Introduction to Sheng — A global one-stop platform for wellness and lifestyle
“ The foundation of success in life is good health: that is the substratum fortune; it is also basis of happiness. A person cannot accumulate a fortune very well when he is sick.” — P.T. Barnum
Dependence on technology has increased significantly over the course of last few decades, and it has crept into every corner of our lives: from obsessive texting to checking emails more often than a stockbroker eyeballs the Dow.
Consequently, life has become fast-paced, which has not only impacted our daily routines but also directly affected our way of living i.e., our lifestyle. People, especially in the urban areas, are adopting unhealthy eating habits mainly because of daily routine imbalance. Work-induced stress and anxiety are increasing while health affecting activities such as smoking, drinking alcohol and caffeine-containing beverages, or eating junk food are on the rise. All this is affecting not only our physical but mental wellbeing as well, which has deteriorated the quality of human life despite all the comforts and amenities of the modern lifestyle. This is another reason why there is an increasing prevalence of infertility resulting from delay in childbearing, lifestyle as well as environmental factors. It is estimated that by year 2100, 400 million individuals or 3% of the world population may be alive as a result of IVF, ICSI and other fertility treatments.
In all this, there are still many ways where a person can leave the artificial mechanized life and strive for a more healthy, natural, and active lifestyle. However, when it comes to traditional wellness and lifestyle, consumers struggle when it comes to finding a one-stop solution for all of their health, wellness, and lifestyle needs. Similarly, for merchants, it is hard to reach out and scale their businesses across the world as while every country has its own platform that may serve this purpose, it is limited to serving only local customers.
With Sheng World, all this changes completely. Consumers get access to all sorts of lifestyle and wellness related products and solutions under one platform. At the same time, merchants can work with other merchants both locally and internationally, and reach out to global customers that require services in the wellness and lifestyle industries
Sheng World serves as the first-ever B2B4C platform that harnesses the power of blockchain and AI to create an entire ecosystem for the lifestyle and wellness industries. It offers services and products that enrich the mind, body, and soul, allowing users to celebrate life and rejuvenate from the grind of daily life. Powered by blockchain, Sheng World is fueled by two (2) tokens, i.e., the SHENG Token, which is used as a reward and staking token, and the LIFE Token, which is the token that will be exchanged for goods and services in the SHENG Marketplace. Unused LIFE tokens can be refunded in the SHENG Marketplace at the discretion of SHENG World. Users using the LIFE Tokens for payment gets access to the full features of SHENG World, including discounts and the ability to earn rewards from the ecosystem.
The SHENG Tokens are used by vendors to stake their positions in the SHENG Ecosystem.
To join the SHENG eco-system, vendors must purchase, stake, and maintain enough SHENG Tokens to create a node on the blockchain. Different vendors will have different staking requirements depending on their transaction volume size and needs. SHENG Tokens are also used to purchase services such as advertising on the platform.
The MVP of the Sheng Platform and Sheng Marketplace will be launched by the end of Jan 2020. Moreover, to develop the infrastructure as per the roadmap is given on the website, the management strives to perform a crowdfunding campaign whereby Sheng Token will be sold in a multi-phase token sale. Currently, the project’s private token sale is going on, whereby interested buyers can purchase Sheng Tokens at discounted pricing. This phase will continue until the announcement of the IEO sale.
To contribute to the token sale, please visit the website http://www.sheng.global/ and get yourself whitelisted. For any queries or comments, please send us an email on info@sheng.global or contact us on telegram at https://t.me/sheng_world.
