-
Cryptocurrencies
-
Exchanges
-
Media
All languages
Cryptocurrencies
Exchanges
Media
Chimpion is an all-in-one e-commerce that provides merchants with a simple yet sophisticated cryptocurrency payment system with a custom e-commerce front-end and checkout back-end. Through Chimpion's innovative technology, merchants can launch a full-fledged e-commerce storefront and accept cryptocurrency payments online, with the option to set their own digital assets at the base currency denomination. Chimpion provides businesses with a seamless connection between the real economy and the world of cryptocurrency commerce through a built-in incentive program and a dedicated wallet.
Banana Token (BNANA) is the reward layer of the Chimpion ecosystem. BNANA is earned by purchasing from Chimpion merchants using CHIMP or any other cryptocurrency. BNANA functions like points on a loyalty card that can be redeemed for promotional offers, discounts and exclusive products.
Chimpion is derived from the word "champion", meaning a coin superior to existing cryptocurrencies, and the organization's core mission of supporting the adoption of crypto for e-commerce. The word "champion" has a similar pronunciation in many widely spoken languages, making Chimpion a highly relevant name for numerous cultures. Monkeys have historically played an important role in Chinese and Indian culture.
The chimpanzee was chosen as the mascot to represent Chimpion because the species is associated with exploration and was one of the first animals to go into space. Likewise, by promoting the adoption of cryptocurrencies in e-commerce, Chimpion is ushering in a new era of transactions.
Chimpanzees are also considered to be very intelligent compared to other animals, in some cases even surpassing human memory for numbers, which symbolizes the benefits of the blockchain economy. Chimpanzees are highly community-focused and even capable of empathy, altruism, and self-awareness, a fitting sign for Chimpion, which aims to revolutionize the way humans exchange value.
Merchants
Reach customers who hold and actively trade cryptocurrencies.
Improve Search Engine Optimization (SEO).
Customers
Reduce intermediaries and speed by buying real products (withdraw bitcoin to crypto-to-fiat exchanges, sell it to fiat, and transfer fiat to their bank accounts)
access to global suppliers.
Earn NANA tokens through the loyalty program.
Cryptocurrency Core Team
Improving the usability, value and liquidity of assets through crypto e-commerce, leading to increased adoption.
International E-Commerce in Emerging Economies
In emerging markets such as Venezuela and Nigeria, the use of cryptocurrencies has exploded, fiat currencies can be volatile, and many people do not have access to traditional Bank Account. Merchants in these countries find it difficult to sell online due to high transaction fees, lack of security, and complicated processes, which limit their revenue opportunities.
With Chimpion, merchants around the world can easily set up a crypto e-commerce store and start selling with very little initial investment. CHIMP is a fast, accessible, secure coin that makes transactions more efficient.
Avoid Chargeback Fraud
Merchants are sometimes concerned when something strange happens to a buyer. For example, if an order is titled for a deceased celebrity, the merchant may be concerned that payment will be returned as a refund after the item ships. With Chimpion, cryptocurrency payments are processed instantly, allowing merchants to mail products to any Mr. Fang they trust without worrying about chargebacks.
Brick and Mortar Retail to E-Commerce
There is no doubt that online sales will boost retailers' revenues, but many brick-and-mortar stores still do not sell online. In many cases, this is because the process is complex and expensive, and requires a different marketing strategy to drive traffic to the online store.
Selling with Chimpion makes it easy for traditional retailers to sell their products online. After putting in the desired amount of CHIMP, merchants can immediately start selling products to customers around the world. Through Chimpion’s Paytomat integration, merchants can also accept cryptocurrency payments while using existing hardware in-store.
Wholesalers
Some wholesalers prefer to sell using crypto, which offers significant cost savings by avoiding expensive transaction fees, making international transactions simpler, and speeding up order processing times. Chimpion suppliers can choose whether to receive payments in CHIMP, or have them automatically converted to a stablecoin of their choice.
*The above content is organized by YouToCoin official. If reprinted, please indicate the source.