Hi ShopNEXT community,
September welcomed big brands in Vietnam, such as Coopmart, Lottemart,Be, etc., to join our Visa-partnered deals list. Now every Visa card holder can earn STE token rewards when spending at about 40 of the biggest merchants in Vietnam. We also listened to the request of the community to change the NFT card-case redemption levels and the withdrawal threshold.
Key business figures
- Current MOONers: 44
- Current NEXT locked: 337,694
- Total tokens collected in Sep: 394 STE and 30 NEXT
- Total STE rewarded (including processing transactions) till Sep 30: 62,666
- EPR value in USD (including processing transactions) till Sep 30: 4,696
- Total STE of earning balances in app: 45592
- Total STE of spot balances in app: 6185
- STE redeem to voucher: 324
ShopNEXT reduces the redemption fee to 100, 200, 300, and 400 STE for NFT card cases from Level 1 to Level 4, respectively. Moreover, our STE threshold to redeem mobile top-up cards, shopping vouchers, or withdraw to the Web3 wallets has also been lowered to 300 STE.
Since the V2.0 mobile app’s release in January, 46 people have upgraded their MOON memberships, two of them have successfully downgraded. So currently, we have 44 MOONers, who have locked a total of 337,694 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 394 STE via boosting, recharging, redeeming and marketplace trading fee. We collected 30 NEXT from in-app gameplay and part of NFT marketplace trading fee; this NEXT amount will be burned.
From this month onwards, ShopNEXT will consolidate the reserve wallet into the operation wallet. We burned all redundant 440,343 STE and just kept the amount of STE in the operation wallet to be equivalent to the sum of STE tokens in earning and spot balances in our mobile app.
- The operation wallet balance: 51,777
- New STE total supply: 549,806
- NEXT burned transaction:
- New NEXT total supply: 99,995,525
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 Sep 30th.
- Total STE rewarded for shopping (including processing transactions): 62,666 STE
- EPR value (including processing transactions): 4696 USD
- Release mobile app V2.4.0.
Our journey has just started, and we’re so excited to see people onboarding Web3 via shopping!🚀
#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, Google Cloud and Binance Pay. For more news and the latest updates about ShopNEXT, please visit our Website – Discord – Telegram – Twitter – Facebook or email to email@example.com.