CHIMPION: A BLOCKCHAIN SERVICE FOR E-COMMERCE WITH TRUST AND TRANSPARENCY, WITHOUT MONOPOLISTIC MIDDLEMEN.

INTRODUCING CHIMPION

Not too many years ago most people shopped in their local stores complete with parking and weather problems, long lines, and wobbly shopping carts. Even when online shopping was available, people felt uncomfortable by using their credit cards and giving their personal information to cyber-shops. That has all changed.

Throughout the world online buying has grown exponentially. Consumers may still be concerned about the security of the online shopping, but more and more of them are prepared to buy on the web. Faster delivery, easier return policies, and many sites offering free shipping have also increased the desirability of online buying.

The growth of online shopping has been characterized by strong consumer demands and the increasing number and type of goods available. Physical stores are moving at least part of their companies online in order to cut costs.

The internet is only going to become more popular as time goes by and purchasers worldwide become more comfortable about the security and on-time delivery of their purchases. This is the one area of merchandising that continues to have a positive outlook far into the future which leads to the creation CHIMPION services.

CHIMPION is an all in one ecommerce which comprises of point of sale and digital wallet having crypto to fiat settlement system as an additional functionality. In other words, CHIMPION is a newly launched e-commerce storefronts that allow merchants to accept cryptocurrency payments by choosing their favorite altcoin as the base currency denomination and allowing the merchant to settle their crypto into fiat through a stable coin.

From research, we can deduce that the crypto ecosystem has been demanding for practical adoption, and CHIMPION will deliver an incentive-driven solution which connects businesses with the digital world of cryptocurrency.

CHIMPION IS A UNIQUE PLATFORM ON ITS OWN:

The CHIMPION’s crypto e-commerce platform is powered by a unique, delegated proof-of-stake (dPoS) consensus. The developers behind this project have developed the Proof-of-Store as Proof-of-Stake (poS as PoS) protocol that allows any CHIMPION powered merchant storefront to become a master-node on the CHIMP blockchain. And this is how; the CHIMPION blockchain will initially operate in the form of an EOS smart contract, which will migrate to its own chain upon the launch of this project’s mainnet. The essence is that this will enable team of CHIMPION to integrate an advanced e-commerce platform with a secure smart contract blockchain that will feature loyalty rewards, dApps, and token creation for our merchants.

THE NEED FOR BLOCKCHAIN TECHNOLOGY IN CHIMPION

The CHIMPION Project has opted to deploy this solution on blockchain because of some of the benefits that this technology offers. These benefits are centered on the following metrics:

a. SECURITY: Based on a secure blockchain platform that provides access to immutable and unalterable information and educational content.

b. TRANSPARENCY: Blockchain projects are transparent and cannot be manipulated by a single individual.

c. COLLECTIVE OWNERSHIP, which prevents the ecosystem from being hijacked by a single individual and also provides the jury system of evaluation as mentioned earlier. The ecosystem is in the hands of all participants and is self-regulatory.

d. CONFIDENTIALITY: Information quality is protected, as well as the identity of information providers.

WHY YOU SHOULD INVEST ON CHIMPION

• The team of CHIMPION is working closely with industry-leading organizations playing a vital role in making cryptocurrency easy to use for buying and selling products and services. No doubt, that will definitely sell this platform to the world even much more.
• Of course the term CHIMPION is derived from the word champion, which signifies both the coin’s superiority over incumbent cryptocurrencies and the organization’s core mission of championing the adoption of crypto for e-commerce. I will also like to remind us that the word champion has a similar pronunciation in many widely-spoken languages, making CHIMPION a highly relevant name to numerous cultures.
• BCD Pay wallet is a part of CHIMPION ecosystem. This is a system that enables merchants to accept cryptocurrency in brick and mortar businesses, and online stores. BCD Pay wallet is a simple to use digital cryptocurrency wallet that anybody can use to send and receive digital crypto payments. With this feature of CHIMPION, you can either choose to pay online or in-store for products, food, gas, taxi, rentals, and tickets from anywhere around the world. 

TOKEN INFORMATION

The CHIMPION project is based on the dual-token technology which is briefly discussed below:

CHIMPION (CHIMP) powers the merchant storefronts and the 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 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.

Token Total Supply: 100,000,000,000 BNANA

ROADMAP

By definition, Roadmap is a plan or strategy intended to achieve a particular goal. That is to say the CHIMPION Roadmap is step-by-step means by which the mission of the project is to be fully achieved.

Below is a pictorial representation of the CHIMPION Roadmap:

MEET THE TEAM

Behind every good project, there must be a solid team who are always brainstorming and working towards on how to achieve the aim of the project. The core team of CHIMPION consists of experts who have significant experience with the development and launch previous major cryptocurrency payment initiatives, including Bitcoin Gold’s BTGPay and Bitcoin Diamond’s BCD Pay and BCD Bazaar. Members of the executive team also have extensive experience in the e-commerce sector with Shopping Cart Elite.

Below are the brains that make up the CHIMPION Team;

** CHIMPION has 72 members working across twelve divisions that make up the management team.

CONCLUSION

There is clearly a need for a platform that can provide all the benefits of cryptocurrency in ecommerce under one roof, which CHIMPION is already here to definitely provide.

By holding CHIMPION (CHIMP), merchants can gain access to CHIMPION’s robust crypto e-commerce platform for free, without a monthly subscription fee. Note that the cryptocurrency store-builder of CHIMPION does not require any additional plugins and will be further enhanced with future dApps.

Be part of this Revolution now!

Feel free to get in touch with the CHIMPION project for updates or participation through the links below:

WEBSITE || WHITEPAPER || FACEBOOK || TWITTER

TELEGRAM || INSTAGRAM || YOUTUBE

Article Written by: HELEN IMAH

Bounty0x Username: hiboat