Cryptocurrencies have been with us longer than we think, in fact, 11 years have passed since the creation of Bitcoin. During that time, the ...
What Is Shopereum?
Shopereum is a company that offers us a whole range of possible solutions related to the e-commerce sector and cryptocurrencies. A company with a dream of accelerating cryptocurrency adoption while empowering merchants and buyers around the world. All work with their own token (xShop) that works on the Ethereum blockchain.
It has the backing of major blockchain project analysis portals, as demonstrated by its 4.2/5 ratio in ICObench. One of the great references in the sector.
The Fundamental Feature of Shopereum
Although it offers many different features, we could say that the Shopereum development team is committed to being a Marketplace that integrates all kinds of technologies related to e-commerce. That the buyer can transparently access various markets, regardless of the technology with which they are developed, and the sellers can also develop their markets here.
As a basic starting point, Shopereum offers us to be the ability to buy using the main cryptocurrencies (BTC, LTC, ETH, XRP, etc.), the native xShop token (with whose use we will obtain a 5% discount on our purchases), or fiat money. In this way, it is possible to accelerate adoption and empower the client and seller, thanks to the transparency of the intermediary.
Putting The Pieces Together
The big problem that currently exists in the e-commerce sector for cryptocurrencies is that adoption and online stores that accept cryptocurrencies are not united, that is, where we have online stores developed to accept cryptocurrencies, we have few users and small marketing budgets. ; and where we have a large user base (Amazon, AliExpress, etc.) we do not have the possibility of paying with cryptocurrencies. Until now, all the approaches in this regard were based on wallets and extensions/plugins for browsers that allow you to pay with cryptocurrencies on some of these widely used websites. But in the end, they are small patches, not a definitive solution.
Shopereum's goal is to go one step further and make all this integration in a single Marketplace within the platform itself.
The Business Model
Thus, Shopereum can be defined as a market of markets, market aggregator or second level Marketplace.
Owners of small online stores can easily integrate under the Shopereum umbrella, thus allowing access to a much larger potential customer base. In addition to solving some technical problems thanks to receiving technology from Shopereum. Also, they will be able to configure their payment platform to receive payments in the type of currency they want, even being able to convert all cryptocurrencies to fiat at the same time the purchase is made, applying the exchange rate in force at that time.
Buyers have the advantage of having many markets grouped under the same portal and with the possibility of obtaining additional discounts (payment with xShop token) and using their cryptocurrencies to buy. Although let's not forget that, given the strategy of trying to reach the whole world, fiat money will also be accepted.
In addition, Shopereum tells us that this drop-shipping strategy -which in itself would be a great advance over current e-commerce options with cryptocurrencies- will be complemented and improved with an Artificial Intelligence (AI) tool with which to will optimize searches to help us find the best products at the best prices within any of the integrated marketplaces.
The xShop Token Starts Trading
At a technological level, Shopereum has developed its platform on the Ethereum blockchain. The operating token of the platform, which will allow us to obtain the discounts, is the xShop token and these are its basic characteristics:
Name Shopereum token v1.0
Symbol: xShop
Technology: ERC-20 token
Total amount: 600,000,000
Free float in circulation: 180,000,000
The developers estimate that the platform will be up and running in August 2020, but the token begins trading on this same day, January 25!
To celebrate its successful launch, xShop makes available to investors and users the possibility of buying directly on the xShop website with a 25% BONUS, you just have to create an account, enter and buy them directly.
On January 25, xShop tokens will be able to be bought and sold on the Coineal exchange and on the Lukki exchange on February 4. But it will not be until March when the tokens can be deposited and withdrawn from the platform when its implementation on the platform has been well tested. A very common defensive maneuver in cryptocurrency exchange houses.
To celebrate this launch, we have a trading contest on the Coineal platform itself. A total of 250x Shop will be awarded in a ranking that will include the top 10 of the contest (starting with 100x Shop for first place, 50x Shop for second place, 30x Shop for third place, and 10x Shop for those ranked 4-10).
Conclusion
We will have to be very attentive and closely follow the evolution of this project because it promises great things. They have a very ambitious roadmap and a very well-defined value proposition.
COMMENTS