Shping, an innovative shopper marketing platform, have today announced the end of their Presale after successfully reaching a hardcap of US$3m three days before its scheduled end date.
All token buyers purchasing Shping Coin during the period of the Token Presale were awarded a very generous bonus of 40 per cent in Shping Coins, free of charge.
The amount raised will be used for the continued business development of the Shping app and the Shping Coin system in the regions of Australia, New Zealand, China & Singapore.
“We’re astounded, humbled and incredibly grateful for the community who have rallied so passionately behind this project,” said Shping chief executive officer & founder, Gennady Volchek.
“The people have voted with their wallets—they believe in this project and Shping Coin just as passionately as we do, and we do not intend to let them down.”
“With the funds from the Presale alone, we’ll be able to deliver on the requirements for Phase 1 of our roadmap which is incredibly exciting. But with the Crowdsale coming up, this is just the beginning of our expansion plans.”
From verifying a product’s authenticity to looking up a product’s ingredients, consumers will have access to an increasingly useful resource through the Shping app and platform.
Brands, retailers and organisations that have acquired Shping Coins, an ERC-20 compliant cryptocurrency during the Token Presale are now able to allocate these to their consumers to fuel engagement and incentivise information exchanges between parties.
Shping Coins also enable organisations to utilise the innovative shopper marketing and brand protection platform to influence consumers to make smarter, safer and more rewarding shopping choices.
“We have learned a lot through this process and the team will be working even harder to ensure our CrowdSale is easy to transact with as possible for businesses looking to acquire SHPING, as well as experience and new crypto enthusiasts alike,” Shping chief executive officer & founder, Gennady Volchek.
“From everyone at Team Shping - we want to thank all of our supporters and contributors.”
The Presale is just the first chapter of the Token Sale and the remaining Shping Coins available for purchase can be acquired during the CrowdSale from the 22nd of February to the 23rd March, 2018.
With a minimum purchase amount of 1000 SHPING (just US$10) buying Shping Coins will be even more accessible to prospective buyers.
Those wishing to obtain Shping Tokens can still do so through the upcoming Shping Token CrowdSale which will commence at midnight, Central European Time (CET), on the 22nd of February, 2018 and will conclude at 23.59 pm (CET) on the 23rd of March, 2018, unless sold out earlier.
Any deposits left over from the Presale can also be used for the CrowdSale and for the first day of the CrowdSale only, participants will receive a 20 per cent bonus.
To sign up and take advantage of the upcoming Shping Token CrowdSale, head to tokensale.shping.com