Chimpzee Becomes Top Passive Income Option In 2024 With 40% APY While Raising Funds For Charity.

Why Trust Techopedia

Chimpzee is quickly becoming the top passive income option in 2024 after announcing that it raised its staking return to 40% APY.

The staking feature now adds another route to earning a passive income from the ecosystem, bringing the total avenues up to four.

The other three are through the ecosystem’s shop-to-earn, trade-to-earn, and play-to-earn products.

The best part is that all these passive income routes help raise funds for charitable organizations, with a long list of proven donations already under Chimpzee’s belt.

Chimpzee Becomes Top Passive Income Option Following Extraordinary Presale

After an extraordinary presale, which raised a whopping $2.7 million, Chimpzee is ready to become the top passive income project in Web3.

The meme coin is one of the industry’s most wholesome projects, as it provides multiple avenues for people to earn a passive income while making positive contributions to the world by saving animals on the brink of extinction and preventing deforestation.

Advertisements

The project offers three routes to a passive income through the following products:

  • Chimp Shop – shop-to-earn
  • NFT Marketplace – trade-to-earn
  • Zero Tolerance game – play-to-earn

All three products provide participants with a passive income while simultaneously raising funds for charity.

Furthermore, those holding a Chimpzee NFT Passport are entitled to the following perks;

  • Elevated rewards and an exclusive discount in the Chimp Shop.
  • An increased share and a discount on the fees on the NFT Marketplace.
  • 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.

The Chimpzee NFT Passports are a top priority for the team, and the team is expected to release them soon.

Additional Income: Chimpzee Raises Staking Returns to 40% APY

The staking feature adds the fourth route to earning a passive income in the ecosystem.

Staking for $CHMPZ was announced during the project’s vesting period as a way to give back to the community and give token holders the opportunity to earn more $CHMPZ.

Initially launched with a maximum of 30% APY, Chimpzee announced they raised the max staking return to 40%.

The announcement caused a flurry of $CHMPZ holders to stake their tokens, attracting over 3.7 billion $CHMPZ staked.

A total of over 11 million $CHMPZ has already been paid in rewards, with 1.98 billion $CHMPZ left to distribute.

Trustless Donation Process With Necessary Verification

One of the main goals for Chimpzee is to prove to the world that meme coins and Web3 can be used for wholesome reasons beyond greed and speculation.

The project makes consistent financial contributions to charitable organizations actively working to help prevent animal extinction and deforestation.

Chimpzee has made a string of charitable donations during its presale stage, all of which are verified through on-chain data or official social media channels for the charities involved.

Some of the notable donations made so far 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.

A complete list of donations can be found on the project’s website.

This is just the start for Chimpzee. Further consistent donations are expected to flow once the ecosystem’s products go live for $CHMPZ holders.

BitMart Listing Next – Tier-1 Exchange Coming

With $CHMPZ officially trading, the team is working on expanding the exposure for traders with multiple exchange listings.

The following exchange listing will see $CHMPZ officially launched on BitMart, with an announcement for the date expected shortly.

In addition to further exchange listings, Chimpzee is working on getting the NFT Passports live and launching its ecosystem’s shop-to-earn and trade-to-earn components.

Overall, Chimpzee is heading into a bright future as it shows the world that Web3 can be utilized as a force for good by positively impacting the world. If you’ve been searching for a passive income, you don’t need to look further than $CHMPZ in 2024.

Advertisements
Advertisements
Viraj Randev
Editor
Viraj Randev
Editor

Based in Wembley, England, Viraj graduated from the University of Surrey before pursuing an internship at DBS Bank in New Delhi. Following that experience, Viraj pivoted to a personal passion - creative writing - quickly becoming a top-rated Upwork freelancer and gaining further experience on OwlRatings. Currently Viraj is now part of the Techopedia team lending his knowledge of the financial markets to the site, reviewing trading platforms and offering tips for beginners to investing. In his spare time he also enjoys script writing.