Chimpion (CHIMP)’s mission is to create a blockchain-enabled economy by empowering merchants to adopt e-commerce through digital currency.
Bitcoin was designed to be a means of transaction as peer-to-peer electronic cash. Through its rise in value, the spending power of early adopters increased dramatically, leading to substantial demand for payment processors. These third-party applications bridged the gap between cryptocurrency holders and traditional merchants that wanted their profits to be settled in fiat. Real estate, sports cars, and luxury fashion have been hot commodities purchased by early Bitcoin adopters.
The problem is that these services often charge high fees and have long wait times. With so many prominent altcoins now on the market that feature fast, affordable transactions, the industry still lacks an innovative e-commerce platform where these funds can be utilized to purchase tangible products and services. It is time for cryptocurrency holdings to be liquid for immediate usability by all merchants, large and small.
Chimpion Coin (CHIMP) solves this problem by offering a professional cryptocurrency payment system with custom e-commerce and settlement backend. Developed through a partnership between Shopping Cart Elite and the Bitcoin Diamond (BCD) Foundation, Chimpion’s innovative technology to launch e-commerce storefronts allows merchants to accept cryptocurrency payments, choosing their favorite altcoin as the base currency denomination. The crypto community has long been complaining about a lack of options for practical adoption, but that is soon to change. Chimpion delivers an incentive-driven solution that connects businesses with the digital world.
Chimpion aims to decentralize the e-commerce industry by focusing on cryptocurrency as the preferred method of payment. We have built a completely customizable e-commerce solution where merchants can upload products and have listings displayed with cryptocurrency as the base currency denomination without any additional plugins. With our advanced API, cryptocurrency prices are updated in real time exchange rates.
Merchants selling internationally will no longer be charged additional payment processing fees and consumers will not be charged high premiums by third-party payment providers for currency conversion. With a focus on cryptocurrency, we cut out the intermediary so that merchants can offer their customers greater value while increasing their profit margin.
With ongoing trade wars, inflation, and changing interest rates, many merchants with international supply chains face challenges due to changing government policies that cause fiat fluctuations. Chimpion offers merchants income stream flexibility, regardless of whether they deal in fiat or crypto. Chimpion’s backend allows merchants to easily cash out through our payment processing partners, automate cash flow to a preferred stablecoin, or hold their gains in crypto.
Chimpion is derived from the word “champion”, to signify both the coin’s superiority over incumbent cryptocurrencies and the organization’s core mission of championing 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 to numerous cultures. Monkeys have historically played an important role in both Chinese and Indian culture.
The chimpanzee was chosen as a mascot to represent Chimpion because of the species’ association with exploration, being one of the first animals to travel into space. Likewise, Chimpion is pioneering a new era of transacting by driving the adoption of cryptocurrency for e-commerce.
Chimps are also known to be highly intelligent compared to other animals, even surpassing human memory of numerals in some cases, which symbolizes the benefits of a blockchain-enabled economy. Highly community-focused and even capable of empathy, altruism, and self-awareness, the chimpanzee is a fitting symbol for Chimpion, which aims to drastically improve the way humans exchange value.
We would like an illustration of a monkey or monkey astronaut with a helmet (traveling to space), we are open to having a mascot only, or mascot with type and slogan, they should work together and separate.