Despite a negative outlook at present, SHIPPING may rise by year’s end. There is plenty of room for optimism as the market seems to be stable and low enough for entry-level investors to see some profit. If this continues, SHIPPING would fall into the category known as an “inflating asset.” Here’s how you should invest in it now, with a little bit of luck on your side.
What is SHIPPING?
SHIPPING is a cryptocurrency that pays dividends to its investors every week for one year. SHIPPING will consequently decrease in price every week and therefore increases in value on an annual basis by 3.2%. The asset entered the market on May 4th, 2015, with a market value of USD 5 million. Today, the total market cap stands at USD 100 million.
How is SHIPPING made?
SHIPPING is a digital token that has been created and distributed through an ERC20–compliant Ethereum platform. The asset’s source of income comes from the transaction fees and mining rewards, which are included in the code of the asset as well.
What makes SHIPPING different from other cryptocurrencies?
SHIPPING is unique in that it has an actual product. SHIPPING owns and operates Shinganook, a Korean internet company that provides internet service to consumers across Korea and other Asian countries using 3G Internet, VoIP, and DSL technologies. The company operates both a traditional ISP business and a service provider for multi-channel marketing (MCM). The company’s revenue comes mainly from a monthly fee charged to its customers but is also dependent on customer satisfaction and response. The company targets a market of 1.6 million households. SHIPPING wants to be seen as the main provider of internet services in Korea. SHIPPING holds 100% shares in Shinganook Inc., which is why SHIPPING is not listed on any exchange, unlike many other cryptos that are traded on the market.
What are the advantages of SHIPPING over other cryptos?
SHIPPING can be thought of as both good and bad for investors who choose to hold it for an extended period. A positive aspect is that SHIPPING will be adding more and more services and products to its portfolio, which will make it appeal to more investors. The company’s revenue comes from internet users and mobile phones, so it should always be on the rise. In addition, SHIPPING has plans of introducing a new satellite service that would cover Japan.
So far, the company hasn’t had any major setbacks when it comes to investments or company operations. The service has grown exponentially in terms of both customers and sales. However, SHIPPING still relies heavily on internet providers in Korea for its success as a business venture. The company is also still growing its customer base, making it difficult to predict total revenue and earnings.
What is Driving Future Growth in SHIPPING?
SHIPPING believes that the success of cryptocurrency comes from the fact that it can be used as a payment method anywhere in the world. The company plans to promote cryptocurrency payments by allowing payment terminals to accept different kinds of cryptocurrency, not just SHIPPING. This would allow customers to use their crypto while they are shopping, instead of only being able to do so through exchanges or ATMs. SHIPPING will continue its quest for growth through customer retention; the company recently announced a plan for a loyalty program, which will provide customers with a 3% discount on all bills and services paid by SHIPPING tokens.
The company has also agreed to provide Shinganook internet services to apartment complexes where tenants can pay their bills using SHIPPING. The service will also be available for business customers, allowing them to use their SHIPPING tokens for paying their bills. Eventually, SHIPPING wants all its customers and users to be able to pay with the currency. SHIPPING is also working on a proof-of-concept (POC) that includes a smart contract ATM that allows consumers to pay at shops and other locations.