CHIMPION

Chimpion was developed with the central objective of making it useful in the real world.

International E-Commerce in Emerging Economies Cryptocurrency use has surged in emerging markets like Venezuela and Nigeria, where fiat currency can be volatile and many people do not have access to traditional bank accounts. Due to high transaction fees, lack of security, and complicated processes, it can be difficult for merchants in these nations to sell online, which limits their revenue opportunities. With Chimpion, merchants anywhere in the world can set up an crypto e-commerce store with ease and start selling with very little initial investment required. CHIMP is a fast, accessible, secure coin that will make transactions more efficient.

Sometimes merchants are apprehensive when there is something strange about a purchaser. For example, if an order is placed under the name “Donald Trump”, the merchant may be concerned that the payment will bounce as a chargeback after the item is shipped. It can be particularly difficult for this Donald Trump to convince merchants he is a legitimate person who shares a name with a well-known celebrity. With Chimpion, cryptocurrency payments are processed immediately, allowing the merchant to mail the product to Mr. Presley without worrying about a chargeback.

There is no doubt that selling online will boost retailers’ revenues, yet many brick-and-mortar stores are still not selling online. In many cases, this is because the process is complicated and expensive and a different marketing strategy is required to drive traffic to an online store. Selling with Chimpion makes it easy for traditional retailers to sell their products online. After staking their desired amount of CHIMP, merchants can start selling immediately to customers around the world. With Chimpion’s Paytomat integration, merchants can also accept cryptocurrency payments in-store, often with their existing hardware.

Some wholesale vendors prefer to sell with crypto, saving significant costs by avoiding expensive transaction fees, making international transactions simpler, and expediting order processing time. Chimpion vendors can choose whether to receive payment in CHIMP or have it automatically converted to the stablecoin of their choice.

Chimpion (CHIMP) powers our merchant storefronts and e-commerce ecosystem. It is the bounty incentive to onboard merchants in an effort to drive adoption. CHIMP will also be the base currency denomination in the Chimpion Store, which will feature our exclusive apparel product line along with gift cards from major retailers and merchants from the Chimpion directory. Banana Token (BNANA) is the reward layer of the Chimpion ecosystem. BNANA is earned through purchases from Chimpion merchants using CHIMP or any other cryptocurrency. BNANA functions like points on a loyalty card, which can be redeemed for promotional offers, discounts, and exclusive products.

Coin Distribution. Banana Token will be distributed through a community-driven project, where coins will be earned through bounties that advance the project.

Total Supply: 100,000,000,000 BNANA

At the core of Chimpion is its e-commerce platform, developed under an exclusive license from enterprise e-commerce company Shopping Cart Elite. The platform is customized for the nuances of selling with cryptocurrency and makes it simple for any merchant to use, even if they deal exclusively in fiat currency.

The Chimpion project is a good and strong team, in a predictable and transparent road map, planned and projected. I trust in this project, and is sure that it will prove to be very powerfully in the nearest future.

Bounty0x username — predators

https://www.chimpion.io/

Whitepaper

“This article was created in exchange for a potential token reward through Bounty0x.”