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SHPING

SHPING

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About SHPING

SHPING is an Ethereum token that powers Shping, an application for comparing, reviewing, and tracking consumer products. Brands can use Shping Coin to reward customers for watching videos, writing reviews, and scanning receipts.

SHPING (SHPING) is a digital asset that operates on the Ethereum platform. It aims to alter the dynamics of traditional marketing by enabling brands across all retail categories to directly reward consumers for their attention and engagement. SHPING aims to change the conventional one-way, transactional business-consumer relationships into a mutually beneficial engagement that rewards quality interaction on both sides, across all retail sectors. With a current supply of 10,000,000,000 and 2,286,791,464 in circulation, SHPING aims to be a choice for transactions involving information, goods, and services across all brands, retailers, and industry organizations.

SHPING works by creating a platform that connects brands to shoppers, enabling them to make smarter, informed buying decisions. It aims to enable brands, retailers, and industry organizations to directly reward shoppers for purposeful engagement. This is achieved by tokenizing brand engagement, where consumers are rewarded for their attention and interaction with brands. The SHPING token serves as the reward mechanism, encouraging consumers to engage with brands across all retail categories.

SHPING has potential use cases in various retail sectors. It aims to be the preferred digital asset for transactions involving information, goods, and services across all brands, retailers, and industry organizations. By tokenizing brand engagement, SHPING aims to encourage consumers to engage with brands, thereby fostering direct, meaningful relationships between brands and consumers. This could potentially alter the dynamics of traditional marketing, making it more interactive and rewarding for both parties involved.

The history of SHPING is rooted in its vision to fuel the world's largest platform that connects brands to shoppers while enabling them to make smarter, informed buying decisions. It was developed as a digital asset on the Ethereum platform, with a supply of 10,000,000,000 and 2,286,791,464 in circulation. Over time, SHPING has aimed to be a choice for transactions involving information, goods, and services across all brands, retailers, and industry organizations. It continues to evolve, aiming to alter traditional marketing dynamics by rewarding consumers for their attention and engagement with brands across all retail categories.

Shping aims to enhance product information transparency and consumer trust in retail through its collaboration with IBM Food Trust™. This partnership strives to provide consumers with detailed product traceability and origin information via the Shping App. The initiative allows consumers to delve into the details of the raw materials in their products, tracing their origins and journey. Shping, a global platform powered by its blockchain token, Shping Coin, provides users with insights into product details, reviews, nutritional data, and more. The integration of IBM and Shping's technologies aims to provide consumers with a comprehensive view of product data, from origins to distribution specifics. This collaboration seeks to increase consumer awareness, build trust, and promote transparency across industries.

Participating in the Shping ecosystem and using SHPING tokens provides consumers with several advantages. One aspect of the Shping ecosystem is its aim to create a large product database, providing users with valuable information for comparing prices and finding competitive prices across a wide range of retailers. This aims to empower consumers with accessible information to enhance their shopping experience. Another feature of the Shping ecosystem is the Shping Coins, the digital asset that fuels the Shping ecosystem, can be earned by consumers through various activities such as scanning barcodes, uploading receipts, watching videos, writing product reviews, and more. These coins can be stored in a compatible digital wallet and can be utilized within the Shping ecosystem. Lastly, Shping aims to uphold the integrity of product data by using advanced technology to identify and flag inaccurate inputs, with the intention of providing consumers with reliable and accurate product information.

Shping strives to tackle counterfeit products and enhance product authenticity through a multi-faceted approach that utilizes blockchain technology. Shping's platform enables brands to upload product information to a decentralized database, which can then be accessed by consumers through a mobile app. By scanning a product's barcode, consumers can verify the product's authenticity, origin, and other relevant information. This approach is intended to provide transparency and traceability in the supply chain, with the aim of reducing the risk of counterfeit products entering the market. Shping acknowledges consumer participation in this process by providing them with Shping Tokens, a form of digital reward, for scanning products and writing reviews.

Integrating Shping's platform into marketing strategies may provide businesses and brands with several benefits. One benefit is the potential for a more nuanced understanding of customer preferences through cross-channel data. This could enable businesses to craft personalized purchase funnels for each shopper. Another potential benefit is the enhancement of the effectiveness of marketing efforts by utilizing platform data to inform all marketing campaigns and communications. The platform also simplifies cost efficiencies by providing consolidated billing, which may eliminate the need to manage multiple contracts. The platform may also contribute to content that aligns more closely with customer behavior, potentially leading to more effective content. Additionally, the platform may contribute to more efficient operations, enabling brands to focus on delivering cohesive customer experiences. By integrating Shping's platform, businesses and brands may strive to improve financial performance, expand operations, and improve customer engagement and personalization.

The Shping blockchain stores a variety of data and information, primarily related to product verification and consumer engagement. This includes details about products, their origins, authenticity, and related consumer interactions. The data is stored in a decentralized manner, meaning it's spread across multiple nodes or participants in the Shping network. This aims to provide a level of transparency and immutability to the data. The Shping blockchain utilizes cryptographic keys for data access. Each participant in the network has a pair of keys: a public key, which is visible to all other participants, and a private key, which is kept secret. To access the data, the participant's private key must be authenticated by the network. This is intended to allow only authorized individuals or entities to access the specific data they are permitted to view or modify.

Market

Canada Market Stats

Market cap

CA$24.8M

Volume (24h)

CA$414,873.31

Circulating supply

2.3B SHPING

Typical hold time

20 days

Popularity

#881

All time high

CA$0.18

Price change (1h)

-1.01%

Price change (24h)

-10.78%

Price change (7d)

-19%

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SHPING is on the decline this week.

The price of SHPING has decreased by 1.01% in the last hour and decreased by 10.78% in the past 24 hours. SHPING’s price has also fallen by 19.00% in the past week. The current price is CA$0.0108 per SHPING with a 24-hour trading volume of CA$414.87K. Currently, SHPING is valued at 93.96% below its all time high of CA$0.18. This all-time high was the highest price paid for SHPING since its launch.

The current circulating supply of SHPING is 2,286,791,464 SHPING which means that SHPING has as total market cap of 2,286,791,464.

FAQ

What is the current price of SHPING?

We update our SHPING to CAD currency in real-time. Get the live price of SHPING on Coinbase.

What is the market cap of SHPING?

The current market cap of SHPING is CA$24.81M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of SHPING?

The all-time high of SHPING is CA$0.18. This all-time high is highest price paid for SHPING since it was launched.

What is the 24 hour trading volume of SHPING?

Over the last 24 hours, the trading volume of SHPING is CA$414.87K.

What other assets are similar to SHPING?

Assets that have a similar market cap to SHPING include Serum, Cosplay Token, Unisocks, and many others. To see a full list, see our comparable market cap assets.

How many SHPING are there?

The current circulating supply of SHPING is 2.3 billion.

What is the typical holding time of SHPING?

The median time that Coinbase customers hold SHPING before selling it or sending it to another account or address is 20 days.

What is the relative popularity of SHPING?

SHPING ranks 87 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of SHPING?

Currently, 94% of Coinbase users are buying SHPING. In other words, 94% of Coinbase customers have increased their net position in SHPING over the past 24 hours through trading.

Can I buy SHPING on Coinbase?

Yes, SHPING is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy SHPING guide.