Mi. Jul 24th, 2024

• Chimpzee has launched a wildlife conservation ecosystem that uses blockchain and NFTs to improve efficiency and transparency.
• The rapid climate change and human invasion of eco-sensitive areas are threatening the survival of many species around the world.
• Traditional wildlife initiatives lack transparency and engagement, which is why Chimpzee’s new model could excel in terms of protecting endangered species and mitigating climate change.

Overview

Chimpzee has launched a new wildlife conservation ecosystem that makes use of blockchain technology, non-fungible tokens (NFTs), and its own token CHMPZ to improve efficiency and transparency in the conservation space. The project will allocate 10% of its token supply and a portion of profits to organizations committed to the mission, along with incentivizing people to participate with rewards like NFT Passports.

Threats To Wildlife

Rapid climate change and human invasion of eco-sensitive areas are threatening the survival of a broad array of species around the world. According to NOAA’s 2021 Annual Climate Report, the average global land and ocean temperature has risen by 0.08 degrees Celsius every decade since 1880, while around one million animal and plant species are at risk due to human activity as per World Economic Forum reports.

Conservation As A Solution

Wildlife conservation presents an essential answer for mitigating climate change, since forests absorb about 2.6 billion tonnes of carbon dioxide each year – equivalent to one-third emitted by fossil fuel consumption – making it necessary for expanding & preserving forest cover on an urgent basis. However, traditional initiatives fail to recognize this need or face limitations in maintaining transparency & accountability; this is where Chimpzee’s new NFT-funded model can excel in protecting endangered species & reducing emissions.

Benefits Of Chimpzee NFT Passport Holders

Chimpzee NFT Passport holders will not only have collectible value but also gain passive income from CHMPZ coins as reward for their contribution towards conservation efforts. Additionally they will be eligible for more benefits & rewards recognizing their financial support such as creating personalized Chimpzee NFT Passports & owning their commercial rights.

Conclusion

Chimpzee’s new model combines blockchain technology with non-fungible tokens (NFTs) with innovative incentives towards participating in conservation initiatives & climate action plans that helps protect endangered species while reducing emissions into our atmosphere – thus providing an effective solution compared to traditional methods which lack transparency & engagement from public participation

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