• Chimpzee has launched a new wildlife conservation ecosystem that utilizes blockchain and NFTs to increase efficiency and transparency.
• Traditional wildlife initiatives lack transparency and engagement as climate change continues to accelerate and human activities threaten the survival of species.
• The Chimpzee NFT Passport system incentivizes people to participate in conservation efforts, provides collectible value, offers passive income opportunities, and rewards holders for their financial support.
Overview
Chimpzee has launched a new wildlife conservation ecosystem that makes use of blockchain and NFTs in order to improve efficiency and transparency. The project will allocate 10% of its token supply and a portion of the profits to organizations that are dedicated to the mission. Chimpzee NFT Passport holders are eligible for more benefits and rewards, in recognition of their financial support. You can create personalized Chimpzee NFT Passports and own their commercial rights.
Climate Change Impacts
Rapid climate change is threatening the survival of many species around the world while also exacerbating climate change itself. According to NOAA’s 2021 Annual Climate Report, global land & ocean temperatures have risen by 0.08 degrees Celsius every decade since 1880; additionally, World Economic Forum reports state that one million animal & plant species are at risk due to human activity. Wildlife conservation is essential for mitigating climate change; forests absorb 2.6 billion tonnes of carbon dioxide each year – equivalent to one-third of fossil fuel consumption emissions – so preserving & expanding forest cover is critical for our future sustainability.
Challenges with Traditional Wildlife Initiatives
Traditional wildlife initiatives struggle with maintaining both transparency & accountability; they fail to recognize how distant threats often invoke little action from people which can be fatal if not addressed properly & quickly enough; these initiatives also lack engagement due to their inherent limitations within this area as well as other factors such as cost/time constraints or geographical barriers between contributors/beneficiaries, etc..
Chimpzee’s Model Benefits
The Chimpzee model seeks to address these shortcomings by providing an incentive-based platform: it uses blockchain technology along with Non Fungible Tokens (NFTs) in order to make transactions more transparent while allowing users access private information securely when needed; individuals who hold a Chimpzee NFT Passport receive more benefits & rewards in recognition of their financial contributions towards conservation efforts; owners may also gain passive income through CHMPZ coins which will be allocated from 10% of its token supply & profits generated from its network operations/services as well..
Conclusion
Chimpzee’s new model utilizing blockchain technology along with Non Fungible Tokens (NFTs) seeks to improve upon traditional wildlife initiatives by increasing sustainability through incentives such as collectible value, passive income opportunities, additional benefits&rewards for those contributing financially towards conservation efforts – all while maintaining data security&transparency when necessary via secure protocols on its platform.