Can NFTs save the planet? Chimp shows the way
Gone are the days when NFTs were considered a threat to the environment. With the rise of sidechains and most blockchains moving to energy-efficient consensus mechanisms, the claim has lost its validity. Today, NFTs are rapidly becoming a tool for environmental protection. Chimps are a good example. The project’s NFT-funded wildlife conservation initiative allows users to contribute to conservation and climate measures while earning a passive income.
The new fundraising model not only benefits from the transparency of blockchain transactions, but also encourages people to contribute to the mission. Here’s a closer look at Chimpzee and how it brings more energy and efficiency to wildlife conservation.
An introduction to the chimp model of wildlife conservation
Chimpzee is a conservation project that allows participants to earn passive income while saving animals and fighting climate change. It aims to address the rapid climate change and human invasion of environmentally sensitive areas by unlocking the potential of blockchain technology. This is made possible by Chimpzee NFT Passports, which provide many benefits and rewards to holders, in recognition of their financial support.
Chimpzee allocates 10% of its token supply and a share of profits to organizations that align with its environmental mission. Crypto-incentivization increases the effectiveness and efficiency of the model. The Chimpzee ecosystem has three pillars – Chimpzee Shop, Chimpzee NFT Marketplace and Chimpzee Zero Tolerance Game. It uses the latest Web3 business models such as Play2Earn, Shop2Earn and Trade2Earn to bring more traffic to the initiative and improve retention rates.
Chimpzee has teamed up with initiatives such as TheGivingBlock (the go-to solution for non-profits seeking cryptocurrency donations), OneTreePlanted (focused on saving forests and planting trees) and the WILD Foundation (saving animals around the world since 1974).
CHMPZ serves as the native cryptocurrency of the Chimpzee ecosystem.
NFTs and wildlife conservation
For most people, NFTs are just newfangled works of art. For others, it is a quick and superficial scheme to make money. But it is more than popular media makes it out to be. The decentralized blockchain foundation of NFTs (non-fungible tokens) allows them to track the underlying asset’s ownership and transfer of ownership in a transparent manner. Here, the smart contract does the work of intermediaries and agencies, thereby reducing the time and costs involved.
Given that wildlife conservation and climate action are global initiatives, they need participation across national borders. As a result, they must face the inherent limitations of traditional fundraising, which relies on centralized systems. It lacks transparency, accountability and efficiency. Let’s face it. We need more than just random emails with cute pictures of baby animals to donate to environmental organizations. Pictures of baby animals certainly help. But how do we know that our money is being spent wisely? How do we know that the initiatives will follow through?
These are serious questions to consider when sending your money online to a wildlife initiative that you can’t walk into whenever you want. NFTs will solve the problem. They will allow you to track your money from home. The transactions recorded on a public blockchain are immutable and open to verification.
Why and how do chimps stimulate wildlife conservation?
Incentivizing wildlife conservation and climate change sounds fancy. Shouldn’t people donate to these causes because they want to save the planet? And not because they get rewards back? Sure, in an ideal world, that’s how things should be. But if we wait for everyone to realize the climate threat, it will be too late to reverse the damage. Statistics tell us how serious the situation is.
The average global land and sea temperature has risen by 0.08 degrees Celsius every decade since 1880, according to the annual climate report. One million animal and plant species are at risk of extinction due to human activities, according to the World Economic Forum.
There are several numbers that will scare you. But you get the drift. The gradual extinction of flora and fauna around the world is exacerbating climate change and vice versa. We must make conscious efforts to slow change and heal the planet. Unfortunately, few people contribute money or effort to a threat that they believe is remote. This is where financial and social incentives come in.
Chimpzee uses NFTs to build global awareness of its environmental initiatives. The funds secured from their sales go to credible organizations that help save endangered species and fight deforestation. To improve motivation and in turn participation, it provides passive income to NFT owners.
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The chimp ecosystem
Chimpzee has integrated the latest Web3 business models such as Shop2Earn, Trade2Earn and Play2Earn to enhance the effectiveness of its products. Here’s how they make a difference.
Shop2Earn – The chimp store
- Rewards users with CHMPZ coins every time they buy gear and accessories from the Chimpzee store
- Use the coins to get discounts or special offers within the ecosystem.
- A percentage of the profit from the platform is donated to organizations that focus on conservation and climate action.
- Chimpzee NFT Passport holders are eligible for special discounts and promotions.
Trade2Earn – Chimpzee NFT Marketplace
- Stands out with new profit sharing system.
- Distributes a share of trading fee profits to users who have a Chimpzee NFT pass or are actively trading on the marketplace.
- Chimpzee NFT Passport holders enjoy special benefits and benefits such as a larger share of the trading fees profit pool.
- Focus on NFTs launched by environmental initiatives. (Projects will be carefully assessed to reduce fraud and imitation.)
Play2Earn – Zero Tolerance Game
- Chimpsee’s main point of entertainment.
- Rewards users with CHMPZ coins when they reach certain milestones, providing an additional source of income.
- The name reveals the initiative’s “zero tolerance” for abuse of nature and our environment.
- Chimpzee NFT Passport holders have a competitive edge in the game, in honor of their early support.
How to participate in Chimpzee’s conservation program?
The best way to join Chimpzee’s conservation program is by investing in the NFT passes. They will give you many benefits in the ecosystem, including a wide variety of discounts. Since they are not available yet, you can join the CHMPZ pre-sale which is live and receive free bonus coins up to 100%. CHMPZ presale participants will also receive allocations and benefits in the NFT presale. The earlier you join the CHMPZ pre-sale, the higher the discounts. For example, Chimpzee Diamond NFT pass, which comes with stake APY of 20%, is only reserved for first-time buyers. Also, the discounts are higher in the early stages.
Chimpzee is considered one of the best NFT projects this year, due to its high market relevance and global use cases. It also opens up excellent investment opportunities as CHMPZ coins used to purchase Chimpzee NFT passes will be burned and taken out of circulation, with a burn potential of up to 10% of the total circulating supply.
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