SHOPX: RWA-Powered E-Commerce
  • Introduction to SHOPX
    • 📑Introduction to SHOPX
    • 💡Problems SHOPX Solves
    • 📈Market Opportunity
    • 🥸Global Counterfeit Market
  • The Decentralized Ecosystem
    • 💳Decentralized E-Commerce
    • 💰Staking and SquadX
  • SHOPX Protocol
    • ✅Authenticating RWAs with SHOPX and NFCs
    • ⛓️The RWA Encoded NFC Chip
    • 🔍Third-Party Verification
    • 🧐Authentication for Fraud and Forgery Resistance
    • 😌Confidence in the Secondary Market
    • 👮Insurance Fraud and Central Authorities
  • How NFTs Benefit E-Commerce
    • 🛍️Transforming Affiliate Marketing
    • 🤖Bot Prevention
    • 🎉Exciting Customer Activations
  • Supply Chain and B2B Benefits
    • 📦Decentralized Inventory Database
    • 🗂️Advanced Product Tracking
    • 🚦Automation Through Smart Wallets
  • Economic Theory
    • 📲Why E-Commerce Needs SHOPX
    • 🤚The Invisible Hand
    • ⚖️Supply Chain Pareto Efficiency
  • For Projects and Brands
    • 📘Project Collab Form
    • 📗Brand Collab Form
  • Important Links
    • 🌐SHOPX Website
    • 🐤SHOPX Twitter
    • ↗️SHOPX Telegram
    • 👾SHOPX Discord
    • Ⓜ️SHOPX CoinMarketCap
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  1. SHOPX Protocol

Third-Party Verification

As SHOPX does not have physical infrastructure, we will need to enlist third-party services to manufacture the chips, verify the physical items, and connect the chips to them.

These third parties will behave like worldwide physical verification nodes and be incentivized and regulated with the $SHOPX license token. The nodes will be given $SHOPX to stake with a vesting period of staggered unlocks. Any node that experiences high numbers of authentication failures due to NFC chip tampering will lose its stake.

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Last updated 11 months ago

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