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Passive income is always at the forefront of every entrepreneur’s mind. The ability to make a small investment and then earn a passive income stream is a dream come true for most hustlers in today’s digital. Well, Chimpzee is a new project that provides avenues for just that – but it takes it one step further by making simultaneous contributions to charity.
Chimpzee is a Web3 ecosystem that generates revenues for all holders while positively contributing to the world by saving animals and combating climate change. The project is on a mission to increase public awareness regarding the impact of climate change while providing financial contributions to organizations that help save endangered species and fight deforestation.
The ecosystem will bring together play-to-earn, shop-to-earn, and trade-to-earn to create a self-contained ecosystem that continues to generate revenues from fees while donating to the leading charities that fight the world’s most pressing issues in protecting biodiversity, deforestation and climate change.
If changing the world for the better is part of your mindset, then Chimpzee is a project you must pay attention to. The project is gearing up to begin the presale for its CHMPZ coin, which has a wide range of utilities throughout the entire ecosystem.
Here are the four methods of how the Chimpzee ecosystem lets you earn passive income while donating to charity simultaneously.
Method 1: Shop-to-Earn
The first method of generating passive income for users is through the Chimpzee Shop. This shop-to-earn component allows all platform users to earn CHMPZ tokens when customers buy Chimpzee gear, such as printed t-shirts and hats. It is the central commerce section of the ecosystem, allowing users to spend their CHMPZ tokens on goods and branded items available in the store.
This shop-to-earn mechanism incentivizes customers to make purchases and engage with all of the services on the platform by offering rewards.
The great thing about the shop is that a percentage of profits are donated to leading charities focused on protecting animals and preventing deforestation.
Furthermore, platform users can also sell their own customized items in the shop, such as their Chimpzee avatars printed on mugs, hats, t-shirts, etc.
Method 2: Trade-to-Earn
At the heart of the Chimpzee ecosystem is the Chimpzee NFT Marketplace. This marketplace allows users to trade and buy Chimpzee NFT Passports along with a variety of other NFTs. Passive income is generated through sharing a percentage of trading fees from active traders on the network – which can quickly result in substantial revenues.
The Chimpzee Marketplace is the first marketplace that shares a portion of trading fee profits with everyone involved in the ecosystem. Those that hold a Chimpzee NFT Passport earn a higher share of the trading fees generated.
On the marketplace, environmentally-focused NFTs will receive a higher priority to be featured on the main page, which should result in higher sales for the owners.
Furthermore, a portion of all profits are donated directly to charities focused on saving wildlife and preventing deforestation.
Method 3: Play-to-Earn
Play-to-earn is one of the most popular sectors of the Web3 industry. It provides a method for users to play games while earning rewards if they perform well. Chimpzee is utilizing the play-to-earn method as another revenue-generating stream for users.
The fun Chimpzee play-to-earn game is called Zero Tolerance, and it‘s the main entertainment component of the ecosystem that allows users to earn CHMPZ tokens after reaching certain milestones in the game.
The game is named Zero Tolerance because Cimpzee is built on the premise of zero tolerance for abuse against nature and the environment. It’s part of the platform designed to keep people returning to earn additional rewards and ensure activity is always alive in the ecosystem.
Method 4: Chimpzee NFT Passports and Custom Chimpzee AI Avatars
The final method of generating passive income in the Chimpzee ecosystem is through owning Chimpzee NFT Passports and custom Chimpzee Avatars created using artificial intelligence.
The Chimpzee NFT Passports are essential to earning the most passive income and rewards from the overall platform, making it the central entry point into the ecosystem. There is a limited supply of Chimpzee NFT Passports. As a result, once the initial batch is sold out, the only method of acquiring one would be by buying it from another owner on the Chimpzee NFT Marketplace.
The NFT Passports provide more benefits and rewards to holders than users of the ecosystem that don’t have one. For example, they give a higher share of the trading fees generated from the NFT Marketplace. They also provide higher rewards for holders while playing the Zero Tolerance game.
The Chimpzee AI-generated Avatars are the final exciting component of the ecosystem that helps to increase the passive revenue of the overall ecosystem. Users can download a breakthrough mobile application that lets them build personalized avatars developed by artificial intelligence.
The AI-generated Chimpzee Avatars can then be attached to the user’s NFT Passport and used as an avatar in the Zero Tolerance game.
The best thing about these avatars is the owners are entitled to the full commercial rights of the image to facilitate the free expression of creativity. This means they can create stories behind their avatars and sell merchandise surrounding the personalized avatar in the shop. In addition, the Chimpzee Shop will provide a printing service that allows owners to print their Chimpzee Avatar on t-shirts to be sold to other users.
Chimpzee Prides Itself on Transparency
One of the most respectable features of Chimpzee is that it prides itself on being totally transparent to users. 10% of the total coin supply will be used to donate to organizations working to save animals and prevent deforestation to help fight climate change.
A comprehensive list of the charities Chimpzee will support will be published for accountability. It will allow the community to see the impact of their efforts and feel good about supporting these organizations.
Furthermore, Chimpzee will also create a donations tracker to take its charitable transparency a step further. As a result, Chimpzee will be one of the only crypto projects that will openly declare its charitable donations in a method that everybody can observe.
Presale for CHMPZ Coming Soon With Additional Perks
The Chimpzee project presale is set to launch on March 20, in less than 5 days! The CHMPZ token will be the native transaction and reward token and will be required in all the ecosystem components.
The first two stages will be the best to invest in, as they will offer the lowest prices for the CHMPZ token. Stage 1 will sell 2000 CHMPZ for 1 USDT, and stage 2 will sell 1429 CHMPZ for 1 USDT.
Investors that participate in the presale will be automatically added to the Chimpzee NFT Presale buyers-only whitelist. This allows them to purchase an NFT Passport before they are made available to the public. Furthermore, those participating in the first stage of the presale will be the only ones entitled to mint a Diamond NFT Passport, which provides an APY of 20%.
Overall, Chimpzee is a wholesome endeavor in the Web3 space. With its charitable efforts and passive income streams, the project feels special relative to the competition in the space. If successful, Chimpzee will be the first project to prove to the world that Web3 can be utilized for the benefit of humanity while still providing profits for its ecosystem members.
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