Our goal is for Shping Coin to evolve into a new token of exchange that brands, retailers, certification bodies and associated authorities can use to incentivize shoppers to contribute, monitor and engage with information about their products. By enabling businesses to reward shoppers to make smarter and safer shopping choices, we aim to make Shping Coin a highly accessible cryptocurrency.
What is Shping?
Shping is an innovative, shopper-marketing ecosystem that enables participating brands and organisations the opportunity to reward shoppers who use the Shping App with a new cryptocurrency called Shping Coin.
By scanning product barcodes with the App, shoppers can reveal useful information, contribute product reviews, or activate actions set by brands to unlock more Shping Coins. For businesses, Shping offers a new way to market to shoppers at the critical point of purchase while enabling brands to gather analytics to help inform their strategic decisions.
Making shopping a smarter, safer and more rewarding experience for all.How will Shping Coin Work?
The Shping Ecosystem is built on product information provided by a scalable number of trusted and verified data sources. This include data from participating brands, and a growing list of strategic partners including GS1 local members, certification and government authorities, product recall portals, and Everledger who have created a global, digital ledger that tracks, protects and stores the provenance of diamonds and valuable assets. Along with crowdsourced data (from Shping App users), the data is collected from these sources into a continuously updated, distributed product database; at over 30 million products and growing, it is on the way to becoming the biggest in the world.
The Shping App
Shping makes shopping smarter - and rewards you just for using it.
Blockchain Integration
The Shping Platform is powered by Ethereum smart contracts and manages product traceability on the back of hyperledger and GS1 EPCIS standards. Shping will be partnering with Everledger to create a private blockchain based on the Hyperledger Fabric to play the role of a register for EPCIS events. The integration with Everledger is a work in progress.
This allows information such as the serialization of products, item movements through the supply chain, and sales and product recall alerts to be exchanged quickly and securely. All brands, distributors and retailers can become a member of this network, start their nodes and use the EPC Codechain. Shping’s blockchain integration agent will provide blockchain information to consumers and third parties via EPCIS SOAP service.
Fast Facts: The Shping Coin Economy
- Businesses who wish to use the Shping Platform to market to shoppers at the point of purchase must have a positive balance of Shping Coins to activate their campaigns.
- The Token Sale therefore represents a good opportunity for businesses and individuals to purchase Shping Coins at an introductory rate.
- This will be the only time that Shping will release Shping Coins for purchase.
- There will be no more tokens generated outside of the initial distribution.
- USA, China and New Zealand residents are excluded from purchasing Shping Coins during the Shping Token Sale.
- Once the Token Sale has concluded, any interested party including brands, retailers and other users of the Shping platform may be able to acquire Shping Coins through accepting cryptocurrency exchanges (to be announced in early 2018).
- Buyers who purchase Shping Coins during the Token Sale will receive their tokens as soon as the transaction has been completed.
Shping Development Roadmap
Shping’s application development roadmap is as follows:
Shping Roadmap - Milestones of Funding
Shping have laid out a roadmap that proposes each milestone of funding, and what Shping aims to accomplish with those funds. Each of Shping’s milestones builds upon the opportunities offered by the previous milestone. The milestone plan sets out Shping’s indicative goals and targets only.
Token Distribution
Key Dates & Bonus Structure
Team
Advisors
Strategic Partners
Bounty and Referral Programs
Links
Website: https://tokensale.shping.comSign up to buy Shping Coin (whitelist): https://tokensale.shping.com/buy-shping-coins.htmlWhitepaper: https://tokensale.shping.com/assets/shping_coin_whitepaper.pdfOne-pager: https://tokensale.shping.com/assets/shping_coin_one_pager_en.pdfTelegram Community: https://t.me/ShpingCommunityTelegram Announcements: https://t.me/ShpingTokenSaleReddit: https://reddit.com/r/ShpingCoinTwitter: https://twitter.com/ShpingAppFacebook: https://www.facebook.com/ShpingAppLinkedin: https://www.linkedin.com/company/17959229Medium: https://medium.com/@ShpingYoutube: https://www.youtube.com/channel/UCoQ9aka_nNRI4NylV64O6AAGithub: https://github.com/ShpingGitbook: http://docs.shping.comFeel free to post any questions and a member of our team will reply as soon as we can!