ShopNEXT Community Report – Jun 2023

Hi ShopNEXT community,

We released the V2.2.0 mobile app and the new whitepaper this Jun. They are key milestones that lay the foundation for the growth of ShopNEXT in the coming months. If you are reading this report right after its release, you are still very early, but not for long!

Key business figures:

  • Total MOONers: 44
  • Total NEXT locked: 293,880
  • Total tokens collected and burned in Jun: 1266 STE and 573 NEXT
  • Total STE rewarded (including processing transactions) till Jun 30: 53,116 STE
  • EPR value (including processing transactions) till Jun 30: $3391

Mobile app

The team spent months preparing for the launch of the mobile app V2.2.0. More than 30 top brands in Vietnam are added to Visa partner deals, which offers the best experience for new users to enter Web3 via shopping and collecting the very first tokens.

Tokens

Since the V2.0 mobile app’s release in January, 44 MOONers have locked a total of 293,880 NEXT. For newcomers who may not be aware, MOONers are our VIP members who can earn the most benefits from our ecosystem. Users must lock $300 in NEXT to upgrade their MOON membership and use NFT cards to boost token earnings.

From our in-app gameplay, we collected 1266 STE via boosting, recharging, redeeming and marketplace trading fee. Those STEs have been burned by sending them to a dead address. We collected 573 NEXT from in-app gameplay and part of NFT marketplace trading fee; this NEXT amount will be burned as well.Β 

EPR 

ShopNEXT is the first to introduce an External Profit Reserve (EPR) to capture external profit from our business and back STE tokens rewarded for shopping. Here is the data up to Jun 30th.

  • Total STE rewarded for shopping (including processing transactions): 53,116 STE
  • EPR value (including processing transactions): 3391 USD

What next?

  • Issue an appealing referral scheme to grow users.
Our journey has just started, and we’re so excited to see people onboarding Web3 via shopping!πŸš€

#ShopNEXT #Web3LoyaltyPlatform $NEXT $STE


ShopNEXT is an innovative Web3 app that helps you make money as you shop. With just a single app, you can shop and earn token rewards up to 30% from thousands of merchants worldwide, whether online or offline. ShopNEXT is empowered by partnerships with Visa and Binance Pay. For more news and the latest updates about ShopNEXT, please visit our Website – Discord – Telegram – Twitter – Facebook or email to hello@shopnext.io.

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