Why Chimpzee’s New NFT-Funded Wildlife Conservation Model Will Excel?
The post Why Chimpzee’s New NFT-Funded Wildlife Conservation Model Will Excel? appeared first on Coinpedia Fintech News
Chimpzee has launched a new wildlife conservation ecosystem that makes use of blockchain and NFTs to improve efficiency and transparency. It incentivizes people to participate in conservation and climate action initiatives with Chimpzee NFT Passports, which will not only have collectible value, but also give passive income to owners in CHMPZ coins.
The project will allocate 10% of its token supply and a portion of the profits to organizations that are dedicated to the mission. Chimpzee NFT Passport holders are eligible for more benefits and rewards, in recognition of their financial support. You can create personalized Chimpzee NFT Passports and own their commercial rights.
Traditional wildlife initiatives lack transparency and engagement
The rapid climate change and human invasion of eco-sensitive areas are threatening the survival of a broad array of species around the world. The rapid decline of plants and animals, on the other hand, is aggravating climate change. According to the NOAA’s 2021 Annual Climate Report, the average global land and ocean temperature has risen by 0.08 degrees Celsius every decade since 1880. And around one million animal and plant species are at risk of extinction due to human activities, as per the reports from the World Economic Forum.
Wildlife conservation presents one of the essential answers to mitigating climate change. Forests are responsible for the absorption of about 2.6 billion tonnes of carbon dioxide, which is equivalent to one-third of that emitted by fossil fuel consumption. Expanding and preserving forest cover is the need of the hour.
Why aren’t more people contributing to wildlife conservation and climate action when their future, along with their children’s and grandchildren’s, are in grave danger?
Because distant threats invoke little action from us. That can prove to be fatal, however. Traditional wildlife initiatives fail to recognize this. In addition, they face inherent limitations in maintaining transparency and accountability, especially when it comes to projects that run on a global scale.
Blockchain technology can revive wildlife conservation with new vigor, believes the Chimpzee team.
NFTs are not just cash grabs
The mainstream impression of NFTs and blockchain technology has long centered around their environmental impact. Few understand their relevance beyond the collectible market. Things are starting to look up now as most blockchains have moved to energy-efficient consensus mechanisms. The most notable of these is the ETH Merge, which brought down Ethereum’s energy consumption by more than 99.9%.
With the issue of energy inefficiency tackled, organizations across different industries are exploring a wide range of NFT use cases, from health to education and entertainment. Chimpzee takes it a step ahead and uses NFTs as a tool to spread awareness around wildlife conservation and strengthen funding initiatives dedicated to the cause.
Chimpzee NFT Passports allow users to contribute to wildlife conservation while earning passive income. Blockchain integration empowers them to track and verify the transactions made by the program, and crypto incentivization fuels engagement in the ecosystem. The approach gives Chimpzee an edge against its traditional counterparts, in terms of transparency, accountability, and results. Moreover, it does away with the hassles of fundraising across borders.
The three pillars of Chimpzee
The Chimpzee ecosystem has three core components – Chimpzee Shop, Chimpzee NFT Marketplace, and Chimpzee Zero Tolerance Game. Let’s see how each makes a difference.
The Chimpzee Store
The Chimpzee Store rewards you in CHMPZ coins every time you buy gear and accessories on the platform. The coins can be converted to get discounts and special offers within the ecosystem. A share of the profits from the shop-to-earn platform is donated to organizations that focus on conservation and climate action.
Chimpzee Passport holders are eligible for special discounts and promotions from the Chimpzee Store.
The Chimpzee NFT Marketplace
The Chimpzee NFT Marketplace will nurture blockchain-based climate action and wildlife conservation initiatives by featuring NFTs with environmental goals on top of the list. It will also have a stringent vetting process that sieves out dupe collections.
The Trade2Earn platform is one of the first to introduce a profit-sharing system. Here, users who hold a Chimpzee NFT Passport or actively trade on the marketplace get a share of the trading fee profits. The fact that the NFT market amassed close to $24.7 billion worth of organic trading volume last year makes it an offer to not miss out on.
Chimpzee Zero Tolerance Game
Chimpzee brings the element of fun to its ecosystem through the Zero Tolerance Game. The play-to-earn platform rewards users with CHMPZ coins when they reach certain milestones, as an extra source of income. CHMPZ is the native cryptocurrency of the project.
Chimpzee Passport holders will get advantages in the game and earn more CHMPZ coins, in recognition of their financial support.
As in the cases above, Chimpzee NFT Passport owners enjoy special advantages and benefits on the Chimpzee NFT Marketplace. To begin with, they will be eligible for a larger share of the trading fee profit pool.
How to invest in Chimpzee early?
The Chimpzee presale will open up attractive early investment opportunities. 40B CHMPZ tokens have been set aside for the presale, out of which 15B will be available in the first stage. People that buy in the presale only will also receive up to 100% in Free Bonus tokens.
STAGE 11 USDT = 2000 CHMPZ15 billion tokensPrice: 0.0005 USD NFT Diamond 1,000,000 CHMPZNFT Staking 20% APY | STAGE 21 USDT = 1429 CHMPZ12 billion tokensPrice: 0.0007 USD NFT Gold 750,000 CHMPZNFT Staking 18% APY |
STAGE 31 USDT = 1053 CHMPZ8 billion tokensPrice: 0.00095 USD NFT Silver 500,000 CHMPZNFT Staking 15% APY | STAGE 41 USDT = 910 CHMPZ5 billion tokensPrice: 0.0011 USD NFT Bronze 300,000 CHMPZNFT Staking 10% APY |
Why buy CHMPZ early?
- Stage-1 presale buyers get the highest discounts for CHMPZ tokens
- Receive up to 100% in Free Bonus tokens.
- Chimpzee Diamond NFT Passports are reserved for stage-1 presale buyers. It comes with the best benefits, rewards, and staking APY at 20%.
- If you don’t buy the tokens during the presale, you will have to pay a higher price for Chimpzee NFT Passports when they go live. CHMPZ is one of the most promising cryptocurrencies of this year with the potential to trigger multiple bull runs.
The fact that CHMPZ coins used to buy the Chimpzee NFT Passports will be burned and taken out of circulation (up to 10% of the total circulating supply) also strengthens its long-term growth potential.