Shang Whitepaper

Introduction

Shang (壹赏) is a Web3 social tipping platform designed for simplicity and scalability. By integrating with Twitter, Shang enables users to tip seamlessly, fostering vibrant communities through micro-transactions. Our mission: Minimize friction, maximize connection.

Problem Statement

Traditional tipping systems are plagued by high fees, platform lock-in, and opaque processes. In Web3, gas fees and complex UX deter mainstream adoption. Shang solves this by offering:

• Zero-friction tipping (platform-covered gas fees).
• Ultra-low fees: 0.5% withdrawal, 0.1% instant payments.
• Full transparency with on-chain records.

Solution: Shang’s Core Features

1. Seamless Tipping:
   • Integrated with Twitter for instant tipping via simple commands or UI.
   • Future expansions to other platforms.
2. Zero-Friction Design:
   • Platform subsidizes gas fees to ensure smooth UX.
   • All tips recorded on-chain for trust.
3. Cost Efficiency:
   • 0.5% withdrawal fees, 0.1% for Stripe-powered instant payments.
   • Lowest rates in the Web3 tipping space.
4. Scalability:
   • Built on [Insert Blockchain, e.g., Ethereum Layer 2] for high throughput and low costs.
   • Modular architecture for cross-platform integration.

Roadmap

• Q2 2025: MVP and Testnet launch (April). Twitter tipping beta with community feedback.
• Q2 2025: Mainnet launch (May). Full tipping functionality and Stripe integration.
• Q3 2025 and Beyond: Multi-platform support, enhanced analytics, and creator tools.

Tokenomics (Placeholder)

Shang’s economic model incentivizes tipping and community growth. Details on token issuance and governance to be finalized post-Testnet.

Why Shang?

Shang redefines tipping as a cultural catalyst in Web3. With a relentless focus on simplicity, affordability, and transparency, we’re building the go-to platform for social micro-transactions.

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