CHIMPION

OVERVIEW

Blockchain is the foundational technology behind Digital assets(cryptocurrency) . It is also a potentially groundbreaking innovation in how data is created, shared, and edited. Through an immutable ledger and consensus algorithms that ensure the integrity of the blockchain, it is possible to create a “trustless” type of information; a type that is truly decentralized and transparent. Blockchain was originally developed as the main technological innovation of Bitcoin, a digital currency which is used by millions of people to carry out business transactions. We’ve all known blockchain as a digital ledger in which cryptocurrency transactions are recorded chronologically and publicly

E-commerce has to do with buying and selling products on online platforms. The rapid growth of social media has been a huge determinant in the growth of e-commerce. thus affecting the growth of global retail e-commerce sales which are expected to reach $4.5 trillion in subsequent years to come. Most companies today are adopting blockchain technology to enhance the operational activities of their industry. Cryptocuurency is gradually taking over Fiat currencies, notwithstanding creating room for easier and better ways to carry online transactions swiftly.

CHIMPION is an All in one e-commerce platform that aims to innovate the e-commerce system with Blockchain technology, and accept payments using cryptocurrencies.

INTRODUCING CHIMPION

CHIMPION is an all in one E- commerce platform that brings together merchants in one convenient marketplace, and facilitates payment using Digital Assets also known as cryptocurrencies. Over 2 billion people live outside the formal financial sector, this “unbanked’ population represents an opportunity for CHIMPION platform to greatly expand their customer base, by providing them a means of payment through cryptocurrencies. On the CHIMPION platform, Merchants have the choice of choosing which Cryptocurrency they desire to be paid with. CHIMPION platform will run a Dual Token Economy, by providing two(2) of its own Digital Asset known as CHIMP Tokens and BNANA Tokens. I will give elucidated explanations on the CHIMPION Tokens later.

CHIMPION is set on a goal to promote the mass adoption of digital assets, thus creating an easier means of buying and selling goods and eliminating fiat obstacles, by collaborating with other cryptocurrency platforms with the same goals and Ideas.

CHIMPION is an all in one E-commerce, point of sale, digital wallet with crypto to fiat settlement system that is powered by a delegated proof-of-stake (dPoS) consensus.

CHIMPION already has online cryptocurrency merchant stores, that deal on various products. These stores includes;

BCD Bazaar: This is an Online E-commerce store that accepts payments made with cryptocurrencies. BCD Bazaar came into exixstence through the partnership of Bitcoin Diamond (BCD) Foundation and Shopping Cart Elite (SCE). BCD Bazzar accepts payments made with Bitcoin Diamond or Bitcoin.
Marks Jewelers: This is a U.S based jewelry retailer that has started accepting cryptocurrencies as a method of payment.
Mahones Wallpaper Shop: This is a U.S based Home Decoration retailer that accepts payments made with cryptocurrencies
New Parts: This is a U.S based automotive parts retailer, that also accepts cryptocurrency as a method of payment.
BCD PAY WALLET

The BCD pay wallet is a secured and fast mobile Application that enables merchants to accept cryptocurrency payments. It is part of the CHIMPION ecosystem and has an easy to access User friendly interface where any merchant can easily send and receive cryptocurrency payments. BCD pay Wallet will support various kinds of cryptocurrencies such as, Bitcoin Diamond(BCD), Bitcoin Core, LTC, Dash, Ethereum, Waves, NEM, and so many others. It will also support Ethereum and EOS based tokens. BCD pay wallet is available on Android Playstore and IOS App Store. Here is the Download Link

Android Playstore: https://play.google.com/store/apps/details?id=bcd.pay.wallet

ABOUT THE CHIMPION TOKENS

Like i said earlier, CHIMPION will run a Dual Token economy and will make available CHIMPION(CHIMP) and Banana(BNANA) Tokens.

CHIMP is a utility token that powers the CHIMPION merchant store and E-commerce ecosystem, it will also serve as the base currency denomination in the Chimpion Store. Merchants that hold Chimpion (CHIMP) Tokens will gain automatic gain access to CHIMPION’s robust cryptocurrency E-commerce platform for free, without a monthly subscription fee.

CHIMP will not launch an initial coin offering (ICO) to raise funds in exchange for coins, rather CHIMP tokens will be distributed to users for free, and Thus getting merchant aoption of cryptocurrency payments.

Banan(BNANA) Token is built on the Ethereum blockchain based ERC-20 standards. BNANA serves as a reward incentives for merchants on the CHIMPION ecosystem.

BNANA is earned through purchases from merchants on all CHIMPION powered online stores. BNANA Tokens has a total supply of 100,000,000,000 BNANA (100 Billion Tokens).

BNANA Token can be purchased from Mercatox exchange

BNANA TOKEN ECONOMICS

Token Name: Banana Token
Token Symbol: BNANA
Total Supply: 100,000,000,000 BNANA
Circulating Supply: 5,000,000,000 BNANA
Token distribution：15,000,000,000 BNANA
Contract Address: 0x5c2f940281e735ca3496d8138be12d18023dce9f
Decimals: 18
BNANA TOKEN DISTRIBUTION

Community Airdrop: 60%
Strategy Partners 15%
Foundation Payroll: 10%
Marketing: 7%
Team And Advisors: 5%

ROADMAP

TEAM

The idea of the CHIMPION platform was implemented by individuals whom are experts with years of experience when it comes to the development and operations of cryptocurrency payment initiatives. CHIMPION has 72 members working across twelve (12) Divisions.

PARTNERSHIP

CHIMPION is in partnership with Shopping Cart Elite ( E-ccommerce platform), Paytomat (Wallet and POS Application) , Mooncatcher (Trading platform) and Bitcoin Diamond(BCD). This partnership occurred as a result of one mission and ideology, which is the Acceptance of cryptocurrencies as method of payments. This will add a greater value to the CHIMPION Ecosystem. Gemini Dollar (GUSD) and other Stable coins also supports the CHIMPION project.

For more information and Participation please visit

WEBSITE: https://www.chimpion.io/
WHITEPAPER: https://www.chimpion.io/whitepaper/
TWITTER: https://twitter.com/chimpionio
TELEGRAM: https://t.me/chimpionio/
YOUTUBE: https://www.youtube.com/channel/UCOB0ZVAz7ebEx74j_TdXk4g
FACEBOOK: https://www.facebook.com/Chimpionio/

Author's Details

Bounty0x Username: crispy553