ShopNEXT (NEXT)

What Is ShopNEXT ?

ShopNEXT  is an integrated platform between shopping and cryptocurrency . The app is powered by Shopiness-the leading cashback rewards platform in Vietnam. With 5 years of experience in the business field, the developer understands the ability to “fascinate” customers from promotional bonuses.

ShopNEXT helps players receive bonuses in the form of cryptocurrency for shopping. Users will receive tokens (Bitcoin, Ethereum, BNB, USDT and NEXT) when shopping at ShopNEXT partners. This form is being said to be the easiest and safest way for anyone new to cryptocurrency. ShopNEXT is powered by Shopiness, the leading cashback platform in Vietnam. Shoponess currently has 700,000 users generating $4 million in merchandise value from 1 million transactions per month.

ShopNEXT  Unique Features

• With only ShopNEXT’s mobile app, users were able to shop online or offline and receive cashback in NEXT tokens to their wallets instead of cash. That way, ShopNEXT can turn billions of people who know about crypto into cryptocurrency owners and successfully solve the question of mass crypto adoption.
• The business model is simple but effective. From the app, users can choose the sellers they like and shop. They will still receive all current discounts from sellers as usual. Partners pay ShopNEXT sales commission (from 5% to 30% of total value). ShopNEXT shares 60-70% of this commission to users in crypto and retains 30-40% as revenue.
• For in-store payments, the process is similar. Users shop at ShopNEXT partner stores and make all service payments through ShopNEXT’s mobile app to get instant cashback on the app.
• ShopNEXT will take advantage of the user base and introduce them to new crypto projects. These projects will reward ShopNEXT for user activities, and ShopNEXT will share that money with its users. This is a win-win model for ShopNEXT, partners and users.
  • For users, ShopNEXT will introduce them to all the exciting activities in the crypto market like Dei, NFT, etc.
  • For crypto partners, the project can reach a huge user base from ShopNEXT.

Roadmap

ShopNEXT Token Economy

All shopping members will be able to earn NEXT, but normal users will only earn a very little amount of token, mostly for teasing purposes. To earn a high enough quantity of NEXT while shopping, they have to lock a certain amount of NEXT. They will use controllable variables to control the NEXT token inflation, so that a normal shopper who spends roughly $250 a month can expect to earn an amount of token equivalent to $100. Those tiny amounts of NEXT they distribute to the normal users, may actually just sit on the mobile app, not be diluted to the market as not big enough for them to withdraw, that is why they use them as a teasing purpose, so that everyone wants to become MOONer, to strive to earn more.

To control the demand-side of NEXT, they make the MOON level very attractive and accessible, so that people are willing to buy and stake NEXT to become MOONer. Once the NEXT price is high, which makes the entry level of MOON level also high, they can organise flash sales to recruit more MOONers, who may stake less tokens than usual.

To encourage people to hold more tokens, they run a campaign called MOOners of the Month (MOTM) monthly. A big pool of rewards will be given to the top 10 who hold the most tokens, make the most referrals and make the most shopping orders.

They will use the rest of their revenue (after sharing 60-70% to users as cashback) to buy back NEXT from the market quarterly to top-up their community reward fund.

They have many monetizing in-app mini games that will encourage users to engage with their app better and those NEXT paid by users in participating games will be sent to their community reward fund.

Detailed Token Metrics

Token Distribution

Token Release Schedule

Team Members

Investors & Partners