What is Chimpion (BNANA)?
Chimpion is building a blockchain bank that will remove most of the problems users encounter with traditional banks. These problems include huge transaction fees, transaction limits, account restrictions, unfavorable policies, long wait times, and more.
The Blockchain Bank has integrated cryptography, blockchain, and smart contracts to create a revolutionary borderless banking system. This allows individuals in different parts of the world to transfer stablecoins such as USDT, USDC, TUSD, PAX, or Bitcoin over the internet for free and without delay.
The practicality of this technology makes it suitable for everyday use. For example, Chimpion users can pay their bills using any currency that the platform supports. Also, users can create multiple USDC, Bitcoin, or other crypto accounts and they can earn interest on the funds they hold on these accounts.
Additionally, users can connect their Mastercard Debit Cards to the platform and convert their crypto holdings into USD.
Besides, Chimpion users can also purchase various gift cards using funds in their accounts. This includes Amazon, Spotify, Xbox, and many other gift cards.
The BNANA crypto token is the utility token of the ecosystem. The live Chimpion price chart above features the most recent BNANA price movements.
BNANA Use Cases
The major use case of the BNANA coin is to facilitate all transactions in the Chimpion ecosystem and the blockchain bank.
International transfers between individuals in different locations can also be made with the BNANA token.
Moreover, holders of the BNANA token can stake their tokens to earn rewards.
As more use cases are developed for the token, it is expected that demand for the token will increase and BNANA price will increase as well.
Who Founded Chimpion?
Details about the founders of Chimpion are scarce online. However, the team is reputed to be made up of experienced software engineers, finance experts, cryptocurrency enthusiasts, and blockchain developers.
The initial total supply of BNANA tokens is 100 billion. However, this number can change as there is no max supply set.
Recall that, on the price chart above, you can see the live Chimpion price and its past movements to understand more about the value of this coin.