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Shopin
Shopin lets you experience a smarter, more personal way of shopping online and offline by building a decentralized Amazon on the blockchain, using a universal shopper profile and cryptocurrency.…
Shopin
Shopin lets you experience a smarter, more personal way of shopping online and offline by building a decentralized Amazon on the blockchain, using a universal shopper profile and cryptocurrency.…
TL;DR
Business: Decentralized universal shopper-profile platform using blockchain and a shopper token
Headquarters: Brooklyn, New York
ICO / Token Sale: Conducted ~Aug 2017–Apr 2018; raised over $42M
Regulatory/Legal: U.S. authorities found the offering and operations to be fraudulent; founder pleaded guilty
Company Overview
Problem Domain
Retail personalization, shopper data ownership, advertising and loyalty incentives
Industry
Retail technology
Funding Track Record
Over $42,000,000
Token sale raised funds later found to have been associated with fraudulent operations; founder pleaded guilty and U.S. enforcement obtained judgment.
Investor Signal
“Backed by crypto/blockchain investors and angels including Galaxy Investment Partners, Nima Capital, Passport, Block One Capital, and Outbound Ventures”