1. Can you introduce yourself? Tell us about your history and the team working on ShopNext ?
ShopNEXT is backed by Shopiness, the leading cashback platform in Vietnam. Shopiness currently has 700.000 users and 100.000 MAU generating $4 million in GMV from 1 million monthly transactions. ShopNEXT has partnered with over 600 local and international merchant brands. such as Shopee, Lazada, Amazon, Adidas, Booking.com, etc.
Shopiness is also one of the top selling partners for Lazada and Shopee in Vietnam in terms of affiliate marketing. With the affiliate network available from Shopiness, ShopNEXT has over 600 partners and is present in the Asian market. South East 6 locations at launch time
The ShopNEXT core team is also the core Shopiness team. You can find more information about our team here: https://docs.shopnext.io/whitepaper/our-team-and-advisors.
2. Can you tell us about your ShopNext project? ShopNext can come in and solve problems that existing competitors don’t have. And what is the competitive advantage?
“ShopNEXT is a Shop-To-Earn Crypto Onboarding Platform powered by Binance. We welcome new users to crypto by rewarding free crypto (Bitcoin, Ethereum, BNB, USDT) with their shopping at ShopNEXT.
Additionally, for every shopping transaction, ShopNEXT rewards users with additional NEXT, a digital currency issued by ShopNEXT. Users can sell NEXT on DEX and CEX exchanges to earn money. This is a Shop-To model. -Earn the first that ShopNEXT wants to create.
ShopNEXT is backed by Shopiness, the leading cashback platform in Vietnam. Shopiness currently has 700.000 users and 100.000 MAU generating $4 million in GMV from 1 million monthly transactions. ShopNEXT has partnered with merchant brands locally and across the country. More than 600 world brands such as Shopee, Lazada, Amazon, Adidas, Booking.com, etc.
You can watch a short video about ShopNEXT here: https://www.youtube.com/watch?v=5iUtHYaaiqw“
3. Has your team created a specific technology or protocol for this project? or have outstanding technology that the team is using or not?
We built our own platform from scratch. This is the first shop-to-earn platform. Since we are Dapp, there is no advancement in technology. Our main advantage is the experience we have in the cashback industry as well as tokenized forms from the store to earn unique income. Unlike other crypto projects with fixed tokens. Our tokens are designed with controllable variables that allow ShopNEXT to grow very well even with millions of users.
4. You can share ShopNext’s top milestones, upcoming goals. and plans in a nutshell?
Here is our roadmap:
Nov 2021 – Mobile app released in beta in 6 Southeast Asian markets with cashback feature for cryptocurrency purchases.
Q4 2021 – public token sale and official mobile app launch Announcing ShopNEXT joins Metaverse.
Q1 2022 – Launch of in-store rewards in Vietnam.
Q3 2022 – Increase user base in other markets”
5. What obstacles does your project encounter? How did the team fix it?
We do not create popular GameFi and NFT projects. So it was difficult for us to convince investors and supporters in the first place. But our vision of building a startup platform has never changed. We love crypto and we want everyone in the world to easily and securely join the crypto space. Through our platform, finally, we are delighted and proud that Binance shares the same vision of getting started with crypto with us and that they support us. since then Everything went much smoother.
6. Can you give an overview of Tokenomics and the utility of ShopNext Token?
Blockchain Network:
Token Supply:
Project Valuation:
Initial Token Circulation:
Initial Market Cap:
Platform Raise:
Individual Allocation:
Listing Price:
TGE Market Cap:
TGE Net Valuation:
Blockchain Network: BSC
Token Supply: 1,000,000,000
Project Valuation: $15,000,000
Initial Token Circulation: 59,291,667
Initial Market Cap: $889,375
Platform Raise: $2,850,000
Individual Allocation: about 200$ on IDO
Listing Price: $0.015
TGE Market Cap: $889,375
TGE Net Valuation: $15,000,000
7. Will smart contracts be open-sourced?
Yes, our smart contracts are audited by Certik, the report can be found here: https://www.certik.com/projects/shopnext
8. What is your marketing strategy? How do you intend to attract your first users?
Our marketing strategy is to coordinate media that are owned/earned/paid to be consistent and take advantage of community partnership
– Owned media: Shopiness app/web and the social commerce community in Southeast Asia.
– Earned media: Lifetime referral program
– Paid media: Advertise on Facebook/Google and PR/partnership channels
When launched in November 2021, we will enable crypto cashback for online shopping in 6 markets (VN,ID, TH, PH, SG, MY), each of which we will have at least a strategic partner with the crypto community. 1 Location We will prioritize media budget for VN to 50,000 MAU (approximately 3 months) before increasing our users in 5 other SEA markets. expand to japan Korea, Southeast Asia and other Asian markets.
9. What source of income will the team find to take care of the project?
ShopNEXT works as an affiliate marketer to connect. End users and merchants Merchants pay ShopNEXT commissions, which we share about 70% with our users as cashback and keep the rest as earnings.
10. Recently There’s a lot of hacking going on here. How do you deal with the security system?
Yes, security is the most important thing. That is why we have our platform reviewed by Certik, one of the best blockchain security companies in the world. The report can be viewed here: https://www.certik.com/projects/shopnext
11. Who are your current investors?
We are delighted to be backed by some of the most prestigious VCs and global communities: DAO Maker, Icetea Labs, UG Ventures, Raptor Capital, Kyros Venture, Onebit Ventures, Banter Capital, ZBS Capital, Gate Labs, Cinchblock, Black Mamba Venture. , Kiwi Group, Trade Coin Vietnam, La unchZone, Barmy, BSC Station, Megala Ventures, Lavender Capital, AVstar, VBC Ventures
12. Have you ever entered into an agreement with a reputable company, project or developer?
Our partners are Binance Pay, Binance Smart Chain, DAO Maker and Icetea Labs, the most famous companies in the world. And more to come as we grow our business.
13. Do you have news/updates about ShopNext that you would like to share with us?
ShopNEXT is launching a new version of its mobile app soon that allows users to lock their tokens and become MOONers. ShopNEXT VIP users ShopNEXT will enter the Metaverse in partnership with NFT and the gamefi project to offer The Shop-To-Earn model is the first in the Metaverse. In the future, we’ll be launching in-app mini-games that can help people engage with our app more often. Please follow our announcements for the latest news: https://t.me/shopnext_news