|Industry:||Mining / POS & Payment Gateway|
|ICO Timeframe:||02/01/18 – 03/16/18 (PreSale & ICO)|
|Token Supply:||2,000,000,000 SHOP|
A consumption-based mining process that distributes dividends in real time. Shopcorn is a cryptocurrency designed to distribute dividends in real time supported by and specifically designed to work hand in hand with mainstream shopping platforms. Utilizing Open API’s and “ShopCorn” Payment Gateway modules to carry out online transactions, users can mine ShopCorn on any platform. They consist largely of a platform and Shopcorn (blockchains). They aim to make the world where ‘consumption becomes profit’. In the Shopcorn platform, a user’s daily consumption will mine encrypted coins. The entire platform revenue will be allocated in real time to the owners of the encrypted coins weighted by percentage ownership of Shopcorn tokens in circulation. In addition, the Shopcorn platform adopts API (Application Programming Interface) and PG (Shopcorn Payment Gateway) modular system so the users can mine Shopcorn at any shopping malls, platforms, and contents in the
PROS: Established management team with all key positions filled.
CONS: Website does not appear professional and is of low quality even by decades old standards, lack of advisory board, success of platform highly dependent upon adoption rates and successful integration with large online retail platforms, low amount of social media activity / buzz (could lead to difficulty in successfully completing project financing).