Shopereum [XSHOP]

ENDED: December 17, 2019

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Description

The main idea is to build an e-shop / eCommerce site that sells products and accept fiat and crypto payments. The objective is to make the site a shopping place for everyone, so it accepts the most common cryptocurrencies (BTC, LTC, ETH, XRP, USDT, ….), besides the project token xShop, as ...Read More


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Executive Summary

Despite the huge advancement in blockchain technology and its advantages for P2P transactions without intermediaries, there is still a gap between the adoption of cryptocurrencies in many services and in eCommerce. But this is changing as the global non-cash payment translations volume grew up to 12% in the year 2018 and the number is increasing (1). e-wallet transaction volume is estimated to be 8.6% of the non-cash transactions (2). However, Real-Time Payment (RTP) and Digital Ledger Technology (DLT) the blockchain face many challenges in terms of regulations, adoption, interoperability, and scalability. The main interest is in cryptocurrencies is focused on holding cryptocurrencies, trading and exchanging. The use of cryptocurrencies in shopping, traveling, online payment is still limited. Online shopping is one of the services that still do not adopt cryptocurrencies in global shopping sites such as Amazon, eBay, and AliExpress. There are few attempts to bridge this gap such as shop2coin and Moon, but these attempts are not enough, and still limited.

The main idea of these two projects is to develop a browser extension/plugin and a digital wallet to allow users shopping at (Amazon, eBay, and AliExpress, … etc.) to show the price in cryptocurrencies (BTC, ETH, … etc.), the user pay to their wallet. There are other tokens that are dedicated to some sectors such as travel, health, games .. etc. So there are many attempts, and the world still needy for more adoption of cryptocurrencies in daily life transactions.

Shopereum project bridges the gap between online shopping and adoption, by providing an eCommerce site that supports common cryptocurrencies such as BTC, ETH, LTC, DASH, XPR, ... and many others, as well as xShop token.

To encourage customers to use xShop token, a discount of 5% will be offered if they use xShop. This project is a step towards the wide adoption of cryptocurrencies. Besides that, our store accepts also fiat payment, so everyone can use it.

Documents


Whitelist and KYC

No Whitelist or KYC information provided

The Team

Mr ALESSANDRO MEO

ADVISOR
DR MOTAZ SAAD

ADVISOR
Mr ELHASSAN BAKER

ADVISOR
Mr MOHAMMAD SHAKIL

ADVISOR
Mr HARSH AGARWAL

ADVISOR
DR IYAD ALAGHA

ADVISOR
Mr COLIN XU

ADVISOR

Timeline

Venture Established

1st October 2019

The project or venture was started

Happened: 3 Months, 28 Days ago

Sale Starts

10th December 2019

The ICO/Token/Coin sale opens

Happened: 1 Months, 19 Days ago

Pre-Sale Starts

10th December 2019

The ICO/Token/Coin pre sale opens

Happened: 1 Months, 19 Days ago

Sale Ends

17th December 2019

The ICO/Token/Coin sale closes

Happened: 1 Months, 12 Days ago

Pre Sale Ends

17th December 2019

The ICO/Token/Coin pre sale closes

Happened: 1 Months, 12 Days ago

TODAY

29th January 2020

Current Status: On Schedule

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Financial Information


Ratings and Flags


Overall Rating

5.3
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