ShopNEXT Community Report – March 2023

Hi ShopNEXT community,

In March, the biggest event would be the release of our mobile app V2.0.1, which allows normal users to use NFT cards and provide MOONers with a 20% reward bonus.  Let’s delve into how our app and token have performed in the past month.

Key business figures:

  • Total MOONers: 39
  • Total NEXT locked: 217,037
  • Total tokens collected and burned in March: 160 STE and 201 NEXT
  • Total STE rewarded (including processing transactions) till March 31: 45,605 STE
  • EPR value (including processing transactions) till March 31: $2653

Mobile app

Thanks to the feedback from our community members, we kept testing the app and fixing the bugs so that version 2.0.1 has been released. Our team is working on a new release with exciting updates, stay tuned, MOONers!

Tokens

Since the V2.0 mobile app’s release on January 10, 39 MOONers have locked a total of 217,037 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 160 STE via boosting, recharging, and opening the NFT cardcases. Those STEs have been burned by sending them to a dead address. We collected 201 NEXT from in-app gameplay and NFT marketplace trading fee; this NEXT amount will be burned as well. 

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 March 31st.

  • Total STE rewarded for shopping (including processing transactions): 45,605 STE
  • EPR value (including processing transactions): 2653 USD

What next?

  • Releasing the mobile app V2.1.0

Our journey has just started, and we’re happy to see people using Web3 in their daily lives.

#ShopNEXT #Web3LoyaltyPlatform $NEXT $STE


ShopNEXT is a Web3 Loyalty Platform powered by Visa and Binance Pay. We utilize card payment, NFT and gamification to invent the Shop-To-Earn model. ShopNEXT allows users to earn token rewards from daily shopping while helping merchants grow their businesses. ShopNEXT token is a kind of loyalty point but the difference is that it is developed on blockchain and exchangeable. For more news and the latest updates about ShopNEXT, please visit ShopNEXT’s WebsiteDiscordTelegramTwitterFacebook or email to hello@shopnext.io.

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