Hi ShopNEXT community,
Key business figures:
- Current MOONers: 44
- Current NEXT locked: 558,625
- Total tokens collected in Nov: 517 STE and 39 NEXT
- Total STE rewarded (including processing transactions) till Dec 31: 79,881
- EPR value in USD (including processing transactions) till Dec 31: 6633
- Total STE of earning balances in app: 58,234
- Total STE of spot balances in app: 6163
- STE redeem to voucher: 300
Mobile app
Last month, we fixed some critical issues regarding the recognition of on-us Visa card transactions. It has been working well since then. Another good news is that our app was also validated on the Magic Store site last month with more than 5000 votes from our global community members. From now on, everyone will have another good place to check all the information about the ShopNEXT project.
Tokens
Currently, there are 44 users having MOON status, who have locked a total of 558,625 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 517 STE via boosting, recharging, redeeming and marketplace trading and mini game fee. We collected 39 NEXT from in-app gameplay and part of NFT marketplace trading fee; this NEXT amount will be burned once we collected a substantial amount.
ShopNEXT will mint more STEs to make sure our Operation Wallet (https://bscscan.com/token/0x36530092b1413c21ab7e5203197cf76d4d598888?a=0x6a2f150ad79689f7ce7db8f20628b3a7cb4ef4d0) will be equal to the total amount of STE in spot and earning balances.
The operation wallet balance:
- Current balance: 59,723 STE
- New balance: 64,397 STE (Minting 4674 STE)
- Mint transaction: https://bscscan.com/tx/0x5f12a39236f2f0aea4bdb8443a23bb2ce5cc733525f47e514518d23dbf714740
New STE total supply: 562.253
https://public-crypto.shopnext.io/cmc/ste/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 Dec 31.
- Total STE rewarded for shopping (including processing transactions): 79,881 STE
- EPR value (including processing transactions): 6633 USD
What next?
- Rolling new rewarding model.
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.