Shopiblock ICO (SHB Token): Online Shopping Blockchain Platform?

“Your own currency is the trend of the future” is the motto with which Shopiblock is moving forward.

Shopiblock is a Swiss company who aspire to be the No. 1 decentralized SaaS provider and ecosystem on the blockchain. They enable every merchant to deploy their own merchant tokens, which can be exchanged for other merchant tokens through the SH/b decentralized exchange,

Shopiblock provides a platform that allows for the secure exchange of merchant products with cryptocurrencies and which enables low-cost cross-border payments and microtransactions. It is a system designed specifically to enable merchants to conveniently issue branded cryptocurrencies to a mass consumer audience. Discount coupons, loyalty points, and gift rewards will be tokenized.

About Shopiblock

Branded merchant tokens can be freely traded for SHB, a public cryptocurrency.

Their objective is to be appealing to the masses by maintaining a high reputation and being legally secure. They are even striving to increase user engagement and eliminating spam.

Features Of Shopiblock

  • Decentralized White-label SaaS Software: It is the first decentralized shop software as a service on the cryptocurrency market which can be used to create the ultimate decentralized business.
  • Launch your own token: They offer the best solution for launching a decentralized online store which has an option of generating their own token.
  • Shopiblock Exchange: Their in-house exchange will include all merchant tokens and be a full-feature cryptocurrency exchange that is built for the use of mass consumer audience.
  • Escrow Service: Shopiblock safeguards both buyers and sellers and is the first secure crypto payment method from a counterparty risk perspective.
  • Loyalty Customer Solution: Engaging loyalty programs like cashback is present to help retain customers and build a business. A business has the option to reward based on their own cryptocurrency.
  • Accept altcoins with existing POS solutions: Instant crypto checkout with easy to use cart plugins, invoice builder and an API with custom integrations are available.

Advantages Of Shopiblock

The SHB system offers the benefits to each of the following participants:

  • Merchants: They have the option of opening a blockchain store with own cryptocurrency or use an existing store to add their crypto payment gateway to accept cryptocurrencies. Merchants even get a crypto payment customer loyalty solution.
  • Users: By changing fiat in cryptocurrency via Shopiblock Exchange, users will be able to buy their favorite products in cryptocurrency. This platform reduces the risk of fraud by acting as a trusted third party with a transparent ledger between buyer and merchant.
  • Brands: Brands increase loyalty and sales by improving their outreach with multiple store setups. They even help small businesses build a loyal customer base.

Shopiblock Token(SHB)

Shopiblock’s token will be ERC20 compatible and based on Ethereum blockchain. A total of 1 billion tokens will be sold in the following phases:

A maximum of 40 million SHB will be available for Airdrop, from 1st April to 15th April.

Pre-sale of the tokens will be done from 28th April to 25th May with a maximum supply of 100 million SHB. A minimum of $250 USD equivalent in crypto is required in this phase

A maximum of 400 million SHB will be issued from 1st June to 9th August with a minimum contribution of $10 USD equivalent in crypto can be made.

ETH, BTC and LTC are the only accepted cryptocurrency. All the unused tokens will be burnt.

25% of the funds raised will be used in digital marketing, 20% n the development of the platform, 15 % in team expansion, 15% on the existing team, 13% on the R&D and 10% of the funds will be used in day to day operations.

Shopiblock Conclusion

Although an attractive prospect, this journey will be a tough road ahead for Shopiblock because of a congested market and orthodoxical mindset of traditional brick and mortar stores.

You can find out more about them and their coin on their website https://www.shopiblock.io/ .

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,436FansLike
2,797FollowersFollow
4,189FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Compound Roadmap to Full Decentralization to Begin with Issuance of COMP to Their Community

Compound will now issue COMP tokens to the users of their protocol in a bid to achieve full decentralization. They have released an...

Crypto Payment Processor BitPay Sees More Use in Stablecoins than Layer-2 Solutions

Rising fees on the Bitcoin blockchain after the halving will not set BitPay, a crypto payments startup, into using layer 2 payment channels...

Digital Dollar Foundation Releases Its First Whitepaper Urging The US Govt To Explore CBDC's

Christopher Giancarlo’s Digital Dollar Foundation releases its first white paper on the digital dollar. The projects aims at implementing a private-public partnership with...

Ethereum is Close to Being Flipped on its Own Blockchain As the Total Value Stored Is Shifting

The Ethereum network has been seeing a lot of activity in 2020. The price of Ether already seems to lead the altcoins rally, currently trading...

Coinbase, Who Controls Over 11% of Tezos, Rolls Out XTZ Staking in the UK, France, Spain, and the Netherlands

Over 6 months back, Coinbase launched Tezos staking for its US customers and now they are rolling this feature out for its users in...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today