Hi ShopNEXT community,
In August, the biggest news was the release of our attractive lifetime referral program. Also worth mentioning is the smooth demonstration of how ShopNEXT can support Apple Pay upon its launch in the Vietnam market.
Key business figures
- Current MOONers: 44
- Current NEXT locked: 337,694
- Total tokens collected and burned in August: 697 STE and 34 NEXT
- Total STE rewarded (including processing transactions) till August 31: 57,810
- EPR value in USD (including processing transactions) till August 31: $4170
- Total STE of earning balances in app: 37,333
- Total STE of spot balances in app: 6101
Mobile app
The team released a sleek demonstration on how to shop-to-earn with Apple Pay on August 9. The UX is just amazing. On August 30, ShopNEXT launched a lifetime referral program where users can earn 10% of the total STE reward from their friends forever. Moreover, they will get 5 USD in $NEXT whenever any friend becomes a MOONer; the friend will get the same reward too. 😍
Tokens
Since the V2.0 mobile app’s release in January, 46 people have upgraded their MOON memberships, two of them have successfully downgraded last month. 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 697 STE via boosting, recharging, redeeming and marketplace trading fee. Those STEs have been burned by sending them to a dead address. We collected 34 NEXT from in-app gameplay and part of NFT marketplace trading fee; this NEXT amount will be burned as well.
- STE burned transaction:
https://bscscan.com/tx/0x3be91ca576dc25d8657f870ef1226ffa3f264b03f5e9e3ce1e1b892bb3cca765
- New STE total supply: 990,149
https://public-crypto.shopnext.io/cmc/ste/getTotalSupply?token=1b9b361c-e21e-4895-b2f7-9de67ae09362&isNumeric=1
- NEXT burned transaction:
https://bscscan.com/tx/0x7bec46cdc6f79ddb0aa4e3f77b1f8d4a2638fe22eafc1f141c8954af4a9f0212
- New NEXT total supply: 99,995,555
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 August 31.
- Total STE rewarded for shopping (including processing transactions): 57,810 STE
- EPR value (including processing transactions): 4170 USD
What next?
- Working on improving the Web3 connection in our mobile app.
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 hello@shopnext.io.