S H O P I N

Decentralizing Retail and Purchase Data

Shopin is building the tools for a decentralized Retail 3.0. A global view of purchase data, meets a blockchain-powered universal shopper profile and groundbreaking artificial intelligence.

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Private Sale is LIVE:

Softcap: $0.5MM
Hardcap: $10MM
Tokens being sold: 100MM of 1.5BN

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ShopChain White Paper

Download the Shopin White Paper to learn more

Pitchdeck

Download the Shopin presentation pitchdeck

Legal Opinion

Official legal opinion Shopin is a utility, not a security

ShopChain Yellow Paper

Download the ShopinChain technical Yellow Paper to learn more

Github

Discover the ShopChain technology repository

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"ShopIn will serve as single point of contact for consumers and retailers to search for products online and be served exactly the way you both want. Quick, smart, more secure and personalized!"
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백서가 다른 ico보다 성실하게 적혀있는 편이어서 리뷰를 만드는데 배 이상의 시간이 걸렸습니다.
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"This is going to be big! I am not affiliated with this ICO but just wanted to share it because I have participated in the presale."
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In general, the project looks excellent.
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Transforming all of retail
into a decentralized "Amazon"

Distributed Amazon.com Requirements
Purchase Data
Purchase Data

The secret of Amazon's
incredible level of personalization and advertising ecosystem is understanding the shopper based on real intent: huge amount of purchase data. It drives 35% of Amazon's revenue!

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Decentralized infrastructure
Decentralized infrastructure

An asynchronous and asymmetrical Distributed Hash Table (DHT) for data, blockchain for security and attestability, federated consensus, and a decentralized shopper I.D. for use both online and in-store.

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$SHOP Token
$SHOP Token

It's your data: You should be paid for when your attention and loyalty is engaged, instead of people who resell your data. The $SHOP token allows retailers to reward you with branded tokens for discounts and access to exclusivity.

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Artificial Intelligence
Artificial Intelligence

Having the data is not enough. Visual artificial intelligence, NLP and ML tools are required to ensure the right shopper is matched to the right recommendations, and marketing to drive conversions-to-sales.

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,,

Companies like Macy’s are just innundated with data... but a lot of times it’s not about having access to data, it’s “how do you use the insights from that data to actually make recommendations and implement... The product that Shopin had, which was looking at your portfolio and not only providing insights and analytics, but then taking it one step further and saying “here are some recommentations, and how we would look at corrolation of inventory at the SKU-level...” - I thought that was different. It’s unique...

Parinda Muley
VP of Innovatiion and Business Development, Macy’s

The Shopin Solution

Shopin aims to reinvigorate the retail economy by streamlining the entire shopping experience across all retail websites and in-store. We aim to deploy an asynchronous and asymmetrical DHT to act as a data exchange between 21 enterprise grade and hosted nodes, coupled with blockchain technology to attest to the data and provide shoppers with self sovereignty as well as a tokenized environment. Many of these components have already been tested and shipped to our Github. 

With this architecture we aim to empower retailer brands on the open web and in-store with a paradigm shift in enhanced security, as well as to provide a decentralized “Amazon-like” personalization with recommendations powered by A.I. Shopin’s Retail Intelligence Data Engine, which has already decentralized the purchase data of major retailers such as Amazon, eBay, Macy’s, Coach, Michael Kors, ASOS and many more. This data fabric acts as a highly performant recommendation engine based on the purchase data of vast retail economy, including Amazon’s. Today R.I.D.E. covers 4BN purchase data transactions, 200MM SKU relationships/ co-occurrences, 90k brands tracked. Best of all, it’s live and in pilots today. These elements will power the backbone of Retail 3.0. 

Shopin-solution-circle
,,

"there are some companies actually that are now trying to do just that: they're targeting the advertising space. For example, there's a blockchain company called Shopin that's working with companies (like Facebook but mostly for retailers) where you would actually keep control of your own data, so you wouldn't have to stop shopping or using the companies that you like, but at the same time you would be able to take control of your data whereas also giving it to those companies so they could do their targeting - just they would not actually own your data and then be able to give it away freely. I think there's potential value that could work!"

Fortune.com

The Shopin Team

Our management team encompasses over 15 years of experience each ranging from senior A.I. development at Walmart, a professor at M.I.T., right through to building startups from the ground up and taking them to acquisitions as founders and operators.

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Token Distribution

66% Tokensale
16.5% Partnership/ future offering
33.3% Team, Investors, Advisors

Tokensale

Phase 1: Private Sale

Join our Private Sale for a limited period
Token Price: $0.11
Hardcap: $5MM
Date: 25 Nov 2019 - 5 Jan 2020
Or until filled
Private sale

Phase 2: Public Pre Sale

Join our Private Sale for a limited period
Token Price: $0.15
Hardcap: $3MM
Date: 6 Jan 2020 - 5 Feb 2020
Or until filled

Phase 3: Public Pre Sale

Join our Private Sale for a limited period
Token Price: $0.20
Hardcap: $2MM
Date: 6 Feb 2020 - 7 Mar 2020

$SHOP token

Yes – it will be locked until we list, which we aim to do between January 2020 and end of March 2020.

You may store and view your Shopin Tokens in an ERC-compatible wallet such as IMtoken or MyEtherWallet (available now), an ERC20-compatible exchange (available later), or the Shopin Wallet (available later).

The Shopin Token is an ERC20 Token.

Shopin’s Branded tokens can carry discounts or exclusivity of access reward. For example, tokens can be redeemed for discounts on products or used to access a rare product or event.. For example, a shopper may have received 50 of brand X’s tokens which they can use to get discounts, whereas another shopper has a rare token to access an exclusive luxury product from Brand Y.

Our exchange (2021) will allow shoppers to trade tokens with each other to achieve their goals of access or savings.

KYC

Participants submit their name, email, and the amount they wanted to purchase on tokensale.shopin.com.

An automated email instructs them on next steps, which included a verification requirement of a passport picture, a utility bill, and a physical address.

When documents were confirm, Shopin issue a Simple Agreement for Future Tokens (SAFT) to the participant via DocuSign.

You could not pass the KYC-AML verification process.

All participants were required to provide a government-issued I.D. (passport, driver’s license, or national I.D.). They were also asked to provide their name, address, and proof of address.

We take your privacy and security very seriously. Your trust means the world to us, and we do everything we can to maintain it. Our motto is to trust but verify. Never hesitate to reach out to us directly at support@shopin.com if you have questions or concerns.

Furthermore, KYC is handled by a professional 3rd party which has significant experience in KYC and AML.

For people who did not pass KYC-AML, it’s not possible for us to respond to each of you individually and work through the issues. Common reasons included but were not limited to:

  • Expired I.D.
  • Dubious information
  • Named on a watchlist
  • Missing information
  • False information
  • Low-res pictures
  • Mismatched address information

All participants are required to pass KYC-AML verification. We will not distribute a token without having your KYC in place.

Tech Demo

You can see a previous 3rd party audit of Shopin’s technology stack here:

Shopin Nears Launch, Releases Preview of Private Shopin GitHub

Absolutely!

 

Tokensale details

Participants submit their name, email, and the amount they wanted to purchase on tokensale.shopin.com.

An automated email instructs them on next steps, which included a verification requirement of a passport picture, a utility bill, and a physical address.

When documents were confirm, Shopin issue a Simple Agreement for Future Tokens (SAFT) to the participant via DocuSign.

You could not pass the KYC-AML verification process.

All participants were required to provide a government-issued I.D. (passport, driver’s license, or national I.D.). They were also asked to provide their name, address, and proof of address.

Yes – it will be locked until we list, which we aim to do between January 2020 and end of March 2020.

No.

Shopin issues substantial discounts during our Public Token Presale, allowing participants to secure the assets before they hit the market.

The minimum for the Private Sale: $1,000

There was no minimum requirement for the Public Presale, or public sale.

 

Shopin Tokens will be distributed as follows:

  • First 500MM will be sold at the Token Generation Event.
  • 500MM are kept in reserve for retailer, user, and partnership incentive token allocation or secondary offerings.
  • 500MM will go to the team, investors, and advisors with a three-year lock-up, in addition to 10% reserved for new hires.

Every year, one-third of team tokens will be released based on product milestones achieved.

Please note that participants were only able to acquire Shopin tokens with:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Bitcoin Cash (BCH)
  • Litecoin (LTC)

Residents of the USA, North Korea, Syria, and New Zealand were not eligible to participate. In order to participate, KYC-AML verification was required.

What is ShopChain?

Shopin works with retailers to put control of purchase data back into the hands of consumers – the rightful owners. Our approach and architecture is GDPR-compliant, and more secure than ever, whilst as fast as the Internet thanks to DHT and Blockchain innovations.

When shoppers own and carry their data with them to your websites and stores, our A.I and R.I.D.E. kick in to provide game-changing personalization that results in higher conversions to sales.

What is Shopin?

Shopin is dedicated to providing the essential tools to ensure that timeless brands remain timeless and that emerging brands have the best opportunity to become timeless. We believe that access to a global view of retail’s purchase data (including Amazon, eBay and other mega-retailers), our artificial intelligence tools, the Retail Intelligence Data Engine and consumers owning their data rare the key to unlock the next retail renaissance.

Yet… incredible companies like Amazon attribute 35% of their revenue from their product recommendation bar… driven by purchase data. Jeff Bezos claims that 90% of their revenue comes from personalization based on purchase data. They have created 63 LLCs competing with fashion houses, thanks to the oracle of purchase data and powerful technological tools. They have given us the blueprint for building success in Retail 3.0.

Retail is not having a hiccup. It’s not a “bad day”. We’re facing a retail apocalypse. Lord and Taylor and Barney’s are bankrupt. Victoria’s Secret has lost 40% of it’s revenue in the last year. Less than 3 out of 100 shoppers convert into a sale online and less than 10% instore.

Our first product, the Retail Intelligence Data Engine (R.I.D.E.) decentralizes the purchase data of major retailers, to give a first-ever global view of retailers, brands, products and the customer behind the action. This aggregated view of the world of retail enables retailers to make better quantitative-drivend decision and recommendations across their business units, whilst laying down the foundations for our Shopper I.D. and ShopChain infrastructure to deliver high conversion-to-sales increases for our universal shopper I.D.

Shopin works with retailers to aggregate the might of their shoppers and purchase data. Retailers which join the Shopin Federation enjoy unique advantages of the Shopin technology platform–visual artificial intelligence, ML, protections of blockchain, and deep learning to co-create unique, next-generation cornerstones powering a renaissance for the retail industry.

Shopin has 2 main products:

  1. ShopScore and the Retail Intelligence Data Engine (R.I.D.E.)
  2. ShopChain – Decentralized infrastructure, and shopper identity for retail and beyond

Our first products, ShopScore and R.I.D.E., are live and in testing with major retailers.

ShopChain’s technology platform provides a universal shopper profile safeguarded with our GDPR-compliant blockchain.

The universal shopper profile is a “just for you” recommendation engine for retailers and shoppers, reflecting merchandise style and fit preferences based on what shoppers have purchased across all their historic retail experiences. We combine this with engaging onboarding games which add their preferences to create the most personal experience in every app, site and store.

For retailers, Shopin’s technology platform provides more personalized shopping experiences for shoppers across digital properties and in-store, to increase conversions and sales. Our token activates the next generation in hyper-targeted advertising and loyalty that brings the enormous adspend previously spent on on third party publishers back into the retail ecosystem.

For shoppers, Shopin’s universal shopper profile puts people in control of their purchase data and preferences, and better highlights appealing merchandise recommendations for a tailored, personalized, motivating shopping experience which reflects *you.*

 

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