What is ShopNEXT? Basic information about ShopNEXT and NEXT

• ShopNEXT . project overview
• What is the ShopNEXT project?
• What are the highlights of the ShopNEXT project?
• How ShopNEXT . Works
• How to make money of ShopNEXT
• ShopNEXT . Developers, Advisors, Investors and Partners
• The development roadmap of ShopNEXT
• NEXT . token overview
• What is NEXT token?
• NEXT . token details
• NEXT . Token Allocation
• Where can I buy NEXT tokens?
• The future of the ShopNEXT project and whether to invest in NEXT tokens or not?
• summary

ShopNEXT . project overview

What is the ShopNEXT project?

ShopNEXT is a project that integrates online shopping platforms, allowing users to freely shop and receive free cryptocurrencies (such as BTC, ETH , BNB , USDT and NEXT). ShopNEXT is powered by Shopiness – the leading shopping and cashback platform in Vietnam with 700,000 trusted customers. 

With user-friendly mobile app development and new business model, ShopNEXT aims to be the first to help billions of people in Asia access cryptocurrency.

What are the highlights of the ShopNEXT project?

ShopNEXT is a unique combination of E-Commerce with a new form of cashback in cryptocurrencies. Through ShopNEXT app, users can earn cryptocurrency through daily shopping activities. As follows:

Online shopping : The project will integrate many e-commerce sites and users can freely shop for items from many famous stores and brands on a single mobile application, ShopNEXT.

In-store payment : Users can pay for goods through the mobile application at ShopNEXT's partner stores.

Explore other crypto projects : The decentralized finance market is growing rapidly. To keep up with the trend and meet the needs of users, ShopNEXT supports their customers to invest in DeFi, trade NFT through its application.

Thanks to the support of Shopiness, ShopNEXT has integrated sales & marketing system with more than 600 brands. In the future, ShopNEXT will continue to bring many other brands to the shopping list for users. 

In addition, ShopNEXT is not only limited to a single blockchain, but also continues to research other blockchains such as Solana , Polkadot… to expand the ecosystem and bring more benefits to users.

Recently, ShopNEXT announced a partnership with Binance Pay to implement the Shop-to-Earn Crypto payment platform. It is expected that the platform will support up to 40 cryptocurrencies for users to freely choose and shop.

How ShopNEXT . Works

Cashback on shopping is considered a new trend in the field of e-commerce. With this form, users when shopping will receive a certain amount of money back and they can use this money to make subsequent transactions. Thereby, cashback is seen as a solution to motivate customers to shop more in the future. 

Today, many eCommerce companies and platforms use cashback shopping as a plan to increase customer loyalty.

Similar to traditional business cashback, people can use the ShopNEXT mobile app to shop and get a certain amount of cash back in cryptocurrencies. Thereby, ShopNEXT can help more people gain access to cryptocurrencies and contribute to faster adoption of cryptocurrencies in practice.

ShopNEXT is a Shop-to-Earn platform, the way it works will follow the following process:

1. Users make purchases at ShopNEXT's partner stores and brands
2. The above-mentioned stores and brands after selling goods will pay commissions to the ShopNEXT platform
3. ShopNEXT has the task of sharing commissions for users. This is also known as a refund
4. Users withdraw funds to their own hosted wallet.

Thus, when the shopping is successful, even with discounted items, stores and brands will all pay a commission to ShopNEXT and customers will still be refunded a certain amount.

Partners pay ShopNEXT sales commission from 5% to 30% of total order value. Of which, ShopNEXT will split 60% to 70% to customers in cryptocurrency and retain 30% to 40% as platform revenue. 

How to make money of ShopNEXT

After shopping on ShopNEXT, the system will now deduct % of the commission and refund it to the user. Besides receiving other cryptocurrencies, ShopNEXT also gives NEXT tokens to users. Users can then withdraw funds to their bank accounts or crypto wallets.

ShopNEXT . Developers, Advisors, Investors and Partners

Development team

Linh Le, CEO of ShopNEXT : He is also Founder and CEO of Shopiness with 12 years of experience in Digital Marketing and E-Commerce. 

Tony Tran, Strategy Head of ShopNEXT : He is an investor with 5 years of experience in crypto investment. Tony Tran is also chief engineer at GE Renewable Energy, PhD in Manufacturing Technology and Systems from Nanyang Technological University.

Phong Dinh, Technology Head of ShopNEXT : He is also CTO at Shopiness with 15 years of experience in software development. Phong Dinh is a technical team leader at NCT Corporation and also a senior technical director at Be and Tiki.

Duy Nguyen, Partners Head of ShopNEXT : He has 5 years of experience in cryptocurrency and stock investment. Duy Nguyen has more than 12 years of experience in Marketing and Customer Relations at Yeah1 Corporation.

ShopNEXT . Advisor

Hatu Sheikh : Co-Founder, Chief Marketing and Strategy of DAO Maker.

Allan Ta : CEO of Roseon Finance, Founder at Alpha Blockchain - a blockchain consulting company.

Dung Nguyen : Chairman of Vietnam E-commerce Association (VECOM). He is vice chairman of Ho Chi Minh City E-Commerce Industry Development Council with 20 years of experience working in the field of e-commerce.

Nicole Nguyen : Co-Founder of Duelist King. Nicole Nguyen is a former managing director at Asia Blockchain Review and a former regional director for Asia Pacific at Infinity Blockchain Ventures. 

Leon Truong : He is on the board of directors of FPT Online, Sendo, FPT Telecom. Leo Truong is also the chairman of DTS (Digital Transformation for SMEs).

Investors and partners

Currently, there is no information about the investor of the ShopNEXT project. However, the project recently announced a partnership with Binance Pay.

The development roadmap of ShopNEXT

October 2021 : The project launches ShopNEXT application on mobile phones in 6 Asian markets.

Q4 2021 : ShopNEXT opens a public sale of NEXT tokens.

Q1 2022 : The project launches In-store Rewards feature to Vietnamese users.

Q2 2021 : The project launches the In-store Rewards feature to users in other markets.

NEXT . token overview

What is NEXT token?

NEXT is the official token of ShopNEXT. Essentially, the more NEXT a user owns, the more cashback they get when shopping both online and offline. The project also offers a variety of services specifically for NEXT token holders including Staking and Savings.

NEXT has several functions as follows:

• Use for Staking and Savings
• In addition, the more NEXT tokens a user accumulates, the more crypto rewards they will receive.

NEXT . token details

• Ticker: NEXT.
• Blockchain: Binance Smart Chain.
• Total Supply: 1,000,000,000 NEXT.

NEXT . Token Allocation

• Company Reserve: 15%.
• Angel Round: 3%.
• Private Round: 15%.
• Public Round: 2%.
• Team, Advisors: 20%.
• Liquidity: 10%.
• Marketing, Partners: 10%.
• Community Rewards: 25%.

Where can I buy NEXT tokens?

Currently the NEXT token is not listed on any exchange. However, ShopNEXT is about to open the sale of NEXT tokens in the form of SHO on the DAO Maker platform on November 29, 2021.

The future of the ShopNEXT project and whether to invest in NEXT tokens or not?

ShopNEXT wants to accelerate the adoption of cryptocurrency into practice. Through giving back crypto to users when shopping, ShopNEXT will help millions of customers around the world learn more about blockchain and cryptocurrencies. 

Besides, e-commerce is a good area to kickstart the adoption of cryptocurrencies. Thereby, if ShopNEXT is successful, it will likely contribute to opening up many opportunities for people to receive cryptocurrency rewards in daily activities such as booking a taxi or renting a hotel... 

Although undeniably the features of ShopNEXT bring many benefits to users. But every investment has risks, so people need to do thorough research before making investment decisions for themselves.

summary

Above is information about the ShopNEXT project and the NEXT token. It can be said that ShopNEXT is a project to launch the Shop-to-Earn trend of applying blockchain technology to the field of e-commerce. This is considered a form of helping users to spend and shop more economically. In the future, the ShopNEXT platform will grow even more and will become a new trend in the cryptocurrency market.

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