Whitepaper_________Website__________Bitcoin Talk
Shping Futures largest Consumer goods Data Base
What is shping:
- A platform that connects shoppers and the market ecosystem that uses the Blockchain technology to collect data on all cosumer prodcuts, by incentivcing consumers to scan bar codes of such goods and write reviews. Similar to how wikipedia works, however shping will incentivices its users be rewarding them with Shping coins.
- For businesses, Shping offers a new way to market shoppers at the critical point of purchase whileenabling brands to gather analytics to help inform their strategic decisions.
- Network of information on qulaity and origin of goods, all stored on a decentralized Blockchain Database. The Shping Platform is powered by Ethereum smart contracts and manages product traceability on the back of hyperledger and GS1 EPCIS standards.
ICO STATS:
Project name: Shping
Token symbol: SCH
Hard cap: 50,000,000 USD
Presale or white list: KYC Presale bonus 40% min purchases 3000 USD
ERC-20 Token:Yes
Unsold tokens:Added to Shping App incentive Reserve
Countries excluded: USA, China, New Zealand
Timeline:
Presale: 2nd January 2018 and conclude at 23.59pm on 31 January 2018, Central Eastern Time (CET)
Public Sale: 22nd February 2018 and will conclude at 23.59pm on 23rd March 2018, Central European Time (CET).
How does Shping Coin gain in Value
- Brands can use the platform to directs communicate to consumers - enabling brands to deliver messages to their consumers at moment of buying.
- Consumer demographic and behavior analytics - offering an advanced analytics suite that provides brands and retailers with access to comprehensive consumer patterns and trends.
- Lyalty program, branks can reward users with shping coins when purchasing or for engaging with their products on the Shping Platform.
e.g. leaving reviews and engaging with information about the brand’s products.
More detail in the whitepaper
Functional Product
Unlike many other ICOs Sping has a a functional product, that I tested a few days ago. The shping app is avalable on IOs and on the Android Market Place.
Users can earn tokens by scaning barcodes of products in their homes, shops or whereever they find consumer goods. I scanned three items using the app and added a description and a front and back picuture of the goods. After I was done the app told me once my infromation is verified I will recieve my coins. A day later I got 6 Shping coins onto my mobile sping wallet. Users can
Users who are regular contributors to the Global Product Database, will have accuracy ratings assigned to them. Users with higher accuracy ratings may earn Shping Coins from Shping based on their accuracy rating, and be given special titles within the Shping community. All information entered by contributors is verified by Shping’s moderation team, who will manually check information from the public domain to ensure it matches the information entered by the contributior.
