ShopNEXT is a Shop-To-Earn Crypto Onboarding Platform promoted by Binance. This platform has partnered with more than 600 renowned local and global brands such as Shopee, Lazada, Tiki, Amazon, Booking.com… ShopNEXT attracts users by rewarding them with free popular cryptocurrencies (BTC, ETH, BNB, USDT) when shopping at ShopNEXT partners. In addition, for every shopping transaction, ShopNEXT will reward users extra $NEXT (the cryptocurrency issued by ShopNEXT), which can be sold to fiat to make extra income.
Let’s take a glance at ShopNEXT’s introduction video:
How does ShopNEXT work?
With the rapid development of cryptocurrencies, 90% of the population is aware of crypto but only 16% owns some. Understanding the barriers of crypto onboarding and taking advantage of current trends, ShopNEXT has simplified the way it works. Users can do normal shopping via their mobile app and get cashback in crypto directly to their wallets.
ShopNEXT is an affiliate marketer that connects users and merchants. Merchant partners pay ShopNEXT a sale commission, which is shared with users in the form of a cashback. The cashback can be withdrawn and converted into popular cryptocurrencies such as Bitcoin, Ethereum, Binance Coin, and Binance USD or USDT stablecoins. Moreover, for every $0.1 in cashback you receive for shopping, ShopNEXT will reward you a 1 extra NEXT, which can be sold to make money. That’s how Shop-To-Earn works.
$NEXT is the primary token within the ShopNEXT ecosystem. The more $NEXT users hold, the greater cashback they receive from shopping. Soon, NEXT holders can have plenty of privileges like staking and entering special shopping programs in ShopNEXT.
On November 29, Red Kite will partner with ShopNEXT to host its IDO for $NEXT. Let’s stay tuned on their official channels to receive the latest news of the project.
About Red Kite
Red Kite is a cutting-edge launchpad powered by PolkaFoundry as a part of the growing $PKF ecosystem. Red Kite projects are carefully chosen through vetting, which takes everything from the origins of the project teams to legitimacy and implementation capacities into account.
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