Chimpzee, the most wholesome passive income project in Web3, remains committed to its charitable efforts as it expands its role. This meme coin offers various ways to earn passive income while supporting charitable organizations focused on animal conservation and preventing deforestation.
Chimpzee has also launched its highly anticipated NFT Passports, which could potentially burn an additional 5 billion $CHMPZ from the circulating supply.
Chimpzee’s mission is to demonstrate that Web3 can be used for meaningful purposes by allowing users to earn passive income while making a positive impact on the world. It is the first project in Web3 to disrupt traditional charity contributions, providing a unique perspective on the potential of meme coins and blockchain technology.
The project has already made significant donations to notable charities such as WeForest, WILD Foundation, One Tree Planted, Forgotten Animals, and Rainforest Rescue. Recently, it donated to WeForest’s Mala project in Tanzania, resulting in the planting of 4,200 trees.
Chimpzee offers four avenues for earning passive income:
1. Shop-to-earn
2. Trade-to-earn
3. Play-to-earn
4. $CHMPZ staking
By engaging with these products, users can earn rewards and stake their $CHMPZ tokens to earn up to 40% APY in passive staking.
The introduction of Chimpzee NFT Passports is crucial for maximizing passive income within the ecosystem. These NFTs provide various benefits, including higher $CHMPZ rewards, exclusive discounts in the Chimp Shop, a larger share of trading fees on the NFT Marketplace, discounted marketplace fees, and discounted advertising on the platform. Additionally, NFT Passport holders enjoy higher rewards in the Zero Tolerance play-to-earn game, staking rewards, VIP access to events and airdrops, and a chance to win exclusive promotions worth $10,000.
The NFT Passports are tiered, with each tier offering different levels of rewards. The Diamond tier is the most sought-after, with only 1,000 available at a cost of 1 million $CHMPZ tokens. The Gold tier has 2,000 NFTs priced at 750,000 $CHMPZ, while the Silver tier has 3,000 NFTs priced at 500,000 $CHMPZ.
Traders in the Chimpzee community anticipate a surge in returns after the passport sale, with potential gains of up to 10x. This is because all the $CHMPZ used to purchase the NFTs will be permanently burnt, reducing the total circulating supply by over 5 billion $CHMPZ if all NFTs are bought. This would decrease the total supply from eight billion to three billion $CHMPZ.
Moreover, the staking feature remains popular, with a staggering 5.7 billion $CHMPZ currently staked, offering stakers up to 40% APY. Some of these staked tokens may be unstaked to purchase NFTs, but the majority will remain staked even after the sale. As a result, traders expect a supply shock during the NFT sale, making it challenging for newcomers to find cheap $CHMPZ tokens and potentially driving prices higher.
In conclusion, Chimpzee continues to establish itself as a significant charity-focused project in Web3, making a positive impact and gaining recognition within the industry.
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