Hi ShopNEXT community,
In April, we released the mobile app V2.1.0, which allows users to redeem earned STE to vouchers. Such a cool feature which adds another use case for STE token.
Key business figures:
- Total MOONers: 43
- Total NEXT locked: 268,122
- Total tokens collected and burned in April: 102 STE and 321 NEXT
- Total STE rewarded (including processing transactions) till April 30: 60,359 STE
- EPR value (including processing transactions) till April 30: $3398
Mobile app
Thanks to the feedback from our community members, we kept testing the app and fixing the bugs so that version 2.1.0 has been released. But the most expected release would be 2.2.0 with major changes. Good news is that it is coming real soon!
Tokens
Since the V2.0 mobile app’s release on January 10, 43 MOONers have locked a total of 268,122 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 102 STE via boosting, recharging, and opening the NFT cardcases. Those STEs have been burned by sending them to a dead address. We collected 321 NEXT from in-app gameplay and NFT marketplace trading fee; this NEXT amount will be burned as well.
- STE burned transaction:
(https://bscscan.com/tx/0x5f2d9664b22dfa5e302dfce194685a4843de78e1a0936ac030246b9828ce564c)
- New STE total supply: 992,907
(https://public-crypto.shopnext.io/cmc/ste/getTotalSupply?token=1b9b361c-e21e-4895-b2f7-9de67ae09362&isNumeric=1)
- NEXT burned transaction:
(https://bscscan.com/tx/0xc02ca0331740b6f4300367fb885f3d8f115455c4fd5ad4a087496275e75d064e)
- New NEXT total supply: 99,997,235
(https://public-crypto.shopnext.io/cmc/next/getTotalSupply?token=1b9b361c-e21e-4895-b2f7-9de67ae09362&isNumeric=1)
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 Apr 30th.
- Total STE rewarded for shopping (including processing transactions): 60,359 STE
- EPR value (including processing transactions): 3398 USD
What next?
- Releasing the mobile app V2.2.0
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 Website – Discord – Telegram – Twitter – Facebook or email to hello@shopnext.io.