Hey fellas. As you see, I am back with providing you with the best crypto related projects. Today`s one is Chimpion. (https://www.chimpion.io, whitepaper - https://www.chimpion.io/whitepaper/)
The token of the project is Banana (BNANA) this is the utility token based on EOS platform and using Delegated Proof-of-Stake (DPoS) protocol, 1 BNANA = 0.0065 USD.
The project is going to connect marketplaces with cryptocurrencies. That is not classical ICO which you used to participate, there was no ICO. You can buy token directly on Mercatox exchange (top 20 biggest volume exchanges according to Coin Market Cap). Most of tokens are locked and are planned to release them for providing the stable price of token or in case of probably future investments.
As I already said, Chimpion will provide software and support for sellers, the team aims to become Shopify in the world of cryptocurrencies. In fact, the company has already achieved a decent result, as they have agreements with big eCommerce market players. Several online stores use the merchant right now. Such as BCD Bazaar (http://bcdbazaar.com/), New Parts (https://www.newparts.com/), Marks Jewelers (http://marks-jewelers.com/) and Mahones Wallpaper Shop (http://mahoneswallpapershop.com/)
How BNANA token would be used?
Chimpion would launch storefronts that allow merchants to accept cryptocurrency payments, choosing their favorite altcoin as the base currency denomination and allowing the merchant to settle their crypto into fiat through a stable coin.
BNANA token would be used for paying all transaction fees and in converting purposes.
But that is not everything that Chimpion`s team is going to do. Also, it plans to release Digital Wallet that would be made in cooperation with PaytoMat Bitcoin Dimond developers. The wallet will connect fiat currencies with cryptocurrencies and will provide a comfortable interface.
The team.
As for the team, at the projects website, there are two main members of the team: Alex Arnaut and Dmitrii Tiatkov they both are ex. Shopping Cart Elite workers and most likely they still have connections in their sphere. Also, according to the website, there are 72 more members in the company, so it is pretty big and doesnt look like ICO.
Invest or not to invest?
As usual, that`s your choice but in my blog, there are no companies in which I do not participate. This one seems very optimistic to me. Here are several arguments why I think so:
- it is already listed on a top exchange, the volume is not very big, but still, that tells a lot about project developing.
- it is already working product with lots of perspectives and many connections in eCommerce sphere
- EOS token, that is also an advantage
- The team has experience in the eCommerce sphere
- token, even during this bearish market, had increased comparing to initial price
- famous investors and partners;
For me all these factors are obvious marker to invest in the project, to buy BNANA token.
Invest smart, do your own analysis!
ICO information:
Soft cap: No
Hard cap: No
Token: BNANA
Price: 1 BNANA = 0.0065 USD* (*this is the initial price of the token, the price could change depending on trades)
Total supply: 100,000,000,000 BNANA
Website: https://www.chimpion.io/
Facebook: https://www.facebook.com/Chimpionio/
Twitter: https://twitter.com/chimpionio
Telegram: https://t.me/chimpionofficial/
Token sale: https://www.mercatox.com/exchange/BNANA/BTC, https://www.mercatox.com/exchange/BNANA/ETH
Whitepaper: https://www.chimpion.io/whitepaper/
The author: https://bitcointalk.org/index.php?action=profile;u=1963543
Bounty0x: halpi