What Is Chimpion?
Chimpion is an all-in-one e-commerce platform, a digital wallet, and a point of sale that operates a crypto-to-fiat settlement system. The platform is currently launching digital business storefronts that will enable merchants to accept crypto payments and choose their favorite altcoin as the base currency denomination. This will allow users to process their crypto-to-fiat payments through a stablecoin. Chimpion delivers an incentive-driven solution that bridges the gap between businesses and the digital world of cryptocurrency.
Simple, Yet Sophisticated
Chimpion embraces an innovative technology that enables merchants to launch full-fledged e-commerce storefronts and accept virtual currencies online. Besides, they are able to set a coin of their choice as a base denomination. The platform has a built-in incentive program and a dedicated wallet, which seamlessly connect businesses with the world of digital commerce.
Chimpion merchants are able to upload products and have listings displayed with a virtual coin of their choice as the base currency denomination without any additional pluggins. Besides, their advanced API allows for timely updates of exchange rates. In the end, Chimpion enables merchants to overcome the challenges of e-commerce industry by initiating a flexible income stream regardless of whether they deal in fiat or crypto.
The overall vision of Chimpion is to empower businesses and consumers worldwide to thrive in the blockchain-enabled economy. By simplifying the process of selling with cryptocurrency, the platform makes it easy for businesses to utilize the benefits of selling with virtual currency. Crypto e-commerce enables merchants to avoid high payment processing fees and long delays that come with traditional e-commerce.
The Chimpion token, CHIMP, powers all the transactions on the merchant storefronts and the e-commerce ecosystem. The token is the bounty incentive to onboard merchants in a bid to promote adoption. Besides, CHIMP will be the base currency denomination in the Chimpion Store, which features an exclusive apparel product line together with gift cards from merchants and retailers listed in the Chimpion directory.
On the other hand, the Banana token, BNANA, is the reward layer of the Chimpion ecosystem. Users will earn BNANA through purchases from Chimpion merchants using CHIMP or any other virtual currency. The token functions like points on a loyalty card, which users can redeem for promotional offers, discounts, and exclusive products.
- Experience: the Chimpion team is involved with every aspect of cryptocurrency and has extensive e-commerce experience.
- Free access: It’s easy to access the platform, as merchants simply need to stake CHIMP, which is essentially a deposit they own.
- Seamless use: merchants can set automatic conversion to a chosen stablecoin. Besides, Payomat integration enables crypto payments in physical store.
- Wallet support: Payomat wallet already commits to supporting CHIMP; the platform will pursue additional wallets and exchanges.
- Global network: each store will be part of a global network of Chimpion stores, which creates the opportunity for cross-promotion.
The Chimpion Platform
By using the CHIMP token, merchants can gain access to Chimpion’s robust e-commerce platform free, without having to pay any subscription fee. Designed and developed by Shopping Cart Elite, the Chimpion e-commerce platform integrates the features of mainstream e-commerce platforms such as Shopify or WooCommerce. It includes payment processors such as Stripe and the cryptocurrency store builder requires no additional pluggins.