CHIMPION: LEVERGING ON THE E-COMMERCE INDUSTRY TO INCREASE CRYPTO ADOPTION
We are in the computer age and people literally spend most of their time online. We live in a generation where people are addicted to their mobile phone, and we rely on the internet for virtually many areas of our lives. The internet evolution has without a doubt transform various industries. One industry that can't go unnoticed is the E-Commerce industry. The internet has changed the way we buy and sell. E-commerce is a massive industry worth billions of dollars. Just in 2017, top 3 e-commerce platform earn over 100billion dollars. E-commerce connects the world's market and it is more convenient to shop online than in brick and mortar stores.
Another technology that took the world by surprise is blockchain technology and cryptocurrency. In my opinion, the blockchain technology is the greatest innovation after the internet. It is an innovation set to revolutionize several industries. It is capable of ensuring security, privacy, immutability, anonymity, transparency and decentralization. These features of blockchain technology are useful and will bring about significant changes in the E-Commerce world.
This brings us to the substance of this article. A blockchain based platform known as Chimpion is connecting these two massive industries together. The combination of these industries brings increase adoption of E-Commerce and cryptocurrency, on one hand, it will make E-commerce transactions cheaper, trustless and cost nothing to set-up
WHAT IS CHIMPION
Chimpion is a blockchain based E-commerce platform where individuals and merchants can buy and sell goods from anywhere in the world. The goal of the Chimpion platform is to champion the use and adoption of blockchain and cryptocurrency. This is why the name "Chimpion" was derived from two symbolic words. Champion and chimpanzee. Champion was used because the platform Chimpion are at the forefront of making cryptocurrency adoption. The chimpanzee was the first animal to travel to the moon and it symbolizes the way the Chimpion platform will make chimpion travel far and wide globally.
It is important to emphasize that Chimpion is not just another ICO project. It is functioning platform ben used by top companies like BCD Bazaar, Marks Jewelers, Mahone's Wallpaper Shop, Rosetta Coffee etc.
Chimpion team is full of experienced professionals in the E-commerce field. This will go a long way in ensuring Chimpion's objectives.
They have also secured a partnership with top companies in the E-commerce like shopping cart elite, Paytoamt, Mooncatcher and Gemini.
Chimpion will help brick and mortar merchant all over the world have an online store and sell globally. It is difficult for many offline merchants to sell online due to cost associated with either setting up their own online store or the outrageous subscription fee and other fees E-commerce platforms charges. On Chimpion, no there will be no subscription charges. To set up an online store the merchant will just have to stake chimp token. This staking is to prevent spam on the network.
It is worthy to note that the Chimpion uses delegated proof of stake protocols. It will also create its own blockchain call Chimp chain in 2021 according to the project's roadmap.
You can get a lot of exciting information and updated about this project when you follow their various social media platform below.
WEBSITE: https://www.chimpion.io
TWITTER: https://twitter.com/chimpionio
FACEBOOK: https://www.facebook.com/Chimpionio/
TELEGRAM: https://t.me/chimpionio/
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