SPIN Protocol is a decentralized ecosystem developed for the commercial application that directly connects suppliers and influencers using blockchain technology. SPIN Protocol aims to incorporate blockchain technology and start a new era of decentralized commerce (D-commerce). The platform aims to achieve this goal of implementing D-commerce by eliminating any intermediaries that hinder transparent and fair market plays. The protocol also seeks to provide technical support to operate commerce business efficiently for independent influencers.

As per the whitepaper, SPIN Protocol seeks to be the new commerce standard by eliminating unreasonable interventions of current global e-commerce platforms and providing opportunities for suppliers to meet global influencers directly. SPIN Protocol abides by six core values—Globalization, Open Participation, Fair Distribution, Transparency, Direct Relationship, and True Reputation—to achieve the following goals:

Scott Lee founded the SPIN Protocol on August 24, 2018. Lee is a BBA graduate from the University of Wisconsin-Madison and has a DAP focused in accounting from the University of British Columbia. 

SPIN has a total supply of 1,075,000,000 tokens.