Hi ShopNEXT community,
We had a quiet May outside, but inside, the team is busy cooking up new features for the coming mobile app release. Remember, those who built and survived from the 2018 crash led the bull run in 2021.
Key business figures:
- Total MOONers: 43
- Total NEXT locked: 268,122
- Total tokens collected and burned in May: 275 STE and 499 NEXT
- Total STE rewarded (including processing transactions) till May 31: 66,618 STE
- EPR value (including processing transactions) till May 31: $3972
Mobile app
The team spent the month preparing for the launch of mobile app V2.2.0. The coming release will have a substantial impact on the whole ecosystem and will considerably change the way people use the mobile app. Can’t wait for the launch date. 💪
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 275 STE via boosting and recharging. Those STEs have been burned by sending them to a dead address. We collected 499 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/0x6928e1a9ef475f9840c1e989da4b20c3e58cf1fb4e18161aad1af976d53672d9)
- New STE total supply: 992,632
(https://public-crypto.shopnext.io/cmc/ste/getTotalSupply?token=1b9b361c-e21e-4895-b2f7-9de67ae09362&isNumeric=1)
- NEXT burned transaction: (https://bscscan.com/tx/0xd611e8e73d14988d982d7c1a5c0631759c6257ddf9cc955606d0fd16cde237d2)
- New NEXT total supply: 99,996,736
(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 May 31st.
- Total STE rewarded for shopping (including processing transactions): 66,618 STE
- EPR value (including processing transactions): 3972 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.