A consumption based mining process that distributes dividends in real time. In ‘Shopcornplatform’, the users make some daily consumptions and thus mine encrypted coins. And the entire platform revenue is allocated in real time to the owners of the encrypted coins for the amount they hold Shopcorn.
A consumption based mining process that distributes dividends in real time
A cryptocurrency to distribute dividends in real time supported by and specifically designed to work hand in hand with mainstream shopping platforms
Utilizing Open API’s and “ShopCorn” Payment Gateway modules to carry out online transactions, users can mine ShopCorn on any platform. The coin whose dividend value can be estimated - if a user orders a pizza worth 20$ through ‘Shopcorn platform’, the platform pays 18$ to the seller and gets 10% of the selling price or 2$ as profit. The consumer (the buyer of pizza) mines one Shopcorn. A user can mine from all the existing shopping malls, platforms, and contents in the world because 'Shopcorn platform' is interlocked with API and PG payment module.
The Background of Shopcorn
Until now, it has been valid that a society can be stable socially and economically only when production and consumption, which are the two main axes of economic activity, are in a proper balance with each other.
When the balance is off, there occurs a social chaos and an enormous economic loss.We have witnessed it in the reality through our history.As for production, on the one hand, goods have been mass-produced both in variety and scale due to automation and mechanization. On the other hand, however, consumption faces an innate limit to scalability.It is because consumption has many different patterns in personal tendency and degree of the economy due to concentration and unequal distribution of wealth.
In the modern economy, consumers' purchasing desires and consumption tendencies are considered as important information. In addition, it is not an overstatement that many companies are tailoring their value scalability to consumer's tendency.
One example of them has been an indirect benefit that a company saves consumers points or mileage. However, this typical and condescending scheme must be seen as a desperate measure for them to expand their economic scale any better, rather than for the sake of consumers.
Such economic activities do not meet the expectation consumers have on service until they expect from hearing the common phrase “The Consumer is King”.
The Core Element of Shopcorn
Keenly aware of this, our team has developed ‘a blockchain-based platform in which consumption makes a profit’ to make a balance between production and consumption by changing the values of consumption into the factors of production.
It is the spirit of ‘Shopcorn’.‘Shopcorn’ consists largely of a platform and Shopcorn(blockchains).‘Shopcornplatform’ supports API or PG module for extensibility.Shopcornaims to make the world where ‘consumption becomes profit’.
In ‘Shopcornplatform’, the users make some daily consumptions and thus mine encrypted coins. And the entire platform revenue is allocated in real time to the owners of the encrypted coins for the amount they hold Shopcorn.
In addition, ‘Shopcornplatform’ adopts API (Application Programming Interface) and PG (ShopcornPayment Gateway) modular system so the users can mine Shopcornat any shopping malls, platforms, and contents in the world. Of course, multi-language service is offered for contents, which will make Shopcorn‘a global single consumption platform’.