These days, you seldom hear people talking about blockchain and cryptocurrency in the E-commerce world, and the reason is not far fetched, there are very few projects out there that effectively combine both industries. We all know the current state of the cryptocurrency market makes people in the space feel uneasy. This is why crypto projects that offer gateways to a gateway to another market especially a massive one, are more lucrative than others as most crypto token/coin don't have use case.
In 2017, the E-commerce industry earned over $2.3Trillion USD in revenue. The industry is arguably one of the largest in existence and studies have portrayed extrapolated growth and shows that E-Commerce revenue will keep increasing over the years to come. While we aren't sure what the future holds for blockchain technology we are sure people will continuously shop online, and the E-Commerce industry will get bigger for many reasons, like convenience, wider market than the brick-n-mortar stores.
These facts and figures are positives and can be seen as a safe heaven fo4 projects like Chimpion that is connecting both industries. The reason is that Chimpion will thrive regardless of which direction blockchain industry heads.
Chimpion is championing blockchain and cryptocurrency adoption and connecting with the huge E-Commerce industry is one of the best ways to. Because of the following reasons:
The E-Commerce industry has huge revenue.
Large User Base
Large client base
Higher potential for company growth.
The Chimpion team members have experience and partnerships in the E-Commerce space.
These factors listed above are just a few of the extremely important factors that help dictate a company's existence. We all know E-Commerce is a massive industry especially in Africa and Asia. The industry will keep growing and will not slow down anytime soon. A project like CHIMPION holds higher value because it has the capacity if accessing these aspect mentioned above and generates more revenue, higher growth rate, more users.
With massive user base, I envision a future where Chimpion won't rely on the volatility of the market like others do.
Chimpion is built on the Eos blockchain and consensus is achieved by the DPOS protocol. Chimpion will migrate to the Chimp chain blockchain in the future.
Chimpion will reduce the bureaucracy in international trade. It will reduce the stress, high transaction charges involved in international trade. More importantly, it will create a trustless environment participant in E-Commerce.
Having a brick-n-mortar store is easy, but an online store is more expensive to set up and attract traffic. Traditional E-Commerce merchants aren't helping matters with their throat-cutting subscription fees. On chimpion platform setting up a store is easy free and fast. This will not only help brick-n-mortar merchant have online stores but will also open the global market to their product.
CHIMPION TOKEN STRUCTURE
Chimpion uses two tokens. Chimp and banana. Aside from these two tokens other cryptocurrencies including stable coins are listed on the chimpion platform.
The chimp coin is the base currency for the platform while the Banana is used for loyalty and promotional purposes.
Chimpion have the partnership with E-Commerce companies like shopping cart Elite, Bitcoin Diamond, paytomat, Mooncatecher etc.
Conclusion: Chimpion is making cryptocurrency more usable and revolutionizing the E-Commerce industry. This project has huge potentials
MAKE SURE YOU STAY CONNECTED
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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