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Author Topic: Shopin - The universal shopper profile  (Read 2728 times)
shopinapp
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January 20, 2018, 01:06:13 AM
 #1



Our Public Token Generation Event has ended! We send a sincere thank you to everyone in the community for participating! As of now, we’re just over 42.5M, but we’re still processing so we’ll share with you when we reach our final amount.

About Shopin
Shopin is the first universal shopper profile that provides retailers with unprecedented shopper intelligence and empowers them to compete with Amazon by offering better product recommendations, easier and more secure transactions, and more valuable rewards to customers who give retailers access to their preferences and purchase history data. Using decentralized blockchain technology and artificial intelligence, Shopin is creating a more sustainable retail economy where retailers become stronger by working together and shoppers get rewarded based on the value of data that they fully own, control and share.


News Update 4/30!

Public Token Generation Event Update 3/30!
  • Public Token Generation Event start date: March 30, 2018
  • Public Token Generation Event start date: April 29, 2018
  • Total supply of token: 1.5 billion
  • Price of token: $0.10 USD per token
  • Accepted payment: Bitcoin (BTC) and Ethereum (ETH)

Resources

Key Leaders
Eran Eyal
CEO and CoFounder
https://www.trackico.io/media/img/team/96x96xEran-Eyal.png.pagespeed.ic.HvGyNeyb66.jpg
Eran is a serial entrepreneur with three exits as a founder and more than a decade of experience in retail and ecommerce. He is the winner of the United Nations World Summit Award for Innovation, Fast Company’s Most Innovative Startup, and he is an investor and advisor for many startups.
 
Divakar Rayapaty
CTO | CoFounder
Divakar was a Principal Software Engineer at Priceline for 14 years. As a leading member of the engineering team, he was instrumental in building Priceline’s core processing platform. Since then, he was the CoFounder at Flowhealth, Director at Mezoclick, and CoFounder and CTO at Maker’s Brand.
 
Abhishek Yermalla
VP of Engineering
Abhi is a seasoned architect with more than 12 years of experience in ecommerce and engineering.
Formerly a long-time member of the Priceline design and integrations team, he was twice awarded the annual CEO achievement award.
 
Jeremy Harkness
Blockchain Technology Officer
Jeremy served as the CTO and Head of R&D at Barrows, the CTO at HP Ticket, and CTO and Founder of Strattice, where he invented the world’s first remotely managed mini server and failover router.
 
Michael Herman
CRO
Michael has spent more than 20 years in senior positions at some of the retail world's most prestigious brands, most recently as the Global President of Sales at Elie Tahari, and formerly as SVP at Donna Karan, DKNY, and Valentino.
 
Doron Wesly
CMO
Doron has extensive B2C and B2B marketing experience and has worked for companies such as Lotame, Tremor Video, Mindshare, Samsung, Millward Brown, IAB, and Applebee’s.




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shopinapp
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January 22, 2018, 04:52:51 PM
 #2

Shopin Wins First Place ICO at The North American Bitcoin Conference 2018: https://medium.com/shopin-the-universal-shopper-profile/shopin-wins-first-place-ico-at-the-north-american-bitcoin-conference-2018-6a62577383fb
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January 22, 2018, 05:13:13 PM
 #3

Can you explain why you need 45 million dollars to do this?  ICOs are getting out of control and high caps like this just look like a cash grab for your team.
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January 23, 2018, 10:20:37 PM
 #4

Watch Eran Eyal, CEO of Shopin, at Blockchain Economic Forum on Oct 31, 2017 talking about an app that lets shoppers control access to their data: https://youtu.be/CnJzvvAi4PE
shopinapp
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January 24, 2018, 06:23:21 PM
 #5

Learn how Shopin users are making the technology smarter and the recommendations more accurate simply by providing their feedback.
https://www.youtube.com/watch?v=SbsMWC6tm-s
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January 25, 2018, 09:36:54 PM
 #6

Shopin Welcomes Stellar New Leadership: CMO Doron Wesly and CRO Michael Herman

We are excited to take a moment and officially introduce Doron and Michael. You may have already heard their names as they’ve have been hard at work with us for the last few months, committed to bringing great success to Shopin.

https://medium.com/shopin-the-universal-shopper-profile/shopin-welcomes-stellar-new-leadership-cmo-doron-wesly-and-cro-michael-herman-95d2330bd870
eraneyal
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January 27, 2018, 02:15:57 PM
 #7

Can you explain why you need 45 million dollars to do this?  ICOs are getting out of control and high caps like this just look like a cash grab for your team.

I totally agree for products and platforms. Here are things to consider about this project:

1. We're a utility token. That means tax - 21% - OUCH. In the first year. So we have to really work hard to dev in year 1
2. Highly resistant and slow moving market - retailers
3. Right now we have the core team + 8 data scientists working full time on fashion alone. We need a similar size team for each industry
4. We're innovating on the blockchain tech to allow us to run over 1MM transactions per second on Ethereum. Not easy to solve for (and we're giving this tech free to the world to enable consumer DAPPs to happen on ETH) with our partners iExec
5. This will get us 5 years to secure at least 2 major industries
6. Partnership team + marketing
7. We are not a platform where all the retailers are - that's easy. We are building product recommendation engines for all the retailers and connecting them to each user in realtime, with the users having a universal shopper profile to own and control their data, reshape the web semantically for them at point of presence both online and instore
8. We're building an ad engine on top of the profiles so that retailers no longer advertise to shoppers on FB/ Google/ ad exchanges etc. Instead they pay the user Shopin tokens to accept ads, perform acts of loyalty, rewards and referals of new shoppers
9. Then there are the consumer apps for centralized wishlists, shipping tracking and return, sharing profiles and storing and using the tokens.

WHEW!

In essence - we are reshaping the web to accept a new protocol for understanding the personalization preferences of the shopper, based on live and historic purchase data plus an system to financially reward shoppers for leveraging their data.

Hope this added some clarity!
shopinapp
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January 30, 2018, 06:24:24 PM
 #8

Learn more about why we are dedicated to expanding the Shopin community and why this is crucial to the success of the project: https://medium.com/shopin-the-universal-shopper-profile/fueling-the-retail-revolution-through-community-baa0a3051080
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February 01, 2018, 03:07:39 AM
 #9


unlike other ico, apart from the White Paper, there are another two key docs - PitchDeck & Token Dynamics.
What is the key difference between them?
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February 01, 2018, 06:22:06 AM
 #10

I am very bull on this project. The cap is higher than average, but not high for a team / project like this.
AmoreJaz
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name; name-sake; For GODS sake= it's my name!


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February 01, 2018, 06:29:39 AM
 #11

the high cap seems like a cash grab and go scheme. i see no utility in this project other then to make the dev team some money
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February 05, 2018, 03:43:55 PM
 #12

Introducing the Shopin Manifesto! https://medium.com/shopin-the-universal-shopper-profile/introducing-the-shopin-manifesto-1aee1f10e553
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February 05, 2018, 06:50:33 PM
 #13

Hello,

Shopin has been added to TrackICO (link: https://www.trackico.io/ico/shopin/).

Feel free to contact us via https://www.trackico.io/contact/ if you have any questions.

Thanks a lot, TrackICO!
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February 05, 2018, 06:58:54 PM
 #14

Our partner iExec reports on BTC Miami 2018, including Shopin's award win! https://medium.com/iex-ec/field-report-btc-miami-2018-6ba5bc4782c2
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February 09, 2018, 04:38:01 PM
 #15

Check out the Shopin Social Wheel of Fortune! https://medium.com/shopin-the-universal-shopper-profile/the-shopin-social-wheel-of-fortune-5a58cf6c1877
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February 12, 2018, 07:06:50 PM
 #16

Check out Shopin’s Vision for the Future of Retail, eCommerce, and Shopper Data Rights https://medium.com/shopin-the-universal-shopper-profile/shopins-vision-for-the-future-of-retail-ecommerce-and-shopper-data-rights-3b43a164e83d
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February 15, 2018, 04:02:51 AM
 #17

 i think this great such a project like this,like to join in it. Smiley
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February 15, 2018, 11:39:37 PM
 #18

i think this great such a project like this,like to join in it. Smiley

Thanks for your feedback! We think so too! If you'd like to participate, our whitelist is currently open for our Public Presale in March. You can visit https://tokensale.shopin.com to join.
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February 16, 2018, 06:56:55 AM
 #19

Hi

I came across your Token very recently and was captivated by the ideas behind your project. I was also very impressed with you and your team and admire the nobility of your vision. As a potential investor, I have some questions regarding your project that I would appreciate if you could find the time to respond them.

From what I gather from your whitepaper and some of your presentations, you propose more of a marketing solution than an e-commerce platform.
Shopin means for adding value is by the creation of a platform for sharing purchase history data among retailers and customer in a decentralized manner, and additionally enhancing the user experience on each of the retailer’s website by leveraging the stored data of said customers.
Looking at some recent trends in the e-commerce market share, one can notice that Amazon and Ebay seem to be increasing their dominance with time, this is especially true for Amazon. The two of them combine for about 50% of the market share for the year 2017.
This trend is likely to continue in my view. Retailers both onsite and online, are at a competitive disadvantage against Amazon in many factors, not just available data.
Amazon adds value to the customer from the bottom of the supply chain all the way to the delivery of the product. While enhancing the retailer’s ability to provide a better user experience would help, is not a silver bullet that would revert this trend.
Amazon has set the standard in many more ways than just the point of sale interaction with the customers. Can you see your project, stop or slowing the amazonization (I just invented that word) trend of e-commerce without affecting all the other functions of the e-commerce business?

From my personal experience and a sample test consisting of my GF, I feel skeptic about the proposition of trading away the benefits of a central marketplace with great diversity of sellers and products with very competitive pricing, excellent peer reviews, excellent customer service, excellent shipping delivery, very generous return policies, high qualities guarantees and the list goes on… for essentially having control of my purchase history and having better user experience on the website of lesser competitors to Amazon with no general standard for the quality of services. At best, the user experience in those websites will be as good as Amazon’s, while lacking the diversity from sellers, products and peer reviews offered by the latter that I would think that greatly enhance the user experience when purchasing products. I can see the use case for some shoppers like my rich and preppy cousin that will only buy stuff directly from the official designer because according to her it guarantees authenticity, but that is more of a niche than anything else.

Please note that I’m not trying to trash your business, as I said earlier I admire you and your team and wish you the best of lucks. My comments are more opinion than research since you are informed on the subject and I’m sure you are aware of what It means trying to disrupt e-commerce, I was hoping you could shed light into the potential that I might be missing out.

Moreover, note that my opinion comes from the perspective of a millennial who has grown to see Amazon as a one-stop shopping solution for 90% of its commercial life. I would be very hard-pressed to consider switching platforms and I don’t see the incentive as to why would I do it for something as what Shopin is suggesting. Also, in the case my beliefs are wrong and Shopin could threaten Amazon, what competitive advantage you have over Amazon that would not allow them to replicate your model if it succeeds. Amazon is known for doing that in the retail space, I cannot see why they would not use their practically infinite capital to build a similar solution that would include the holy grail of datasets, Amazon’s shopping cart history, given that blockchain is open source and I would presume that Amazon already has business relationships with most of the retailers you trying to onboard.

Having said all of the above, I can still see Shopin succeeding in their project by helping to level-out the playing-field in terms of user experience while at the same time the overarching trend in the industry not changing. Meaning that while the e-commerce industry keeps conceding ground to Amazon, Shopin can help ease the pain. That on it is own is probably worth investing, disrupting Amazon would be a very ambitious, perhaps unrealistic, goal and more of a lottery ticket I think.
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February 16, 2018, 09:16:53 AM
 #20

Why can't I download the whitepaper without entering my email? Are you kidding me, guys?

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