Shopping Whitepaper

Wednesday, April 7, 2021
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Shopping.io Whitepaper V1 .0 AZ EXPRESS RETAIL LLC 4281 EXPRESS LN SARASOTA FL 34249

Company Profile 2020 Table of Content Whitepaper Abstract 4 Background 5 Introduction 6 About us 7 Our Vision 8 Our Mission 9 Problems and our solution 10 Data ownership 10 Over pricing 10 Dispute Resolution 11 Insecurity for the consumer 11 Delayed Shipments 11 Standout Features 12 Accepting over 100 digital assets 12 Smart Comparison 12 Direct Shopping 12 Free Shipping 12 Big Discounts 12 Borderless 13 Decentralization 13 Trustless Order Execution 9 Incentivized Reviews 9 002

Company Profile 2020 SPI Token Features 14 Mobile 14 Fast 14 Trust and transparency 14 Cost-effectiveness 14 Secure 14 Private 14 Getting started with Shopping.io eCommerce 15 Market Overview 16 Revenue Generation 20 Token Economics 21 Packages offered by SPI 22 Token Holder Benefits 23 Roadmap 24 Meet our Leadership Team 25 Disclaimer and Risks 26 Restrictions on distribution and dissemination 28 Risks and uncertainties 28 003

Company Profile 2020 Abstract Crypto & Shopping SHOPPING.IO A Blockchain-based platform from AZ Cryptocurrency and digital assets have major eCommerce marketplaces while EXPRESS RETAIL LLC, strives to change this entirely by recorded unprecedented growth over their holders can enjoy free shipping and offering a unified marketplace that combines all major the course of the last few years. Evolving up to 10% discounts, without even ha- e-commerce industry players under one website and en- from a simple internet based currency ving to create individual accounts on the ables digital assets to be used as payment method. with no inherent value, the cryptocurren- respective eCommerce websites. cy market has grown into a complete in- dustry with new projects emerging each This Whitepaper gives a detailed de- day and having a combined valuation of scription of our research and planning. over 550 Billion Dollars as of December It also aims to demonstrate the current 2020. However, despite its phenomenal status and future plans of the Shop- growth, real-life use of cryptocurrencies ping.io platform, its associated pro- is minimal, as they are mainly used for ducts and solutions and SPI token—the trading and speculating only. native token of the Shopping.io eCom- merce platform deployed on the Ethere- Shopping.io, a Blockchain-based plat- um Blockchain network. The document form from AZ EXPRESS RETAIL LLC, strives to inform our readers how we are strives to change this entirely by offe- using our teams’ expertise to provide ring a unified marketplace that com- a unified and cryptocurrency enabled bines all major e-commerce industry eCommerce marketplace at lower costs, players under one website and enables minimal fee with higher speed, efficien- digital assets to be used as payment cy, and higher returns. method. With the technology infrastruc- ture offered by Shopping.io, digital asset (currently top100 as per coinmarketcap) would now be able to be used across 004

Company Profile 2020 Introduction Background Cryptocurrency & Conversion 01 In the recent few years, the cryptocurrency consumers. Whether it’s because of the industry has recorded significant growth— volatility of cryptocurrencies or just the fact peaking at USD 800 Billion in December 2017 that the technology is still new, major plat- while fluctuating around USD 550 Billion cur- forms like Amazon, eBay, and Walmart do rently, as of December 2020. It was expected not accept cryptocurrency for payments. to bring a whole new dimension in creating Consequently, consumers are looking value, and given the potential, this market for more comfortable, more secure, and sector has got, cryptocurrencies were hoped cost-effective ways to shop online, as pay- to disrupt the traditional method of shopping ment through traditional payment proces- and payment processing. However, when it sors—both fiat and crypto— is still expensi- comes to real life usage, consumers regularly ve and insecure. face the same problem: a place where they can use such cryptocurrencies or how can This changes entirely with Shopping.io, a they easily convert the cryptocurrencies they Blockchain-based platform that strives to hold into fiat currency? revolutionize modern-age online shopping by unifying all major eCommerce players Accepting, verifying, and processing cryp- and enabling digital assets as a payment tocurrency payments is still rocket science method. In the section below, we introduce for many website owners, merchants, and the Shopping.io platform in detail. 005

Company Profile 2020 Introduction State of the art platform Shopping.io is a state of the art platform that unifies all major eCommerce platforms, allowing consumers to enjoy online shopping seamlessly, securely, and cost-effectively. It serves as the bridge between the cryptocur- cryptocurrencies through future-oriented pro- rency world and the physical world to satisfy ducts and services. consumers who previously couldn’t shop whi- le using their digital assets. With the techno- Shopping.io will not have a dedicated payment logy infrastructure offered by Shopping.io, coin. The native token; SPI will only be used as digital asset users (currently top100 as per a utility token, use case currently granting dis- coinmarketcap) would now be able to shop counts and other advantages. Payments will across their favorite major eCommerce mar- be accepted via other coins that would serve ketplaces and enjoy free shipping and up to as multiple payment gateways, enabling effi- 10% discounts, without even having to create cient payment processing, remittance engine, individual accounts on the respective social media tipping integration, smart cont- eCommerce websites. ract-based escrow manager, and enabling the transfer of value through mobile app and the Shopping.io provides an efficient, Block- desktop wallet directly to the desired user. It chain-based payment processer without com- will strive to fully harness the Blockchain tech- promising security. The Shopping.io Platform nology to allow seamless buying and selling will serve as the next generation eCommerce of products through various cryptocurrencies, marketplace and payment processor. As a without having the involvement of a third par- commodity that is not bound to any geogra- ty. It will address the issue of conversion and phic restrictions or national borders, the SPI liquidity by enabling consumers to spend their Coin strives to connect the real world with tokens directly through the platform. 006

Company Profile 2020 About us Online environment Shopping.io is a registered business entity under the name of AZ Express Retail LLC 4281 Express ln Sarasota, FL 34249. The leadership team consists of industry experts from the eCom- merce sector, banking sector, experienced programmers and de- velopers, designers, marketing specialists, and accounting experts. With Shopping.io, the leadership team aims to resolve problems fa- ced by consumers through the provision of a decentralized eCom- merce based marketplace powered by Blockchain technology. The management at Shopping.io believes that the underlying factor that will continue to define Blockchain products is the ability to give people and businesses more power and control over their finances. This is the driving force behind Shopping.io, i.e., providing a platform to the people where they can freely utilize their crypto assets in a fully secure, seamless, and affordable online environment and also providing them with oppor- tunities in the form of discounts to earn lucrative earning in a seamless, risk-free environment. To execute our mission, we intend to solve some of the fundamental problems that a daily user has to face while execu- ting a payment or doing an eCommerce transaction using digital assets. 007

Company Profile 2020 Our Vision eCommerce Marketplace We envision to streamline the process of online shopping by enab- ling consumers to shop across a unified eCommerce Marketplace, whereby they will get quality products in a transparent, seamless manner at cost-effective rates while using digital assets of their choice, without having to compromise on quality, security, and authenticity. 008

Company Profile 2020 Our Mission Blockchain Platform Our mission is to become the leading eCommerce marketplace of choice for sellers and buyers for digital asset users. We strive to develop a platform that harnesses the power of technolo- gy offered by Blockchain, Smart Contracts, and Cryptography. Our mission is to enable digital asset holders to have a place where- by they can utilize their crypto assets seamlessly and cost-effectively. 009

Company Profile 2020 Problems & Our Solution Blockchain platform Data ownership On any given eCommerce platform, a consumer is required to cre- ate an account and provide his credentials such as name, address and credit card/banking information. However, ownership of ever- ything on the page belongs to the eCommerce platform. Moreover, sales information and user behavior patterns stored on eCom- merce platforms can also be used for unequal competition with selling similar products. With Shopping.io, a user is not required to create an account on any eCommerce platform he is shopping on. Just by logging into their SPI Account, they can search for any item on their favorite eCommerce marketplace and paste the link on SPI Portal which will automatically place the order for consumer once the respective amount in cryptocurrency has been deposited. It is important to note that the transactions are performed on an immutable and se- cured by trustless smart contracts which ensure they are released only once the delivery is made. Over pricing Prices on Amazon and other eCommerce platforms may appear low. But this is only because the other point of reference we can compare to is brick and mortar stores, which have huge costs to keep the store open, and thus need to charge a bit more for the products they sell. But as mentioned above, the eCommerce world has a ton of hidden fees on the retailer-side that end up getting passed to the consumer. No store, online or physical, is going to sell a product without making a profit. Shopping.io believes in a business model that is more custo- mer-oriented rather than focused on gaining corporation gains. The platform has a philosophy of making lives of people easier by allo- wing them to shop at better rates while also offering them 5-10% discount when holding 1000-2000 SPI Tokens. 0010

Company Profile 2020 02 Dispute Resolution The process of dispute resolution in traditional eCom- Our implementation of a combination of private hyper-led- merce platforms, in case of bad consumer experience with ger chain combined with public Ethereum Blockchain-based a merchant, is hectic, time-consuming and often biased. A decentralized business model will essentially allow differing consumer has to wait for days for the customer support to re- degrees of access to a given asset. All payments are secu- spond, wherein majority cases the customer plea for product red through smart contracts while the platform and its review replacement or order cancellation is even rejected. model and user data are secured through Blockchain. All user data is encrypted and stored on a decentralized Blockchain Instead of relying on traditional escrow and hiring a particular network. Moreover, we use security protocols SSL and comply representative for dispute resolutions, Shopping.io would use with the standards of Payment Card Industry Data Security dedicated Smart Contracts which will record mutual agreed Standard (PCI DSS), among other measures. set of rules before the placement of an order. Once the order has been delivered, the Smart Contracts based on AI will as- sess whether mutually agreed a set of rules are followed or not. Upon successful execution of an order, funds would be released to the respective retailer. Insecurity for the consumer Delayed Shipments Investment in cybersecurity is growing year on year, due to We know that logistics and timely delivery of products hold the increasing number of threats to governments, companies, paramount importance in the successful execution of mo- and businesses internationally. Far from being oblivious to this dern age eCommerce and customer satisfaction. Shopping.io problem, eCommerce is forced to exercise extreme caution. uses Blockchain to create an incorruptible visualization of the The processing of purchases requires the sending of sensitive supply chain process. The Shopping.io will use a Blockchain consumer information, which must be protected. Online custo- network to provide a transparent supply chain where consu- mers are increasingly aware of the importance of security, mers can see the order flow of the products they buy, helping and therefore demand guarantees. Unfortunately, a part of the increase consumer confidence, this way not only enhancing eCommerce fails in this sense. Sometimes they even violate the logistics and supply chain process but also making the users’ rights. delivery time shorter. 0011

Company Profile 2020 Standout Features Direct & Borderless 03 Accepting over 100 digital assets With Shopping.io, consumers purchase a product of their liking from any major eCommerce platform while using 100 different cryptocurrencies. can Big Discounts With Shopping.io, consumers would be entitled to get up to 10% discount while holding or staking atleast 2000 SPI Tokens. Smart Comparison Free Shipping Shopping.io features a smart AI powe- for Starter/Pro package users red search and comparison tool which All items have fast & free shipping on will enable the consumer to find the best Amazon, eBay, and Walmart. Buy from deal across all major eCommerce plat- Shopping.io, and get your item shipped forms. free with no extra hassle in a one-step shopping experience. Direct Shopping Shopping.io enables consumers to shop without having an Amazon, Walmart or eBay account. Simply open a Shopping. io account and you can automatically order from all these online stores. 0012

Company Profile 2020 100 Cryptocurrencies Trustless Order Execution With Shopping.io, consumers would be entitled to get up to 10% discounts when they hold/stake 2000 SPI Tokens. Borderless Trustless Order Execution The Shopping.io Platform serves as a By implementing smart contracts based global eCommerce marketplace. It is technology, mutually set agreements or decentralized and not limited to any orders across the marketplace would be geographic limitations or restrictions. Its recorded on a decentralized Blockchain native token i.e. SPI Token is not bound (an immutable ledger) that can never be al- to any borders as it acts as a universal tered or corrupted. This way, the role of the utility token across the Shopping.io middle man is eliminated and a big share Platform. that was previously taken by intermediari- es is retained to the users. Decentralization Incentivized Reviews Shopping.io is a completely decentrali- All consumers who complete a certain or- zed eCommerce platform where control der on our platform are eligible for a free lies with users, as the infrastructure has review and rating the product they have been deployed on the Blockchain th- received. To encourage the review pro- rough tokenization and decentralization cess, we are incentivizing the rating pro- of the business model. Furthermore, this cedure by rewarding the reviewers with a would ensure that all data across the certain number of tokens once. It is here platform remains immutable, as it is ne- to be noted that no fake reviews are allo- arly impossible to hack, alter or corrupt wed and a retailer asking for fake reviews data on the Blockchain. or fake orders only to uplift their rankings would be screened and penalized. 0013

Company Profile 2020 SPI Token Features Cryptographically secured SPI Token is a cryptographically secured, Ethereum Blockchain deployed token that works as the native currency of the Shopping.io financial ecosystem. Some of the salient features of this token include : Secure The Shopping.io Platform uses Block- chain based transactions which are immutable. In the event that a block is altered, the block would be rejected by most of the nodes and the information Mobile Trust and transparency would not persist in the ledger. This is With fiat currencies, it is difficult to carry Shopping.io eCommerce marketplace because the block is hashed using the around large amounts of money. Cash being deployed on a public blockchain hash of the previous block which would amounting to millions is risky to carry brings transparency in transactions, link the blocks together and creating a for several reasons and even not allowed which fosters trust. Every transaction is chain. If a block is altered the data would while traveling abroad. With SPI Token, recorded in a shared ledger and cannot also affect the hash for the subsequent you can easily carry around a million be modified by anyone. It offers high-se- block which in turn causes the nodes in dollars’ worth of Coins directly in your curity, radical visibility, and faster pro- the network to reject it. This ensures that mobile phone. cessing speed, along with traceability the information has not been tampered through the decentralized system. with which would ensure eCommerce Fast ecosystems for customers, suppliers, Shopping.io eCommerce marketplace sellers, and shipping companies to utilizes blockchain technology for the fi- Cost-effectiveness highly protected. nancial transactions which enables near eCommerce sellers can rely on SPI To- to zero cost financial transactions, high ken to avail cost-effective digital pay- Private security standards, User friendly wallets, ment solutions. Since there are no pay- The Shopping.io Platform ensures that and an overall amazing customer expe- ment processes or third parties involved all user data is kept as private and en- rience. Transactions are quick and easy, in a crypto-transaction, SPI cannot be crypted, something that only the user sending or spending. used to buy from the website. can access. 0014

Company Profile 2020 Getting started with Shopping.io eCommerce Sign Up Go to Cart and Pay Using Cryptocurrency First you have to create a personalized account. Once you have finalized your order, go to Cart and click You can either choose either a seller account on Check out. During the Check-out click on the or a buyer account category. Cryptocurrency of your choosing and Confirm. Set Up your Wallet Give Address and Receive Using Shopping.io Marketplace, you are offered a variety of Provide the address and select the courier service. You wallets integrated inside the Shopping.io multi wallet. Choose will receive the item as per the duration mentioned on the cryptocurrency of your choice and make sure it has the the website. balance you are aiming to shop for. Search the Item you want to shop Smart Contracts Execute the order If you are a buyer, you can choose from a huge variety of pro- Once the order has been finalized, the Smart Contracts ducts available on your favorite eCommerce site e.g. Amazon, will automatically release the earned amount to the eBay etc. Add a specific item you want into the explorer option Vendor, seller. available at Shopping.io to buy into the cart and continue on if you want to shop further. 0015

Company Profile 2020 Market Overview B2C For private consumers around the globe the most well-known form of eCommerce falls into the business to consumer (B2C) category, which includes online retail or on- line shopping. It refers to online purchases from bricks-and-mortar retailers, such as Walmart, as well as from web-only online retailing corporations such as Amazon. com or Rakuten. In 2018, an estimated 1.8 billion people worldwide purchase goods online10. During the same year, global e-retail sales amounted to 2.8 trillion U.S. dollars11 and projections show a growth of up to 4.8 trillion U.S. dollars by 2021. 6000 4878 5000 4135 Sales in billions 4000 3453 3000 2842 2304 1845 2000 1548 1336 1000 0 2014 2015 2016 2017 2018 2019 2020 2021 Source:www.statistica.com 0016

Company Profile 2020 This statistic gives information on retail 2017 survey, 11% of online shoppers stated eCommerce sales worldwide from 2014 to that they shopped online via smartphone on 2021. In 2017, retail eCommerce sales wor- a weekly basis. ldwide amounted to 2.3 trillion US dollars The average online shopping and purchase and e-retail revenues are projected to grow intention rates among online shoppers also to 4.88 trillion US dollars in 2021. Online vary strongly by product category - clothing, shopping is one of the most popular online shoes and consumer electronics were the activities worldwide but the usage varies by most popular online shopping categories region - in 2016, an estimated 19% of all re- worldwide. Average shopper spending per tail sales in China occurred via internet but visit was - unsurprisingly - highest in the lu- in Japan the share was only 6.7%. xury apparel vertical. Desktop PCs are still the most popular de- vice for placing online shopping orders but Amazon.com is one of the most popular and mobile devices, especially smartphones, well-known example of an online shopping are catching up. platform. Founded in 1995, the Seattle-ba- sed site started out as an online bookstore, In recent years, mobile shopping has been but soon began expanding its product ran- on the rise, with customers increasingly ge towards other retail goods and consu- using their mobile devices for various on- mer electronics. The online company con- line shopping activities. As of the fourth sistently ranks among the top ten leading quarter of 2018, desktop PCs accounted for retailers worldwide - online and offline. On- approximately the same amount of global line retailers are the most popular starting e-retail orders as smartphones. However, point for first-time14 purchasers but online smartphones were the number one device marketplaces are more attractive for repeat in terms of retail website visits. During a buyers. 0017

Company Profile 2020 Market Overview B2C This timeline displays a forecast of the number of digital buyers worldwide from 2014. to 2021. In 2021, over 2.14 billion people worldwide are expected to buy goods and services online, up from 1.66 billion global digital buyers in 2016. 2.5 2.14 2.05 1.92 2 1.79 1.66 1.52 Digital buyers in billion 1.46 1.5 1.32 1 0.5 0 2014 2015 2016 2017 2018 2019 2020 2021 Number of digital buyers worldwide from 2014 to 2021 (in billions) 0018

Company Profile 2020 Digital buyers worldwide Purchasing goods expected to remain popular in the future, as and services online has become a common the country is one of the leading online re- practice among many people around the tail markets ranked by online shopper reach world. Some choose to make online purcha- with growth projections for the next years. ses for convenience, others because of the About 80% of internet users in the U.S. are competitive price offered by some eCom- expected to make at least one purchase on- merce platforms. Digital buyers can also be line during the calendar year in 2019, a signi- influenced by a range of digital resources ficant increase from 2013, when this share when shopping, such as brand emails and stood at 73%. product reviews. Reasons to purchase asi- de, the number of digital buyers is on the As per the above discussion, the potenti- rise. PayPal is the preferred payment me- al for growth of the eCommerce sector is thod amongst online shoppers worldwide, unprecedented. Popular eCommerce plat- as more than 40% of online shoppers af- forms like Amazon, eBay, and Alibaba have firmed using this method. The traditional changed the way we live and shop. The con- credit card ranks second with a 31% usage venience, option to order and get things at rate, followed by debit cards. The range of home, and a huge variety of available pro- devices with internet connections available ducts are only a few of the major benefits to online shoppers allows products to be that eCommerce platforms offer consu- purchased almost anywhere from any de- mers. And with the addition of cryptocurren- vice. During the last quarter of 2016, online cy being accepted as a payment method, orders which were placed from a tablet had Shopping.io has a market segment of over 1 an average value of 106.98 U.S. dollars, whi- Trillion Dollar eCommerce and digital asset le orders from PC devices averaged 143.35 market to target. U.S. dollars. In the U.S., online shopping is 0019

Company Profile 2020 Revenue Generation Ongoing sale The Shopping.io eCommerce Marketplace would serve as a self-sustainable business with revenue several instreams, some of which are listed below A A certain percentage of the total order amount from any transactional activity from seller and buyer B Advertisements across the SPI Platform C Voucher Codes, Shopping Plans and Coupons 0020

Company Profile 2020 Token Economics Blockchain Driven Analysis All funds contributed will be used for the development and growth of our platforms i.e. technical infrastructure of the Shopping.io platform, its Blockchain systems, applications and tools as well as for the SPI Token. SPI will be a 1,000,000 finite supply token on the Ethereum Blockchain The entire 0.3% Uniswap trading fee shall be given to SPI stakers weekly 100% of the 1,000,000 tokens shall be released on Uniswap during launch Any holder of at least 1000 $SPI shall be eligible to participate in monthly Giveaways /physical prizes (Prizes TBD) 0021

Company Profile 2020 Packages Offered By SPI Enjoy FREE STARTER PRO No minimum SPI 1000 minimum SPI 2000 minimum SPI No Discount 5% discount on 10% discount on Amazon, eBay, and Amazon, eBay, and Walmart items Walmart items Free shipping to USA Free shipping to USA Free shipping to USA Access to VIP Access to VIP Telegram group Telegram group International shipping International shipping 0022

Company Profile 2020 Token Holder Benefits SPI Token 1. SPI Token will offer up to 10% discount for all items from Amazon, eBay and Walmart 2. SPI Token holders will get free shipping, excluding international 3. Learn how to make money with eBay dropshipping 4. SPI Token holders will be given access to VIP Telegram group with daily airdrops 5. SPI Token holders will be included in a monthly Giveaway in the form of iPads, laptops or PS5 etc. 6. SPI Token holders will enjoy Discount Club with specific items up to 90% discount 0023

Company Profile 2020 Roadmap Non-conventional The Shopping.io product roadmap helps us share what we’re working on next and the direction that we’re taking our business in. It helps us open up a practical dialogue with our customers and leads about what they want and need without giving away any top secret details. Below given is a summary of what we have achieved so far and how we aim to make the Shopping.io Platform as the leading online eCommerce marketplace platform on the global sphere. 2021 January SPI Tokens total supply released to UNISWAP SPI.Club staking platform site launch Listed on coingecko and coinmarketcap February Platform development Market research March Listing on Exchanges NFT Adding 100 more coins to the checkout April Ali-Express Mobile-app 0024

Company Profile 2020 Leading Team Executive Team and Leaders Arbel Arif Einav Levcovich Dan Andrei CEO CFO Blockchain Fullstack Ionut Popescu Iveta Ermakora Lokesh Developer Life Designer Community Manager 0025

Company Profile 2020 Disclaimer & Risks Framework Overview PLEASE READ THIS DISCLAIMER SECTION CAREFULLY. IF YOU ARE IN ANY DOUBT OF THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISOR(S). This document is a Whitepaper setting out the current and fu- paper and will notify a reader or recipient through its social ture developments of the Shopping.io Marketplace and the SPI channels and communities thereof in the event that any matter Token. This paper is for information purposes only and is not stated herein, or any opinion, projection, forecast or estimate a statement of future intent. Unless expressly specified other- set forth herein, changes or subsequently becomes inaccurate. wise, the products and innovations set out in this paper are cur- The regulatory status of tokens and distributed ledger techno- rently under development and are not currently in deployment. logy is unclear or unsettled in many jurisdictions. It is difficult to The SPI Team and its management makes no warranties or re- predict how or whether regulatory agencies may apply existing presentations as to the successful development or implemen- regulation with respect to such technology and its applications, tation of such technologies and innovations, or achievement including the Shopping.io Marketplace and SPI Tokens. It is li- of any other activities noted in the paper, and disclaims any kewise difficult to predict how or whether legislatures or regula- warranties implied by law or otherwise, to the extent permitted tory agencies may implement changes to laws and regulations by law. No person is entitled to rely on the contents of this pa- affecting distributed ledger technology and its applications, per or any inferences drawn from it, including in relation to any including the Shopping.io Marketplace and SPI Tokens. Regula- interactions with Shopping.io Marketplace or the technologies tory actions could negatively affect the Shopping.io Marketpla- mentioned in this paper. Shopping.io Marketplace disclaims all ce in various ways, including, for purposes of illustration only, liability for any loss or damage of whatsoever kind (whether fo- through a determination that the purchase, sale, and delivery of reseeable or not) which may arise from any person acting on SPI Tokens constitutes unlawful activity or that SPI Tokens are any information and opinions relating to the Shopping.io Mar- a regulated instrument that requires registration or the licen- ketplace, the SPI Token contained in this paper or any informa- sing of some or all of the parties involved in the purchase, sale, tion which is made available in connection with any further en- and delivery thereof. The Shopping.io Marketplace may cease quiries, notwithstanding any negligence, default or lack of care. operations in a jurisdiction in the event that regulatory actions, or changes to laws or regulations, make it illegal to operate The information contained in this publication is derived from in such jurisdiction or commercially undesirable to obtain the data obtained from sources believed by Shopping.io Marketpla- necessary regulatory approval(s) to operate in such jurisdiction. ce to be reliable and is given in good faith, but no warranties or guarantees, representations are made by Shopping.io Market- Given that SPI Tokens are based on the Ethereum protocol, any place with regard to the accuracy, completeness or suitability malfunction, breakdown, or abandonment of the Ethereum pro- of the information presented. It should not be relied upon, and tocol may have a material adverse effect on SPI Tokens. Mo- shall not confer rights or remedies upon, you or any of your em- reover, advances in cryptography or technical advances, such ployees, creditors, holders of securities or other equity holders as the development of quantum computing, could present risks or any other person. Any opinions expressed reflect the current to SPI Tokens and the Shopping.io Marketplace, including the judgment of the authors of this paper and do not necessarily utility of SPI Token by rendering ineffective the cryptographic represent the opinion of Shopping.io Marketplace. The opinions consensus mechanism that underpins the Ethereum proto- reflected herein may change without notice and the opinions col. As with other decentralized cryptographic tokens based do not necessarily correspond to the opinions of Shopping.io on the Ethereum protocol, SPI Tokens are susceptible to atta- Marketplace. cks by miners in the course of validating SPI Token transac- tions on the Ethereum Blockchain, including, but not limited Shopping.io Marketplace may amend, modify or update this to, double-spend attacks, majority mining power attacks, and 0026

Company Profile 2020 selfish-mining attacks. Any successful attacks present a risk of any jurisdiction. The publication, distribution or dissemination of to the Shopping.io Marketplace and SPI Tokens, including but this Whitepaper does not imply that the applicable laws, regulato- not limited to, accurate execution and recording of transactions ry requirements or rules have been complied with. There are risks involving SPI Tokens. and uncertainties associated with Shopping.io Marketplace and/ or the Distributor and their respective businesses and operations, Shopping.io Marketplace, its founders, directors, employees, the Shopping.io Marketplace, the SPI Token Initial Token Sale and contractors and representatives do not have any responsibility the Shopping.io Marketplace Wallet (each as referred to in this or liability to any person or recipient (whether by reason of neg- Whitepaper). ligence, negligent misstatement or otherwise) arising from any statement, opinion or information, expressed or implied, arising This Whitepaper, any part thereof and any copy thereof must not out of, contained in or derived from or omission from this paper. be taken or transmitted to any country where distribution or disse- Neither Shopping.io Marketplace nor its advisors has indepen- mination of this Whitepaper is prohibited or restricted. No part of dently verified any of the information, including the forecasts, this Whitepaper is to be reproduced, distributed or disseminated prospects and projections contained in this paper. without including this section and the following sections entitled “Disclaimer of Liability”, “No Representations and Warranties”, This Whitepaper does not constitute a prospectus or offer do- “Representations and Warranties By You”, “Cautionary Note On cument of any sort and is not intended to constitute an offer Forward-Looking Statements”, “Market and Industry Information of securities or a solicitation for investment in securities in any and No Consent of Other Persons”, “Terms Used”, “No Advice”, “No jurisdiction. This Whitepaper does not constitute or form part Further Information or Update”, “Restrictions On Distribution and of any opinion on any advice to sell, or any solicitation of any Dissemination”, “No Offer of Securities Or Registration” and “Risks offer by the distributor/vendor of the Shopping.io (the “Distri- and Uncertainties”. butor”) to purchase any SPI Tokens nor shall it or any part of it nor the fact of its presentation form the basis of, or be relied To the maximum extent permitted by the applicable laws, regu- upon in connection with, any contract or investment decision. lations and rules, Shopping.io Marketplace and/or the Distributor The Distributor will be an affiliate of Shopping.io Marketplace shall not be liable for any indirect, special, incidental, consequential (“Shopping.io Marketplace”), and will deploy all proceeds of sale or other losses of any kind, in tort, contract or otherwise (including of the Shopping.io Marketplace to fund Shopping.io Marketpla- but not limited to loss of revenue, income or profits, and loss of use ce project, businesses and operations. No person is bound to or data), arising out of or in connection with any acceptance of or enter into any contract or binding legal commitment in relation reliance on this Whitepaper or any part thereof by you. to the sale and purchase of the SHOPPING.IO MARKETPLA- CE and no cryptocurrency or other form of Payment is to be Shopping.io Marketplace and/or the Distributor does not make or accepted on the basis of this Whitepaper. Any agreement as purport to make, and hereby disclaims, any representation, warran- between the Distributor and you as a purchaser, and in relation ty or undertaking in any form whatsoever to any entity or person, to any sale and purchase, of Shopping.io Marketplace (as refer- including any representation, warranty or undertaking in relation to red to in this Whitepaper) is to be governed by only a separate the truth, accuracy and completeness of any of the information set document setting out the terms and conditions (the “T&Cs”) of out in this Whitepaper. such agreement. In the event of any inconsistencies between the T&Cs and this Whitepaper, the former shall prevail. You are No information in this Whitepaper should be considered to be bu- not eligible and you are not to purchase any Shopping.io Mar- siness, legal, financial or tax advice regarding Shopping.io Market- ketplace in the SPI Token Initial Token Sale (as referred to in this place, the Distributor, the Shopping.io Marketplace, the Shopping. Whitepaper) if you are a citizen, resident (tax or otherwise) or io Marketplace Initial Token Sale. You should consult your own le- green card holder of the United States of America or a citizen or gal, financial, tax or other professional adviser regarding Shopping. resident of the Peoples Republic of China, Iran and North Korea. io Marketplace and/or the Distributor and their respective busines- ses and operations, the SPI Tokens, the Shopping.io Marketplace No regulatory authority has examined or approved of any of the Exchange Offering Sale. You should be aware that you may be re- information set out in this Whitepaper. No such action has been quired to bear the financial risk of any purchase of SPI Tokens for or will be taken under the laws, regulatory requirements or rules an indefinite period of time. 0027

Company Profile 2020 Disclaimer & Risks Framework Overview PLEASE READ THIS DISCLAIMER SECTION CAREFULLY. IF YOU ARE IN ANY DOUBT OF THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISOR(S). Restrictions On Distribution & Dissemination Risks & Uncertainties The distribution or dissemination of this Whitepaper or any part Prospective purchasers of SHOPPING.IO MARKETPLACE thereof may be prohibited or restricted by the laws, regulatory (as referred to in this Whitepaper) should carefully consider and requirements and rules of any jurisdiction. In the case where evaluate all risks and uncertainties associated with Shopping. any restriction applies, you are to inform yourself about, and to io Marketplace, the Distributor and their respective businesses observe, any restrictions which are applicable to your posses- and operations, the Shopping.io Marketplace, the Shopping.io sion of this Whitepaper or such part thereof (as the case may Marketplace Initial Token Sale, all information set out in this be) at your own expense and without liability to Shopping.io Whitepaper and the T&Cs prior to any purchase of Shopping. Marketplace and/or the Distributor. Persons to whom a copy of io Marketplace. this Whitepaper has been distributed or disseminated, provided access to or who otherwise have the Whitepaper in their pos- If any of such risks and uncertainties develops into actual session shall not circulate it to any other persons, reproduce or events, the business, financial condition, results of operations otherwise distribute this Whitepaper or any information cont- and prospects of SPI Tokens and/or the Distributor could be ained herein for any purpose whatsoever nor permit or cause materially and adversely affected. In such cases, you may lose the same to occur. all or part of the value of the SPI Tokens. 0028

Company Profile 2020 0029

Shopping.io Whitepaper V1 .0 AZ EXPRESS RETAIL LLC 4281 EXPRESS LN SARASOTA FL 34249 Always restless in creativity www.shopping.io