💡 Sheng Platform: Users and Vendors Advantages, Sheng Payment and Reward Gateway 💰💎

From my previous blog we learned some general information about Sheng Project, its platform, specification of the activity and features of the functioning of the platform and its surrounding ecosystem. But we still didn't find out what exactly we get when signing up to the platform and starting to use it. So, let's do this, let's learn a bit more about Sheng World and what it offers us.

We must remember that the Sheng platform has a narrowly focused occupation and is operating in the direction of the Lifestyle, Wellness and Healthcare, and offers goods and services of wellness tourism, luxury travel, global healthcare, cosmetic surgery, personal grooming, spa, golfing and any other that may be assigned to these and related categories.

Some of their partners are already convinced that Sheng Project will become a game-changer in the Lifestyle, Wellness and Healthcare industry, so we definitely should at least know and watch them, and, hence, I think I must share with you the comparison table where Sheng World is compared to other world-known booking platforms:

And, returning to our topic, first of all, I think it must be emphasized that all Sheng World platform users will be getting rewards in frames of Sheng Payment and Reward Gateway program. And it is really cool feature, isn't it? I think we should pay some attention and look onto it a bit closer.

The Sheng Payment and Reward Gateway incentivize users to use LIFE tokens, internal stable tokens of the platform which may be purchased through the internal multi-currency wallet and exchange for fiat money or major cryptocurrencies. LIFE tokens are used to pay for services and products acquired on the platform. Also, users can earn LIFE tokens for holding SHENG tokens. The SHENG token is the second token of the platform, which is an external token and may circulate or be used far beyond the platform. I don't know the exact numbers of rewards at the moment, but they are promised to be significant, so I will be monitoring this issue after the official launch of the platform and advise you to do the same.

Another way to earn, already SHENG tokens is to be an active user of the platform. It means you will get SHENGs for positive activities within the platform, such as referring users and potential customers to the platform, writing constructive reviews of the services and goods, or giving the ratings to its sellers. Sounds cool, isn't that? I think, yes.

To clarify stated above I should specify that every time when the LIFE Token transaction is made, no matter it was done via the POS device or on the platform itself, the following transaction components are appearing:

• Principal - this bulk of tokens is getting to the merchant for his services or products provided.
• Transaction Reward - it is savings on transaction costs and it is divided between merchant and customer.
• Referral Reward - some percent of LIFE Tokens allocated to the referrer of the client and the merchant.
• Interaction Reward - described above rewards in SHENG tokens for being an active platform user.

And to make our topic clear I should list the advantages for the users and for the vendors that are signing up to the platform and plan to use it:

For users:

• First of all, they are able to enjoy the convenience of having all their lifestyle and wellness goods and services catered into the one single innovative platform.
• Platform promises discounts on the best world-class services and goods, so, Sheng platform users can get it first.
• User's preferences and requirements will not be staying out of attention, the AI will gather and study them to improve user experience and product offerings.
• Mentioned above reward program that enables users to earn tokens and spend it on the products afterward.

For vendors:

• First of all, it is another one great opportunity to sell their products and services to a huge amount of users that are here exactly for this.
• Increased inventory.
• Ability to study customers' preferences and requirements to be able to improve their services.
• Convenient franchising system.
• Reduced transaction and platform costs.
• Increased opportunities and set of tools.

Also, there will be two types of vendors on the platform, with a Basic and Verified status. And only those vendors who have Verified status will have access to all platform's features and obviously will gain more users' trust and customers' money. This step, on my mind, will have only good consequences for all parties, including the platform itself.

So, as you can see, Sheng World is a pretty enthralling world with a lot of useful features and advantages for both, users and vendors, and it definitely deserves our attention and maybe even trust. And I really hope that that will be a new game-changer in this sector and we will start using it from the very beginning of its functioning. Let's just hope that the crypto market will thrive and enables us to earn enough money for this already in the nearest future...

To study the project by yourself you should go through these links: Sheng Asia website, Whitepaper, Bitcointalk ANN thread, GitHub, Reddit, Twitter, Facebook, LinkedIn, Youtube, Medium, Telegram.

Also, if you have any questions to me do not hesitate to ask them in telegram: @dahuacap or bitcointalk: coinsniperX