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Bitcoin’s recent trading activity has had perceptions about its potential rebound.
Despite its shifting market performance, many investors are hopeful for a resurgence. Meanwhile, the Chimpzee project is preparing for its launch on Solana this fall, aiming to make an environmental impact.
The Chimpzee team is committed to their mission of earning income and, at the same time, saving the environment and animals, with several initiatives lined up for the future.
The Chimpzee Ecosystem: Earning While Saving the Planet
Chimpzee offers a unique approach to income generation, with three distinct ways to earn: shop-to-earn, trade-to-earn, and play-to-earn models. Their shop sells unique merchandise, generating income in the form of CHMPZ coins.
Each purchase supports the fight against climate change and animal cruelty, with a portion of profits donated to charity.
Chimpzee’s Zero Tolerance Game allows users to earn CHMPZ coins by protecting forests from poachers. Using an NFT passport or custom avatar, players can stop poachers and save the environment, making them heroes in the fight for Earth’s preservation.
The NFT marketplace, another component of Chimpzee, shares trading fee profits with users, featuring environment-focused NFTs and ensuring the integrity of collections.
Bitcoin seems to be trading in a range. Does it want to bounce back? In any case our team continues to work hard to make sure Chimpzee is ready to launch on Solana this fall.
We also have many new things lined up for after. pic.twitter.com/LAX3CXBif4
— Official Chimpzee Project (@RealChimpzee) July 7, 2024
Staking CHMPZ: How It Works
Chimpzee offers a staking rewards system where investors earn up to 40% APY.
The steps include verifying that your wallet has been linked to the Ethereum Blockchain. This is followed by determining how much CHMPZ to stake, and approving the transaction.
After confirming on the blockchain, the staked CHMPZ will appear in the “Locked CHMPZ” section. After five days, the tokens move to the “Current Staked” section, allowing for unstaking and reward claiming.
Chimpzee’s staking system has around 765 stakers, with nearly 7 billion CHMPZ tokens staked and around 600 million CHMPZ paid out as rewards.
This mechanism is a part of Chimpzee’s strategy to provide passive income while supporting their environmental mission.
Benefits of Holding a Chimpzee NFT Passport
Holding a Chimpzee NFT Passport offers several benefits. NFT Passport holders earn higher rewards across the shop-to-earn, trade-to-earn, and play-to-earn modules.
The Diamond-tier NFT Passport provides a 20% APY on staking rewards, setting a high industry standard. Chimpzee is also running a major giveaway for NFT Passport holders, with prizes ranging from $10,000 to $250.
Moreover, the minting of Chimpzee NFT Passports will burn a significant number of CHMPZ tokens and this will reduce the total supply. This token burn is expected to positively affect the price dynamics of the CHMPZ cryptocurrency.
Combining Digital Assets with Environmental Impact
Chimpzee is not just another crypto project; it combines digital asset investing with real-world environmental impact.
The core focus is to drive positive change through crypto funding for wildlife conservation and climate action initiatives.
Revenue generated from presale, token economics, and ecosystem services is transparently donated to reputable non-profit organizations working on critical environmental projects.
Chimpzee has already supported several charities, including the WILD Foundation, Rainforest Rescue, and One Tree Planter.
These efforts showcase how blockchain technology can drive tangible impact, like planting over 5,000 trees in Tanzania with WeForest to combat climate change.
Sustainable Tokenomics and Long-Term Vision
Chimpzee stands out with its sustainable tokenomics and long-term vision. The project offers attractive yields and rewards for holding the CHMPZ token.
An intensive token-burning mechanism adds to the growth potential of CHMPZ, increasing scarcity and value over time.
Chimpzee’s upcoming launch on Solana combines unique income models with environmental initiatives, blending crypto investing with real-world impact.
The project showcases how blockchain technology can drive participation in crucial climate and ecological causes. Chimpzee’s integration of crypto with wildlife conservation aims to inspire action and support for environmental initiatives.
Chimpzee’s approach to earning while protecting the planet distinguishes it in crypto space.
Chimpzee’s commitment to conservation, coupled with its distinct earning models and staking rewards, provides a compelling proposition for investors and environmentalists.
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