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

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Another increase in referral bonus. Some info from Ozbargain Post. I have had similar experience.

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.

More conversation over at OzBargain https://www.ozbargain.com.au/node/674068

Referral Links

Referral: random (1)

US$25 each for referrer and referee.

Related Stores

SocialGood
SocialGood

closed Comments

  • Very tempting. What I don't get is who's providing liquidity on the token when it comes to sell- As in, why would anyone buy SG token from me on an exchange when they could get it essentially for free instead from cashback?

    • I guess like any token out there people buy and sell all the time.

    • Some of the liquidity seems to be coming from the SG Foundation itself buying SG on the exchanges. Note that the SG price does not move with the market, for example it didn't tank when the rest of the market did recently. I'm not 100% sure where the foundation gets the funds to buy SG but it seems like it is coming from retailer kickbacks and maybe marketing funding. I did a bit of research and concluded it is not a scam, but I have a hard time convincing other people of that, hah. I guess I'll find out for sure soon enough (I'm waiting for my pile of SG to go from 'pending' to 'approved' so I can transfer it to the exchange).

  • Does ebay au work for us?

    • Yes! All you need to do is change the country in the app.

      • Currently app auto selects NZ. Do you select Australia? And can you get it shipped here?

        • eBay Australia doesn’t ship to NZ.

          But you can use AusFF to forward your items.

          • @hsran: have you used them or other FF before?

            • +1

              @justaddwater: Quite a few times in the last 2 years as I had eBay Plus subscription.

              The shipping prices have doubled so recently switched to Amazon AU.

  • +1

    Official SG Telegram in case you want to ask about something

    https://t.me/SocialGood_io

  • I find the Ali express refund to take 2 months. It's still well worth the crypto back. while it's sitting in SG you get intrest on it while you wait for your other purchases to be approved so that's handy too.

  • Just spend $50 on AliExpress, how long will it take to unlock the $200 sign up and get the $50 back from the purchase?

    • +1

      Normally it says 75-90 days

  • FYI
    How it works

    Inviter: Invite friends and get US$200 worth of SG for each new user. The referral bonus will be reflected in the "Referral History" of the app immediately.

    Invitee: After registering and making purchases totaling US$30 or more within 30 days, invitees will get US$200 worth of SG.

  • I think you can also get $100 bonus with a >$100 purchase but could be targeted.

    So $200 (refferal bonus) + $100 (bonus) + Cashback.

  • Update on this, the offer is now extended until the end of February 2022.

  • +1

    Note that the minimum withdrawal has been increased to $300USD (temporarily apparently), Ebay has been delisted as a shopping option (they are 'investigating' something), they are adding eKYC, and their withdrawal process means you incur 2x ETH gas fees.

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