The Chimpzee NFT Passport sale has been officially announced to commence on April 16th, with whitelisted users having the opportunity to purchase them a day earlier.
The Chimpzee community is now buzzing with excitement as the NFT Passports provide the opportunity to earn a maximum passive income on the Web3 platform. A special promotion reserved only for NFT holders will provide them with an opportunity to win a number of prizes with a top prize of $10,000 USDT for just holding the NFT Passport.
Chimpzee is a meme coin that aims to show how Web3 can be used for a good cause. It raises funds for organizations that help save animals and protect the environment while providing a route to passive income through its products.
With the NFT Passports going on sale this month, traders believe there will be a $CHMPZ price pump as buyers will purchase the NFT using their $CHMPZ tokens, which will also be burnt.
Chimpzee Announces NFT Sale For April 16th: Earn Higher Rewards
Chimpzee is in the process of putting the collection together now for the April 15th Whitelist event followed by the public launch on April 16th!
These NFT Passports will provide you with an opportunity to earn up to 20% APY if you stake them and will make you the VIP of the… pic.twitter.com/q832tTTRAw
— Official Chimpzee Project (@RealChimpzee) April 1, 2024
Chimpzee has announced that the public sale for its NFT Passports will commence on April 16th, with whitelisted buyers having the chance to buy them a day earlier.
The Chimpzee NFT Passport is essential to earning the most passive income from the ecosystem, providing holders unique benefits and discounts.
In addition, those staking their Chimpzee NFT Passports will also receive a 20% APY.
The NFT Passports provide the following benefits for holders:
- Higher $CHMPZ rewards and an exclusive discount in the Chimp Shop.
- An increased cut of the trading fees generated on the NFT Marketplace.
- A discount on the NFT Marketplace fees.
- Discounted advertising on the platform.
- Higher rewards in the Zero Tolerance play-to-earn game
- A staking reward for those staking the NFT Passport
- VIP access to events, airdrops, and special promotions in the ecosystem.
Plus an opportunity to win a number of prizes with a top prize of $10,000 USDT reserved only for NFT Passport holders.
As you can see, they’re vital to earning the most income from the ecosystem and are expected to sell out quickly.
What is Chimpzee?
Chimpzee is a wholesome Web3 project designed to show the world that the crypto industry can be used for noteworthy causes by raising funds to contribute to charitable organizations that are making a difference.
At the same time, the platform caters to degens by offering four routes to earning a passive income through the following:
- Shop-to-earn
- Trade-to-earn
- Play-to-earn
- $CHMPZ Staking
The project saw immense traction throughout its presale as it consistently announced new donations to charitable organizations upon reaching certain milestones.
All of its donations are verified on-chain or through social media posts from the official accounts of the charities receiving them.
Some of the most notable donations include the following:
- $15,000 to WILD Foundation to help rangers protect the last herd of desert-adapted elephants.
- $20,000 to WILD Foundation to help protect the final few black jaguars in the Brazilian Rainforest.
- Over 21,000 trees were planted through One Tree Planted in the South American Rainforest.
- A donation to Forgotten Animals to neuter 240 cats and 180 dogs in war-torn Ukraine.
- A donation to Rainforest Rescue to protect 1,000 meters of the Australian Rainforest.
- A donation to WeForest to plant 5,000 trees in Tanzania.
Supply Shock Potential? 5 Billion $CHMPZ Token Sale Coming
With the announcement of the NFT Passports, traders are buzzing with excitement as they believe there’s a massive potential for a supply shock to occur.
The NFT Passports will be available to purchase using $CHMPZ tokens, providing exceptional utility.
In addition, all $CHMPZ tokens used to purchase an NFT Passport will be burnt, removing them from circulation.
As a result, the total $CHMPZ supply could fall from 8 billion tokens to just 3 billion $CHMPZ if all of the NFT Passports sell out.
Furthermore, with the majority of $CHMPZ tokens already staked in the ecosystem (5.7 billion are currently staked), traders believe that there’s a massive potential for a supply shock on the open market, meaning newcomers might struggle to buy $CHMPZ tokens at low prices.
Therefore, traders expect upward bullish pressure on $CHMPZ in the lead-up to the NFT sale – with further price hikes expected following the $CHMPZ burning.
Overall, the Chimpzee NFT Passports will be a game-changer for the wholesome Web3 project and will likely sell out quickly.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.