[ANN] SHOP Protocol - The Future of Decentralized Retail 💲🛒

[SHOP_]

I watched the presentation. I do not understand, what is the difference between your trading floor and Alibaba? There are also many sellers and buyers.

The SHOP Protocol supports many thousands of buyers and sellers at the same time, and scales to match the volume of other marketplaces like Alibaba. One of the differences, however, is that some key information is maintained securely on the blockchain. To start, this allows users to share certain private data with brands/advertisers in exchange for incentives like shopping discounts and cryptocurrency. This improves the irresponsible privacy model of other marketplaces, while creating value for shoppers and brands alike in a fair and transparent way. The use of a blockchain also allows other key supply chain data to be securely held while remaining accessible to involved parties. This ability to host a common source for shared data breaks down the barrier that can cause information imbalance in a business relationship. Having information be secure, immutable, yet open to all privileged parties, can reduce supply chain overhead costs and create efficiencies that were previously impossible. These efficiencies turn into profits for brands, and competitive prices for shoppers.

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[SHOP_]

I like it very much, I will continue to observe it

Thank you, so do we! We think that the current system of ecommerce is fundamentally broken and if we do not work now as a community to fight for our digital rights huge corporations will continue to increase their grasp on the flow of information until there is nothing left but their profits. Our personal data is valuable, and it should be treated that way.

Please let us know what you think via telegram:

https://t.me/shoppersshop

[TimmyCortonde]

The SHOP Protocol supports many thousands of buyers and sellers at the same time, and scales to match the volume of other marketplaces like Alibaba. One of the differences, however, is that some key information is maintained securely on the blockchain. To start, this allows users to share certain private data with brands/advertisers in exchange for incentives like shopping discounts and cryptocurrency. This improves the irresponsible privacy model of other marketplaces, while creating value for shoppers and brands alike in a fair and transparent way. The use of a blockchain also allows other key supply chain data to be securely held while remaining accessible to involved parties. This ability to host a common source for shared data breaks down the barrier that can cause information imbalance in a business relationship. Having information be secure, immutable, yet open to all privileged parties, can reduce supply chain overhead costs and create efficiencies that were previously impossible. These efficiencies turn into profits for brands, and competitive prices for shoppers.

So do I understand correctly that SHOP is going to be a new blockchain-powered marketplace on a website?
Sorry for such a question, but your landing page lacks a simple video/graphic presentation to make the idea clear.

[SHOP_]

The SHOP Protocol supports many thousands of buyers and sellers at the same time, and scales to match the volume of other marketplaces like Alibaba. One of the differences, however, is that some key information is maintained securely on the blockchain. To start, this allows users to share certain private data with brands/advertisers in exchange for incentives like shopping discounts and cryptocurrency. This improves the irresponsible privacy model of other marketplaces, while creating value for shoppers and brands alike in a fair and transparent way. The use of a blockchain also allows other key supply chain data to be securely held while remaining accessible to involved parties. This ability to host a common source for shared data breaks down the barrier that can cause information imbalance in a business relationship. Having information be secure, immutable, yet open to all privileged parties, can reduce supply chain overhead costs and create efficiencies that were previously impossible. These efficiencies turn into profits for brands, and competitive prices for shoppers.

So do I understand correctly that SHOP is going to be a new blockchain-powered marketplace on a website?
Sorry for such a question, but your landing page lacks a simple video/graphic presentation to make the idea clear.

We've been working hard on the tech and are just beginning to move out of stealth, but you can expect a lot more in the next few days as we announce the first DApps running on the SHOP Protocol.

You're exactly right though! We are releasing a decentralized protocol that allows mainstream brands to organize their entire supply chain, from production to shipping and shopping, in a decentralized way so that there is more freedom for brands and shoppers alike to transact openly and fairly. Brands get access to customer data directly, without needing to pay ad and data networks to broker it and charge for it, and for the first time shoppers get paid directly for sharing that information if they decide to. By cutting out middlemen at every level of the supply chain, brands and shoppers alike benefit. And the entire network is a co-op, so brands and shoppers own the network itself!

You can get a sneak peak to one of the very first marketplace DApps running on the SHOP Protocol by checking out Kanga: https://www.kangashop.com/. We haven't made an official announcement yet, but Kanga is a perfect sneak peek into the future of decentralized eCommerce.

[gslgroup]

What is the main focus of the project. Is it focused primary on B2B clients / business clients or main audience is individual clients?

[HostC]

What aspects do you have that are better than your competitors such as storiqa?

[SHOP_]

I like it very much, I will continue to observe it

Some of our team is speaking in Austin, Texas for SXSW, and we are excited to share announcements soon from the event.  

[SHOP_]

What is the main focus of the project. Is it focused primary on B2B clients / business clients or main audience is individual clients?

Retail is a network of economically aligned participants. We will be engaging the existing ecosystem of marketplaces, and brands (B2B) then will be supporting those partners in their efforts to to reach shoppers (B2C). This multifaceted approach is often referred to as B2B2C. (Business 2 Business 2 Consumer). The SHOP Protocol supports every step of the process.

Almost half of our tokens are being allocated strictly for incentivizing 1) brands to join our platform and 2) consumers to use the platform. Because SHOP functions as a legal cooperative, all users, whether they are businesses or consumers, own the platform, decide how the platform should function, and benefit from its success.

We already have a number of partnerships with well known businesses to begin using our platform, and we are very excited to announce them in the coming days and weeks. When consumers see the selection of brands, and the impressive rewards they get through interacting with those brands on our platform, it's simple to see how the chain of B2B2C is so effective.

[Aknoe]

I do not understand anything. do you have white paper? if there is, then where can I see it? I could not find it on the site. Do I understand correctly that now there is a pre-sale? can you find out how it goes?

[SHOP_]

What aspects do you have that are better than your competitors such as storiqa?

There is an extensive list of key differences between SHOP and other projects in the space.

First, users get paid if they choose to share their personal data, because we believe that it is completely irresponsible to use technology just to increase corporate profits and not develop the digital sovereignty of users.

Further important differences are that SHOP already has a large codebase, owns key technology patents, and has already made a number of key corporate and IP acquisitions to extend and build upon the SHOP Protocol infrastructure. This means we are not building from scratch, but instead are in a position to take functioning ecommerce solutions and upgrade them to the decentralized Web 3.0. We have an impressive head start in the industry.

We will also have a number of brands active on the marketplace from the very first day the platform goes live in the next few months. Our team has a spectacular and unique track record of working with large brands and businesses, and this extremely diverse network of relationships with traditional brands, as well as the many decade long set of experiences working with multi-billion dollar companies means SHOP is completely without competition in the space in critical ways. We already have extensive, functioning, open sourced code (see our GitHub: http://www.github.com/shoppersshop, and our API documentation: https://developers.shoppers.shop/) , and very soon we will be launching the SHOP Protocol so that anyone, whether an independent shopper or a billion dollar brand, can quickly get up and running and benefit from a decentralized retail platform. Few blockchain projects can claim this, though our entire team is incredibly inspired by all of the innovative visions in the distributed technology space.

We also have an incredible plan to utilize almost half of our entire token supply to incentivize developers, brands, and shoppers to build on and make use of the SHOP Protocol. This plan was formed with the intention of making SHOP not only the first decentralized, mainstream eCommerce platform, but making it extremely easy and exciting to participate in the development and use of. Having worked with well known, successful, international companies means our entire team knows what an effective platform looks like, and exactly how to get people engaged and eager to participate in it.

SHOP is also structured as a legal cooperative, so unlike many projects where the only way to be a part of the economic and governance model is to own tokens or be an employee, every single user of the SHOP Protocol is a co-owner and shares in the success of the platform. It is a completely open and flat structure where every member, be they a huge retail conglomerate or a single consumer gets an equivalent vote. The only way to have a bigger voice in the discussion is to write code and build on the platform.

In short, the SHOP Protocol is not just a P2P marketplace for people who appreciate their own data security and impressive technology. SHOP is building something everyone, including multi-billion dollar brands, will want to use. We are not aiming at a niche use case, but have the plans in place to be the global open standard for digital commerce. We are building something not just for enthusiasts and cypherpunks, but something that all people will be a part of, and all brands will build on, because it will simply be better than anything else.

Our main competitor is Amazon, and they have already proven they have no respect for user privacy, and at this point their track record is so tarnished there is no way they will ever be able to catch up with us. SHOP will be a marketplace where the user is not just another product in the eyes of the company. With SHOP, every person is an owner of the platform itself, and the relationship of all parties, from shoppers to brands and developers is transparent, open, and balanced. We are building not just a prototype of what the future of ecommerce should be, we are building the fully functioning, mainstream paradigm for the next step in selling, shopping, and transacting.

[SHOP_]

I do not understand anything. do you have white paper? if there is, then where can I see it? I could not find it on the site. Do I understand correctly that now there is a pre-sale? can you find out how it goes?

The whitepaper is on our github here: https://github.com/ShoppersShop/whitepaper/blob/master/technical-white-paper.org

Our public presale started recently and is open to accredited investors, please find out more or contact us if you are interested in participating: https://shoppers.shop

We will be announcing milestones and updates in regards to the token distribution soon. In the week or so our pre-sale has been open we have raised over two million dollars.

To get the latest updates please join our telegram channel: https://t.me/shoppersshop

[SHOP_]

Hello,

SHOP Protocol has been added to TrackICO (profile link: https://www.trackico.io/ico/shop-protocol/).

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

Thank you! We are very proud to have a well earned score on your page, we will contact you in regards to a couple of missing data points, for example the milestones rating. If you look at the roadmap in our original post you can see we have hired SEC regulators, and acquired multiple companies recently, huge milestones in our progress. We also have clear dates for our token distribution which we are meeting and I think overall have a very clear set of goals as well as milestones already reached along the way.

[chris_shop]

Jamie is somewhat of a renaissance man....he also has a good eye for art, specifically modern art, and he does jujitsu (amongst other things).

[SHOP_]

Jamie is somewhat of a renaissance man....he also has a good eye for art, specifically modern art, and he does jujitsu (amongst other things).

It's true.

[SHOP_]

Official announcement today regarding our acquisitions: http://www.prweb.com/releases/2018/03/prweb15321872.htm
   
Blockchain Retail App Acquires VC-backed Companies with its Own Crypto Token at SXSW

SHOP, the retail platform designed with cutting-edge blockchain technology, announced the acquisition—with their own SHOP Tokens—of retail app Kanga, e-commerce platform FoxCommerce, and omnicommerce platform Comrse at the premiere tech-centered conference, SXSW. Kanga and FoxCommerce will be the first apps to run on SHOP's Blockchain protocol, giving shoppers across each platform access to the SHOP Token. SHOP is spearheaded by former Target retail innovation lead John Wantz and former Nike, Disney and Radio Shack marketing consultant and co-founder of art publication, Juxtapoz, Jamie OShea.

John Wantz is a serial entrepreneur that recently served in a leadership position within the innovation group at Target. Wantz believes that the future of consumer commerce will be won by protecting the direct relationships of Brands & Shoppers within a decentralized retail structure.

SHOP is the second startup founded & led by Wantz. His previous venture, Comr.se (now part of SHOP) was a pioneer in Social Commerce, powering patented transactable commerce experiences on Facebook, Twitter, and Pinterest, enabling brands to connect directly with shoppers across the discovery funnel.

Jamie OShea began his professional life as a co-founder of influential countercultural art publication Juxtapoz before moving into the world of marketing to help brands better connect with youth culture, including Nike, Lance Armstrong’s Livestrong foundation, Coca-Cola, Levi’s, Radio Shack, and Johnson & Johnson. In 2010, OShea teamed up with Wantz to launch a digital agency that developed technology platforms and marketing initiatives for clients like Experian and Disney before the pair set aside the agency world to better serve brands through the development of new retail-centric tech platforms Comrse & SHOP.

SHOP CEO John Wantz says, “We’re laser-focused on shopping and powering experiences that enhance the direct relationships between brands and shoppers. SHOP is establishing a decentralized retail ecosystem where brands and shoppers have the power to dictate how value will be exchanged amongst themselves based on shopper-controlled access to their own personal data and appropriate rewards given by brands in return.”

Shoppers receive SHOP tokens from brands in exchange for sharing information such as consumer preferences, style profile, and purchase history. Tokens can then be used in return for discounts or other incentives. This allows shoppers to control their data and be directly rewarded for brokering it to brands during transactions. SHOP has scheduled a public sale of 100 million SHOP Tokens between May 14, 2018 – June 13, 2018.

SHOP CMO, Jamie OShea explains, “The SHOP token has been designed to support an ‘information marketplace’ that continually increases the amount of personal consumer data being shared between shoppers and brands. This equitable exchange helps brands deliver more meaningful retail experiences to shoppers while returning greater savings to them in the process. For shoppers, this is the first tool that empowers them to own and monetize their personal data, shifting that control out of the hands of third-party retailers like Amazon.”

The SHOP Wallet, which will be used to store/spend tokens and control brand access to shoppers’ personal data on various platforms across the SHOP landscape, is now live and available for use in conjunction with the Kanga platform. Kanga is a millennial-targeted online retail apparel startup, whose focus is on omnichannel and social integrations. FoxCommerce is an API-first retail platform providing scalable, flexible customization tools to market products. FoxCommerce was funded by notable VCs such as RoundCapital and SUSA. Comrse is an omnichannel retail platform that enables brands to move their eCommerce store into external environments like social posts. As part of their service neither Kanga or FoxCommerce accept merchant fees.

“Blockchain technology has the power to greatly improve many industries, and retail is chief among them,” explains FoxCommerce and Modcloth founder Adil Wali. “SHOP is well positioned to be a large part of the meteoric rise of decentralized technology. I'm very excited to work with the talented SHOP team to make retail more frictionless for shoppers and retailers alike.”

ABOUT SHOP
SHOP is a decentralized blockchain-enabled retail data marketplace that establishes a tokenized free market commerce landscape. SHOP lessens the grasp of third-party marketplaces by returning control of personal data to shoppers, reconnecting brands with their customers, and encouraging innovation.

[andre2ether]

been following you guys for awhile now but the info on CQ about your CEO filing for bankruptcy and now facing legal action for committing fraud related to his bankruptcy is bad news, staying away from this one

[SHOP_]

We won the ShopTalk conference Pitch Competition, $25,000 prize!
https://www.fungglobalretailtech.com/news/shoptalk-2018-day-1-takeaways-startup-pitch-competition/?ct=t(DAILY_FEED_SEP_1_20169_1_2016)&mc_cid=a46e929016&mc_eid=b75fbde08f

[SHOP_]

been following you guys for awhile now but the info on CQ about your CEO filing for bankruptcy and now facing legal action for committing fraud related to his bankruptcy is bad news, staying away from this one

Here at SHOP we have nothing but respect for fully transparent and democratic platforms like ConcourseQ. That being said, we felt the need to address the recent red flags posted there. These cases stem from a dispute with a former employee released for cause. All the claims in the current and prior proceedings were without merit. Recently, the judge overseeing the claims of bankruptcy fraud berated the plaintiff’s counsel over the baseless nature of the claims and the plaintiff’s counsel subsequently resigned. The plaintiff currently has no counsel in the matter. Anyone interested in discussing this further can reach me directly at jwantz[at]shoppers.shop —John Wantz CEO, SHOP

[SHOP_]

via Crypto Coins News aka CCN, https://www.ccn.com/vc-funded-startup-brings-retail-2-0-reimagined-by-cypherpunks/

In the early ‘90s, a movement took root from the pioneering ideas of Dr. David Chaum, who wrote extensively about anonymous digital cash and pseudonymous reputation systems throughout the ‘80s. In San Francisco, circa 1992, the term cypherpunks was coined by a group of digital anarchists led by Eric Hughes, Timothy C. May, and John Gilmore. The term was an amalgamation of the words “cypher” and “cyberpunk,” and a few months after the Cypherpunks mailing list was launched, Eric Hughes published his seminal book, “A Cypherpunk’s Manifesto”.

How is all of this relevant to today’s decentralized world of digital assets, ICO’s and cryptocurrencies? John Wantz, the Co-Founder & CEO of a forthcoming blockchain-based eComm ecosystem and utility token SHOP, remains heavily influenced by the cypherpunk movement, revealing in a recent interview that his company’s principles are firmly rooted in a quote from Eric Hughes’ notorious book:

“Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn’t want the whole world to know, but a secret matter is something one doesn’t want anybody to know. Privacy is the power to selectively reveal oneself to the world.” – Cypherpunk Manifesto

In Wantz’s words, “being a Cypherpunk means being an enlightened individual who understands that privacy and control are the core tenets of living a freedom-based lifestyle, which is something I’m afraid we’re losing sight of rapidly today.” He went on to share concerns about how we’ve allowed major data centralizers, such as Amazon, Walmart, Facebook and Google, to collect our data—and by extension, us, “to an extent that would have been considered criminal only a generation ago.”

So what is SHOP all about, and how are they committed to implementing their core principles of decentralization and fairness in an industry that is sorely lacking both?

“SHOP, in contrast,” explains Wantz, “is a consortium of Brands and Shoppers formed with a goal of decentralizing the control of consumer data by reinstating default privacy and control of data and the principles of pseudonymous reputation systems.” 

SHOP is an entirely new retail operating system for apps and storefronts alike, built atop the Ethereum Blockchain, which will ensure that the permissioning and data storage is always committed to decentralization. Their native SHOP Token will enable fair and transparent value exchange between parties, which in turn will give Shoppers complete control over their data and how it’s shared. As Wantz went on to say, “this way, Shoppers always have control over something Brands want and need, and Brands are always incentivized to reward Shoppers in the form of savings and rewards to access it.”

In addition, the SHOP ecosystem will be rooted in a democratic co-op model, giving every Shopper a direct say in the future of the platform. When asked why SHOP chose this model, Wantz explained that a co-op, “was the most logical organizational model for us because it reinforces our principles around creating a decentralized retail structure that’s truly owned and controlled by Brands and Shoppers.”

SHOP is kickstarting their ecosystem with a millennial-focused online apparel store named KangaShop.com. The SHOP token is being used as the closed-loop currency within the ecosystem, and any brand that desires to extract a Shopper’s data will be able to provide them with SHOP tokens as a reward for doing so. Wantz had this to say in regards to launching with this particular store: “KangaShop serves as a utopian example of how a retail environment can operate fairly and equitably within our ecosystem. There’s no fees for Brands that sell through Kanga, and Shoppers retain all of their data.”

All things considered, where does Wantz see the SHOP co-op in 10 years time? “Staging a hostile takeover of Amazon.” He went on to explain that they don’t plan on launching direct attacks against Amazon’s existing stronghold over brands, as that would be an expensive and grueling process. “Rather, we want to create a new system of supply and demand within infinite other consumer touchpoints where Brands & Shoppers can move freely without being leveraged and centralized.”

For more information visit www.shoppers.shop and connect with SHOP on Telegram: t.me/shoppersshop

[SHOP_]

SHOP Announced as Shoptalk 2018 Startup Pitch Winners
https://shoppers.shop/2018/03/22/shoptalk-2018-startup-pitch-winners/

Earlier this week the SHOP team attended the Shoptalk Conference in Las Vegas, the “world’s largest conference for retail and eCommerce innovation” according to the Shoptalk website, winning 1st place in the Startup Pitch Competition.

The finalist of the competition consisted of 15 technology companies from around the globe who are building retail solutions, but in the end the judges selected SHOP for its promise in disrupting the retail landscape and awarded us the $25,000 prize.

Watch the video below to see the entire 5 minute pitch our CEO, John Wantz, presented at Shoptalk and here how the SHOP team is bring value back to brands and shoppers through decentralizing retail.

https://www.youtube.com/watch?v=B17ErdI-tfc