saw transaction with SG token as early as 545 days 7 hrs ago,
    From BirMart to the current distribution operation address
simpliciti on 03/02/2022 - 21:54

A few more past purchases are approved today. So far, from 31 Dec to 16 Dec purchases were successfully approved. One rejected for some unknown reason.
- simpliciti on 04/02/2022 - 10:07
  
  More approvals came through overnight (3 Jan 22 to 6 Dec 21).
  - Miss B on 04/02/2022 - 11:10
    
    My 8th Dec ebay are still pending.
    - Miss B on 04/02/2022 - 12:51
      
      +2
      
      Just got the last of my 8th. Now waiting for 2-3 Dec. Assuming not until tomorrow. Hopefully my other referral bought early in Dec from ebay.
      
      I really like the SG notifications, they're very pretty in the notification bar. Also because I like my cashback being approved.
aboutconfig on 03/02/2022 - 23:40

+1

Some one withdrew 54699 SG successfully just one hour before the suspension, nice
- jimwh on 03/02/2022 - 23:51
  
  Where you can find this information?
  - aboutconfig on 03/02/2022 - 23:55
    
    Its on the block chain, everything is transparent and fully recorded, and can not be modified or deleted .
    Not sure if its allowed to paste link here in ozbargain. Also to prevent this page to be back linked, if you want that information, you can PM me for the link to look at all
    the SG's been withdrew, from earned record became real token in your wallet
    - mountaineer on 04/02/2022 - 08:45
      
      It simply shows SG doesn't have any risk control function….having members grow from 600k to 1.6K in 1 month unprepared is suicidal given its business model.
      - Korban Dallas on 04/02/2022 - 12:48
        
        +1
        
        @mountaineer: They have stated they want 10 million by the end of the year. I think they will get it.
        
        mountaineer on 04/02/2022 - 13:45
        
        @Korban Dallas: If they try to use crypto as a coast to leverage this goal as long as they have deep pocket or great liquidity provider to back them up… Soft Bank?
        
        Korban Dallas on 04/02/2022 - 14:16
        
        @mountaineer: Be interesting to see their cut on commissions being payed out and being crypto which I would call faker money compared to fiat I guess they could use that leverage more.
        
        I wanna know who is selling SG and how much is being bought back.
        
        As it is, it goes up and down like any other coin.
  - shadowangel on 04/02/2022 - 14:41
    
    +1
    
    don't need a link, this is the contract address
    0xddf7fd345d54ff4b40079579d4c4670415dbfd0a
    
    enter that into ethscan.org
    
    you can see all transactions using SG
doweyy on 04/02/2022 - 11:51

+1

My eBay purchase on 9/12 just got approved alongside $100 bonus and referral.
- Utsav23 on 04/02/2022 - 17:16
  
  My eBay purchase bought on Jan 09th, not yet approved. Should I wait till March? :)
  - shadowangel on 04/02/2022 - 17:30
    
    +1
    
    Ebay is 30 days, so yes it might be next month or in a week or so.
Korban Dallas on 04/02/2022 - 12:48

Nothing from AliExpress has been approved. Started buying 1st of December. The one eBay one I did went through. With a heap of referrals.

No bonuses paid yet.
- Empharand on 05/02/2022 - 22:39
  
  Aliexpress is 60-90 days from when you confirm the product has been received via the Aliexpress app
mountaineer on 04/02/2022 - 13:30

Can anyone still withdraw right now or they suspended all withdrawal no matter what?
- Mysterious on 04/02/2022 - 17:10
  
  +1
  
  All withdrawals are suspended. Apparently I was given extra SG so my withdrawals were suspended, but in fact I received less SG than my actual eBay purchase of $60. I had two separate cashbacks for 17 SG and one for 8 SG.
  
  I'm surprised not many people are calling this out to be a scam. They've blocked withdrawals as soon as everyone got paid out their referrals and removed eBay for cashback.
  
  It already seemed fishy in the first place, but it was no risk for me and probably many others since I was making a $60 purchase on eBay anyway. So far I convinced this is a scam.
  - simpliciti on 04/02/2022 - 19:59
    
    Staking is also disabled. Rug pull next?
HomeAlone on 04/02/2022 - 13:35

Looks like the double approval issue is getting worse.

I had 14 eBay purchases approved this morning. 4 of them twice.
arctan on 04/02/2022 - 15:57

No luck from Aliexpress purchases so far.
jimwh on 04/02/2022 - 16:17

I bought three items on aliexpress and only two tracked. I bought another one yesterday and not tracked.

received another $100 bonus, wonder if I should buy another US$30 from Ali?

who else have issues tracking Ali express purchases?
- CyberMurning on 04/02/2022 - 17:03
  
  i had two didnt tracked
  one on the day that many reported the same
  one because i picked the item from wishlist.
  
  the other 10x purchases were fine (spreads on different day/months).. sometimes tracked in just 2-3 hours
doperst on 04/02/2022 - 17:14

I am waiting for ~ 350 SG to be approved from December purchases, which is less than $300. Will there be any way for me to withdraw them?

This was posted 2 years 4 months 12 days ago, and might be an out-dated deal.

Increased Referral Bonus of US$200 Worth of SG (Crypto): Min US$30 Spend in 30 Days Required @ SocialGood App

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