As the eco-friendly cryptocurrency project Chimpzee races towards raising $1 million in its presale, the blockchain-based platform is making progress on its charitable roadmap commitments to help save endangered animals and fight climate change.
Chimpzee revealed its Chimpzee Gold Passport non-fungible token (NFT) collection on July 15, which will feature eight exclusive digital art designs. Environmentally conscious crypto investors who participate in Chimpzee’s ongoing “gold stage” presale will be eligible to mint one of these exclusive Chimpzee Gold Passport NFTs for 750,000 $CHMPZ tokens once the presale concludes.
In addition to various perks within the Chimpzee ecosystem, these Gold Passport NFTs will be stakable for an 18% yield, providing holders with a passive income stream.
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The project also donated $20,000 to the WILD Foundation on July 20 to support their conservation efforts for the endangered black jaguar population in South America, as part of Chimpzee’s core mission to fund impactful environmental and wildlife charities.
Earlier this year, Chimpzee had already financed the planting of 1,200 trees in Brazil and 20,000 trees in Guatemala, along with donating $15,000 to protect endangered Asian elephants. According to their website, Chimpzee plans to continue donating to reputable charities and organizations fighting against climate change, deforestation, and animal endangerment.
Chimpzee is currently in the eighth stage of its presale event, the second “gold stage”, with the price per token set at $0.00075. The presale will enter its ninth stage in ten days on August 4, which will see the price per $CHMPZ token rise to $0.00085.
Presale participants can also secure a 125% token bonus if they contribute while the presale is still in its early gold stages.
The Chimpzee platform seeks to allow users to earn passive income while simultaneously contributing to charitable causes that protect animals and the environment. Key features will include a shop-to-earn merchandise store, trade-to-earn NFT marketplace, and play-to-earn game called “Zero Tolerance”.
In the shop-to-earn model, users will be rewarded in $CHMPZ tokens for every purchase made in the Chimpzee merchandise store. Additionally, a portion of the profits from merchandise sales will be donated to partnered environmental charities, making the store a shop-to-donate experience as well.
According to their whitepaper, Chimpzee is currently in phase two of its roadmap timeline. Once the presale concludes and $CHMPZ launches, the team will focus on developing the Chimpzee merchandise store, NFT minting platform, and staking features.
The NFT marketplace and play-to-earn game will be built out in later roadmap phases. Chimpzee states they plan to sustain charitable donations through each roadmap milestone.
With strong utility features and charitable ethos, $CHMPZ could be a promising addition to environmentally conscious crypto portfolios. Investors who participate in the early presale stages can acquire the token at a heavy discount compared to the planned exchange listing price of $0.00185 later this year.
The deflationary tokenomics of $CHMPZ also make the asset an intriguing value proposition. Tokens spent on Chimpzee Passport NFTs are permanently burnt from circulation. Additionally, Chimpzee will burn unsold tokens from each presale stage, with 50 billion already burnt on July 19th.
Another 50 billion will be burnt once the presale hits $1 million raised. Lastly, 40 billion more tokens will be destroyed right before exchange listing.
As the total supply constricts over time, demand for the remaining tokens could rise, positively impacting the price. Major crypto influencers like Michael Wrubel have already begun promoting the project to their hundreds of thousands of followers.
With climate change continuing to make news headlines as temperature records tumble worldwide, eco-conscious crypto investors may want to look into the Chimpzee presale sooner rather than later. According to their website, 45% of the total $CHMPZ supply is available during the public presale event.
With only a few days remaining until the next presale price increment, the window of opportunity may be closing for investors to join a movement that allows earning while protecting endangered species and habitats.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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