Shopin Kicks Off Partnership With QRYPTOS and QUOINE, Extends Lock-Up Date

We are very pleased to announce an exciting partnership with QRYPTOS, a subsidiary of QUOINE, one of the largest exchanges in Asia (and one of the few licensed exchanges in Japan).

This is an incredible opportunity for Shopin to expand awareness of our innovative work and community as well as our upcoming Q4 launch, while giving our participant community — new and existing — a chance to pick up Shopin Tokens at $0.16.

This event will run from August 8-28, and whitelisting started on July 28. Our landing page is now live and fully functional.

There will be a special incentive for the Shopin community to receive 50 QASH (QUOINE/QRYPTOS’ token) for becoming a QRYPTOS member and participating. Please visit QRYPTOS to sign up and get whitelisted.

Here is a quick snapshot of the month ahead and the incentives:

Here are the terms in detail:

INCENTIVES for the collaboration:

ALL Shopin referrals or existing HODLrs who set up a QRYTPOS account and participate get 50 QASH

Exciting BONUSES from our partners to complement our bonuses:

$100k = 5,000 QASH

$250k = 12,500 QASH

$500k = 25,000 QASH + QUOINE Operations Head Seth Melamed will fly to your location, take you out to dinner and personally deliver the QASH bonus along with a QUOINE t-shirt and coffee mug

$750k = 50,000 Qash + all expenses paid trip to Saigon + dinner with QUOINE CTO and CoFounder Mario Gomez-Lozada at an exclusive Michelin star restaurant

$1MM = 100,000 QASH + all expenses first class paid trip to Tokyo + dinner with QUOINE CEO and CoFounder Mike Kayamori and Shopin CEO and Founder Eran Eyal at a 5-star sushi restaurant

The QRYPTOS/QUOINE ethos is one that we believe in strongly, which is to remove the uncertainty factor in the token participation process, reduce confusion, resolve questions efficiently, and execute events such as ours in an elegant, compliant, and streamlined manner.

Due to government regulations unique to each country, citizens and residents of China, Japan, North Korea, Syria, and the U.S. will not be able to participate in this event.

In order to launch our partnership on QRYPTOS as well as two tier 1 exchanges shortly after, we will be extending the SHOPIN Token lock-up date from July 29 to August 29, after which the lock-up will officially end.

The lock-up period enables us to make absolutely sure that the original SHOP Tokens are officially recalled and there are no errant tokens floating around our crypto universe that are not endorsed by Shopin and could possibly be under the control of a hacker.

We see this as a great opportunity for existing participants as well as the security and well-being of our community. We appreciate all your support, patience, trust, and faith in our team and process. If you have any questions, please contact us at kyc@shopin.com.

Additionally, we have large syndicates that are struggling to get many of their members swapped in time since many folks are travelling at this time of year. We would not want some participants to have an unfair advantage over others.

Please note that our Token Swap is currently ongoing and if you have not yet returned your SHOP Tokens in a one-for-one exchange of SHOPIN Tokens, please do so as soon as you can. If you have questions about this process, please refer to these instructions.

Thank you all for your continued support! And look for more updates in the next 48 hours.

You can follow our news and the Shopin conversation through the following outlets: Twitter, Facebook,LinkedIn, Reddit, Steemit, and YouTube.

Cheers, Eran Eyal, CEO and Founder of Shopin

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