The Shopin platform has been featured in the press many times since its inception – on platforms from Forbes, to Business Insider, to CNBC. It was named the winner and best ICO of both The North American Bitcoin Conference and CoinAGENDA, and was even voted the ‘most promising ICO of 2018’ by The Bitcoinference.
Needless to say, the future is looking promising for Shopin.
Please Note: This is a Press Release
What is Shopin?
Shopin is the world’s first GDPR-compliant decentralized shopper platform that’s been built on the blockchain, and it’s set to completely revolutionize the retail industry.
Essentially, the platform gives users complete ownership of their purchase data across multiple retailers.
What’s more, when users engage with adverts and content produced by retailers, they are rewarded for their attention and loyalty in the form of cryptocurrency.
What is QRYPTOS?
Before any engagement is allowed, QRYPTOS does a full-scale analysis of every token applicant, including company background checks. This reassures users that all of the organizations on the platform are reputable and can be trusted.
Seth Malamed, the Global Head of Operations for Quoine Corp., has said,
“At Quoine, we are on a mission is to improve the way capital is raised for blockchain-based projects.
Our goal is to help bring investors and issuers together in a frictionless and secure way. We believe in regulation, transparency, quality products, and innovation by leveraging the blockchain.
All projects on our ICO platform have a thorough vetting process that leverages internal teams for operational and technical soundness, and external experts for the evaluation of token economics.
We actually reject more projects than we accept, and if they cannot hold up to the high standards we set, then there are plenty of other companies in our space that can.”
The platform was launched back in 2017 as a digital trading platform designed exclusively for the desktop. It then went on to become the first licensed global crypto exchange to launch a global ICO in Japan. This was known as the QUASH token sale, and it raised 350 million QUASH (the equivalent to approximately 350,000 ETH) in an oversubscribed ICO.
The purpose of this ICO was to fund the growth of Liquid – a new platform designed to increase both security and liquidity for the buying and selling of digital assets. Quoine plans to combine both of its QRYPTOS and QUOINEX platforms into one to form Liquid.
When this happens, the QUASH token will be renamed the Liquid Token. The platform will also support additional cryptocurrencies, including Bitcoin, Ethereum, and several others.
Shopin Goes Live on Qryptos
The Shopin team has recently announced that its initial exchange offer with QRYPTOS, the global trading platform owned by Quoine, is now live.
The offer will run through from the 8th August until the 28th August. Users can sign up through Shopin’s landing page.
In order to participate, users must be registered on the QRYPTOS platform and pass a quick verification process called KYC-AML.
Eran Eyal, the CEO and founder of the Shopin platform, has said,
“Conducting this collaborative event with Quoine/QRYPTOS enables Shopin to raise additional funds for our Q4 launch, and it exposes the SHOPIN Token to a greater audience of supporters and participants.
This is an exciting opportunity for people to be a part of our journey as we change the world of retail together and usher in a new generation of crypto and blockchain companies representing a decentralized, one-to-one economy of data between retailers and consumers.”
Want to Join in on the Event?
If you’re interested in becoming a part of the Shopin/QRYPTOS event that’s running between the 8th – 28th August, you can click here to find out more details.
Unfortunately, citizens and residents of China, Japan, North Korea, Syria, and the U.S. will not be able to participate in this event due to government regulations.