INTRODUCTION
The e-commerce industry is presently experiencing massive fast-pace growth with crypto currency development. It is foreseen to reach by 2021, $4.5 trillion as most commercial and financial institutions prefer using cryptocurrency as their transaction mode, and many others will switch to blocking as indicated by its adoption rate, and will subsequently, in the nearest future increase the pace of use by numerous other industries.
E-commerce companies such as CHIMPION have taken advantage of Blockchain technology to make extraordinary progress through decentralised system and smart contract.
AIM OF CHIMPION PROJECT
The platform "CHIMPION" is basically focused on providing an end-to-end solution for e-commerce companies and build the decentralised payment ecosystem for an increased Blockchain adoption for regulating people globally. It hopes to provide the e-commerce market comprehensive solution and ensuring a more reliable and transparent single reward system and online crypto payment. The platform hopes to make its token a part of everyone's daily online and in-store shopping. It is dedicated to proffering solution to cryptocurrency and ex commerce fundamental challenges.
E-COMMERCE CHALLENGES
The e-commerce industry is bedevilled with numerous problems impeding its rapid development and the progress of CHIMPION.
There is presently the absence of a transparent international exchange in which investors can convert tokens into final money and lack of practical use for cryptocurrency in daily transactions. Another huge impediment is the presence of either less regulation of overregulation globally, which damages reputable projects and promotes fraud. There is also a reduction in the value of tokens to transaction.
CHIMPION SOLUTION
Chimpion is blockchain's decentralised platform with a connected ecosystem with numerous unique products sics as the "touch and pay" card which eases transaction process open platform, chimpion Mobile Wallet, the e-commerce marketplace, etc. The chimpion pay option remains the access to the platform's ecosystem, and working as a widget which allows the chimpion token payment, the application lets participants connect with the platform', thus, receive tokens into the wallet.
The chimpion cards grants participants opportunity to make purchases and micro payments at malls, shops, using chimp token. Once the user has charged his/her wallet with tokens, the chimp card will be linked to the mobile wallet.
The smart contract option offers consumers and merchants the privilege to exchange tokens, and allows cash backs, an uncommon facility in Blockchain, courtesy of Ethereum and other alticions. Chimpion platform operates a transparent ecosystem, allowing peer-to-peer operation. As a result, consumers will be able to manage their business and purchase products online with guaranteed safety.
HOLDERS BENEFITS OF CHIMP TOKEN
It is very important to have CHIMP token as a participant and member of the e-commerce platform because having this token will give you high privilege to access the e-commerce activities of the platform and you wouldn't have to subscribe for such access which is amazing!!!.
Another good aspect of this platform is that, it makes use of many features that is present in other ecommerce platform in its own and the way their payment is done to ensure that products traders are satisfied and payment is made easier and there's guarantee of smooth trading.
Champion project is built for users to have quick access to payments like other platforms and it avoids unnecessary activities that can limit or bring down the payment processes like the KYC users has to do in other platforms. Thus, product traders are presented with several options of funds settlement which can be through the use of a chosen stable coin or other tokens.
CHIMPION TOKEN DETAILS
Dual-token Powered System
Champion platform adopted dual-token system with each of them having its own amazing usage in the system. The first token name is Chimpion (CHIMP) the sole aim of this is to power merchant storefronts and e-commerce ecosystem. This token will also stand as the native currency in the Chimpion store which will includes their exclusive apparel product line with gift cards from major retailers and merchants from the directory of Chimpion. This is incredible?
Champion platform second token is the Banana token (Bnana) which is the reward layer of Chimpion ecosystem. Buyers have assurance of buying and earning Bnana by buying merchants in Chimpion platform using the CHIMP token. Bnana stands as the loyalty rewards token for the platform. Bnana token is trading already on Mercatox exchange and you can get to buy it.
CONCLUSION
Chimpion is a model platform with huge future prospects. With excellent vision to build a transparent unified system with global adoption, it is unrivalled. Investing in the company is a massive step in the right direction as the platform is ready for the future of the e-commerce industry and to bring solution to e-commerce challenges with its amazing futures and with mind blowing team to achieve this changes. The best everyone have to do is to key in to this project and smile later.
TEAM
CHIMPION ROADMAP
To have more insight about this great platform, kindly do check the links below
Website: https://www.chimpion.io/
Whitepaper: https://www.chimpion.io/whitepaper/
Telegram: https://t.me/chimpionio/
Facebook: https://www.facebook.com/Chimpionio/
Twitter: https://twitter.com/chimpionio
Writers bountyox username: Chikky08