SocialGood
SocialGood is a mobile app (and browser extension) offering “crypto cashback” on online shopping. Instead of traditional store points or fiat cashback, SocialGood rewards users with its own cryptocurrency, SG tokens, whenever they shop at participating stores.
The idea is straightforward: you browse partner retailers via the SocialGood App (or the extension), make purchases as usual, and after checkout and purchase confirmation, you get a portion of your spend back in SG tokens.
How It’s Supposed to Work — “Shop-to-Earn”
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The app supports many large online retailers — including well-known global stores.
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After you place your order via the linked retailer, the purchase is tracked by SocialGood; once confirmed, the platform credits “pending SG” which then becomes yours.
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Purchases may qualify for up to 100% “crypto-back” (i.e. you potentially get back the full amount in SG tokens) — though actual rates vary depending on the retailer and promotion.
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There is support for “cash-out” or conversion: SG is an ERC-20 token and it can — in principle — be traded on exchanges or withdrawn to crypto wallets.
Supporters see this model as a way to merge everyday shopping with crypto adoption: you don’t need to actively “buy crypto”; you earn it simply by doing what you already do — shop online.
SG Token — What Is Its Current Situation
SG is a cryptocurrency running on Ethereum. As of recent data, SG’s value is very low compared to its past, which was once significantly higher.
The token’s maximum supply is stated at 210 million SG.
SocialGood positions SG not just as “cashback currency,” but as a membership access pass to use the App’s services — meaning demand for app use could influence demand for SG.
Taken together, while SG can be traded or withdrawn, its low recent value — and volatility common to crypto assets — make any returns speculative.
Promised Benefits & Extra Features
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The possibility of “100% Crypto-Back” — meaning some purchases may reward you with SG tokens equivalent to your purchase amount.
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Some versions of the app suggest “staking rewards” or bonuses for holding SG — a draw for crypto-savvy users.
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Referral and sign-up bonuses: new users (or those who refer others) reportedly receive SG bonuses upon meeting certain criteria (first purchase, KYC, etc.)
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No direct upfront cost (assuming you shop anyway) — the earning structure seems tailored for people already buying online, rather than active investors.
What Many Users Say — Problems & Risks
Despite its appeal, SocialGood has drawn serious criticism — especially about withdrawals and actual usability of earned SG. On review platforms, many users claim they were unable to withdraw their earned SG, sometimes indefinitely.
A typical complaint from Trustpilot reads:
“Very clearly a scam to siphon off cashback on purchases and lock it away with Social Good crypto that can’t be sold by ordinary users.”
Another common issue: even when users followed all requirements (purchases, verification, etc.), withdrawals reportedly never materialized — or were delayed for many weeks, with little to no support response.
Additionally, some external reviews argue that the fee structure, high withdrawal fees, complicated “membership” or KYC requirements, and lack of transparency make the app “less-than-ideal.”
In short, although SocialGood markets itself as a “free crypto-back” platform for shoppers, real-world experiences suggest a significant risk that you may never realize the promised rewards — or end up with tokens that are hard to cash out
What You Should Keep in Mind — A Balanced Take
If you’re considering using SocialGood, it’s important to treat it with caution.
Think of SG not as guaranteed cashback, but as a speculative crypto asset — with volatility and uncertainty about liquidity.
If you try it: treat any SG you “earn” as optional bonus, not as reliable income. Don’t overspend or shop only to chase crypto rewards.
Before expecting withdrawal: read carefully the app’s requirements (verification, minimum purchase thresholds, KYC, eligible stores).
Monitor SG’s market — since price has dropped a lot, what looked like generous “crypto-back” could end up being minimal.
On the flip side: for someone already shopping online, and interested in crypto — SocialGood can be viewed as a low-cost, low-commitment experiment. You don’t need to invest upfront; you just need to shop. If SG’s value recovers, maybe you benefit. If not — you lose little beyond time and effort.
Final Thoughts
SocialGood attempts to blend e-commerce and cryptocurrencies: a compelling, modern idea. Its “shopping → crypto rewards” model might sound like catching two birds with one stone — shopping and earning. And for some users, it might even deliver a few tokens to hold.
However, evidence from user reviews, withdrawal complaints, and SG’s own price history suggests this isn’t a guarantee. The path from “click ➜ buy ➜ earn ➜ cash out” is full of caveats, with potential hurdles at payout time.
