SHPING

Aspect	Information
Short Name	SHPING
Full Name	Shopping Coin
Founded Year	2017
Support Exchanges	Coinbase Exchange, Gate.io
Storage Wallet	Trust Wallet, MetaMask
Customer Service	Email: info@shping.com; Tel: +613 99244405; Facebook, Instagram, LinkedIn, Telegram, Discord, Twitter; Live chat

Overview of SHPING

SHPING, also known as Shopping Coin, is a utility token with the symbol SHPING. This token is used to incentivize and reward users on the Shping App, an innovative platform designed to help consumers make informed purchase decisions. The SHPING token functions as a part of the Shping ecosystem, alongside the Shping Platform, Shping App, and Shping Score.

The SHPING token gets transferred between manufacturers, retailers, certification bodies, and consumers to achieve specific goals in the context of this ecosystem. These goals include brand engagement or the acquisition of product-related information. This token operates on its own blockchain infrastructure and contributes to the mechanics of the overall Shping platform.

The Shping App and the SHPING token elevate traditional shopping, certification and marketing practices by integrating blockchain technology with a focus on enhancing consumer knowledge and engagement. The Shping ecosystem was officially launched in 2017 and continues to contribute to the arena of crypto-utilities by bridging the line between commerce and consumer engagement.

To obtain more information, you can visit their website:https://shping.comand try to log in or register to use more services.

Pros and Cons

Pros	Cons
Operates on own blockchain infrastructure	Limited exchange availability
Integrated app for consumer interaction	Value and utility highly dependent on Shping App's success
Incentivizes and rewards user participation

Pros:

1. Operates on its own blockchain infrastructure: This means that SHPING has full control over its operations, security measures and updates. Its independency from other blockchains allows for tailored improvements and modifications to better serve the ecosystem.

2. Integrated app for consumer interaction: The Shping App directly links consumers, manufacturers and retailers, providing a platform for active engagement. This integration comprises a unique approach in applying blockchain technology to commerce.

3. Incentivizes and rewards user participation: By rewarding users with SHPING tokens for their activity in the app, it motivates continual usage and fidelity to the platform. This is beneficial for the longevity of the ecosystem.

Cons:

1. Limited exchange availability: Due its relative newness and specific nature, SHPING currently lists on Gate.io and Coinbase Exchange ONLY. This limits opportunities for purchasing and trading the token and could complicate accessibility for some users.

2. Value and utility highly dependent on Shping App's success: As an integral part of the Shping ecosystem, the token's value is intrinsically linked to the success of the Shping App. If the app does not achieve significant traction or user retention, it could negatively impact the token's utility and value.

What Makes SHPING Unique？

Shping (SHPING) stands out in several ways, offering unique features and benefits within the realm of loyalty and rewards programs:

- Universal Rewards Program: Shping is designed to be a universal rewards program, allowing users to earn rewards, discounts, and prizes across thousands of brands, irrespective of where or how they shop. This universality provides members with a wide range of opportunities to earn and save, enhancing their overall shopping experience.

- Cash-Convertible Tokens: Unlike many loyalty programs that offer points or rewards limited to specific merchants or gift cards, Shping Coins are cash-convertible tokens. This means members can transfer their earned coins directly to their bank accounts in Australian dollars, providing tangible value and flexibility.

- Stackable Rewards: Shping allows members to stack their rewards with other loyalty programs like Flybuys and Everyday Rewards. This feature ensures that users maximize their benefits and don't miss out on any opportunities to save or earn, regardless of the programs they participate in.

- Receipt Transformation: Shping enables users to transform their receipts into rewards, regardless of where the purchase was made. Additionally, bonus rewards are offered for items on the receipt, incentivizing engagement and providing additional value for everyday shopping activities.

- Barcode Scanning Rewards: By simply scanning product barcodes, members earn Shping Coins. This feature not only provides valuable information such as live price comparisons and product reviews but also rewards users for their engagement, making informed decisions more rewarding.

- Exclusive Access and Opportunities: Membership grants exclusive access to various opportunities to win prizes, including monthly product sample prize packs, coin giveaways, and exciting competitions. These opportunities enhance user engagement and provide additional incentives for participation.

Overall, Shping distinguishes itself through its universality, cash-convertible tokens, stackable rewards, receipt transformation, barcode scanning rewards, and exclusive access to various opportunities. These unique features combine to create a rewarding and engaging experience for members, setting Shping apart from traditional loyalty programs.

How does SHPING Work？

Shping (SHPING) operates on a comprehensive rewards system designed to incentivize consumer engagement and loyalty across various brands.

• Membership Registration: Users sign up for Shping membership, which is free to join. They can download the Shping app on iOS or Android devices to access the platform.

• Earning Shping Coins: Members earn Shping Coins by performing various activities within the Shping ecosystem:

  1. Shopping: Users earn coins for everyday tasks like grocery shopping and engaging with favorite brands.

  2. Receipt Upload: Members can upload receipts from any legitimate tax invoice, earning rewards for every receipt submitted.

  3. Barcode Scanning: By scanning product barcodes, users receive Shping Coins. This feature also provides access to live price comparisons, product reviews, and nutritional information.

  4. Engagement: Members earn coins for creating photo and video reviews, referring friends, and interacting with partner brands.

• Cash Conversion and Stackable Rewards: Shping Coins are cash-convertible tokens, allowing members to transfer them directly to their bank accounts in Australian dollars. These coins can also be stacked with rewards from other loyalty programs like Flybuys and Everyday Rewards, maximizing benefits for users.

• Redemption and Exclusive Discounts: Members can redeem their accumulated Shping Coins for exclusive discounts, prizes, and competitions within the Shping ecosystem. This includes discounts on favorite products through Shping Booster promotions, product sample prize packs, coin giveaways, and exciting competitions.

• Receipt Transformation and Bonus Rewards: Shping rewards users for every receipt uploaded, regardless of where the purchase was made. Bonus rewards are offered for items on the receipt, with additional incentives available when shopping with partner brands.

• Exclusive Access to Opportunities: Membership grants exclusive access to various opportunities to win prizes and participate in competitions. Members can engage with monthly product sample prize packs, coin giveaways, and other exciting promotions.

In summary, Shping operates as a comprehensive rewards program where members earn Shping Coins through various activities such as shopping, engaging with brands, uploading receipts, and scanning barcodes. These coins are cash-convertible and stackable with other loyalty programs, providing users with tangible value and opportunities to save while enjoying exclusive discounts and prizes within the Shping ecosystem.

Market & Price

Coin Airdrop

The Shping Coin Airdrop for Australian residents offers an opportunity to claim 400.00 Shping Coins by following specific steps.

Participants need to register within the designated timeframe provided, typically before the end date mentioned in the announcement. Once registered, participants are eligible to receive the allocated amount of Shping Coins as a reward. The Airdrop aims to engage the Australian community, increase awareness of Shping, and encourage participation in the Shping ecosystem.

Price

As of the latest data on Mar 15, 2024:

• Current Price: $0.01161 USD per SHPING

• Price Performance (24h):

• Low: $0.01081 USD

• High: $0.01295 USD

• Market Cap: $26,553,157 USD

• Volume (24h): $1,177,121 USD

• Circulating Supply: 2,286,791,464 SHPING (22.87% of total supply)

• Total Supply: 10,000,000,000 SHPING

• Max Supply: 10,000,000,000 SHPING

• Fully Diluted Market Cap: $116,115,343 USD

Price Fluctuations (1d): Change: 6.12% increase

• All-time High: $0.09884 USD (Jan 21, 2022)

• All-time Low: $0.01081 USD (Jun 04, 2021)

Exchanges to Buy SHPING

Shping (SHPING) is available for purchase on several cryptocurrency exchanges, including Coinbase Exchange and Gate.io. These exchanges offer a convenient platform for users to buy and trade Shping tokens, providing access to a wide range of digital assets.

Coinbase Exchange, one of the leading cryptocurrency exchanges globally, provides a user-friendly interface and is renowned for its security measures, making it a popular choice among both novice and experienced traders.

On the other hand, Gate.io offers a diverse selection of cryptocurrencies and trading pairs, catering to the needs of traders seeking access to emerging digital assets. By listing Shping on these exchanges, it enhances liquidity and accessibility for investors interested in participating in the Shping ecosystem, contributing to its growth and adoption within the broader cryptocurrency market.

How to Store SHPING？

For storing Shping (SHPING) tokens, users have multiple wallet options available, including Trust Wallet, MetaMask, and the official Shping Wallet.

Trust Wallet is a popular mobile wallet known for its user-friendly interface and strong security features. It supports a wide range of cryptocurrencies, including Shping, allowing users to securely store, send, and receive their tokens on the go.

MetaMask, on the other hand, is a browser extension wallet compatible with various web-based platforms and decentralized applications (DApps). Users can easily integrate MetaMask with their web browsers to manage their Shping tokens alongside other Ethereum-based assets.

Whether users prefer mobile, browser-based, or platform-specific solutions, these wallets provide convenient and secure options for storing Shping tokens, empowering users to manage their assets with ease while participating in the Shping rewards program.

Is It Safe？

The safety of the Shping (SHPING) token appears relatively secure, given its listing on reputable exchanges, support by trusted wallets, and integration with established blockchain networks like Ethereum.

However, comprehensive analysis of security measures, audits, and community trust is advisable for a definitive assessment.

How to Earn SHPING？

Earning Shping (SHPING) tokens can be achieved through various methods within the Shping ecosystem. Here are some common ways to earn SHPING:

Shopping and Engaging with Brands: Users can earn SHPING tokens by engaging with brands and participating in promotional activities within the Shping platform. This includes making purchases, interacting with advertisements, or completing tasks provided by partner brands.

Uploading Receipts: One of the primary ways to earn SHPING tokens is by uploading receipts for purchases made at participating retailers. Users receive rewards based on the value of their purchases and also earn additional bonuses for specific items or brands featured on the receipts.

Barcode Scanning: Users can earn SHPING tokens by scanning product barcodes using the Shping app. This feature provides users with access to product information, reviews, and price comparisons while rewarding them for their engagement.

Creating Reviews and Content: Shping rewards users for creating photo and video reviews of products, sharing their experiences, and engaging with the community. Users can earn SHPING tokens by sharing valuable insights and feedback on various products and services.

Referral Program: Shping also offers a referral program where users can earn SHPING tokens by inviting friends to join the platform. Referral bonuses are typically awarded when the referred user completes specific actions or engages with the platform.

Participating in Airdrops and Promotions: Shping periodically distribute free SHPING tokens through airdrops or promotional campaigns. Users can participate in these events to earn additional tokens without any cost.

Earning SHPING tokens involves actively participating in the Shping ecosystem, engaging with brands, sharing feedback, and completing various tasks provided by the platform. By leveraging these opportunities, users can accumulate SHPING tokens over time and access the rewards and benefits offered within the Shping ecosystem.

Conclusion

Shping (SHPING) is a utility token powering the Shping ecosystem, offering rewards for user engagement with brands and products. With a total supply of 10 billion tokens and compatibility with reputable wallets and exchanges, SHPING facilitates secure transactions and incentivizes participation within its platform, enhancing the shopping experience for users.

FAQs

Q: What is the primary use of the SHPING token？

A: SHPING token is mainly used in the Shping App for activities such as scanning barcodes, reviewing products, and watching ads, rewarding user engagement within this ecosystem.

Q: What blockchain does SHPING operate on？

A: SHPING operates on its own unique blockchain infrastructure.

Q: How can one earn the SHPING tokens？

A: SHPING tokens are earned within the Shping App by participating in various activities like product scanning, reviewing, and watching ads.

Q: Does the value of SHPING tokens depend on a particular factor？

A: Yes, the value of SHPING tokens is largely influenced by the user engagement and the success of the Shping App.

Q: What type of cryptocurrency is SHPING？

A: SHPING is known as a utility token that is used specifically within the Shping App ecosystem.

Q: How does SHPING differ from traditional cryptocurrencies？

A: SHPING distinguishes itself by integrating directly into a consumer shopping app, creating a direct link between blockchain technology and commerce.

Q: How is SHPING stored？

A: SHPING can be stored in MetaMask, Trust Wallet and Shping App.

Risk Warning

Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.