2 Billion CHMPZ Tokens Will Be Burnt As Chimpzee Gets Set To Launch on P2B
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
Chimpzee (CHMPZ) has done so much to win the crypto community over and the excitement is palpable. The project’s presale has been a stunning success, with this eco-friendly token that has committed multiple charitable acts raising millions.
Now, the team has announced that the CHMPZ token will soon be listed on P2B. However, in an even more exciting bit of news, the total supply will drop to 25 billion as the team will burn an additional 2 billion tokens.
We give you all the information on this latest round of developments, including when the token will be listed on P2B.
Why Did Everyone Invest So Much In Chimpzee?
Chimpzee provides individuals with an opportunity to generate passive income while actively contributing to the fight against climate change and the preservation of wildlife. Alongside comprehensive plans for an ambassador program and community outreach initiative, Chimpzee has committed to donating 10% of the token supply and a portion of profits to organizations addressing these critical issues.
These initiatives, supported by project funds, aim to underscore the importance of raising public awareness and funding for conservation efforts, with notable partners including The Giving Block, Rainforest Rescue, WILD, and One Tree Planted.
To achieve its goals, Chimpzee offers various robust features such as Shop-to-Earn, Trade-to-Earn, and Play-to-Earn methods. These features empower users to actively contribute to the project’s overarching objectives while earning incentives.
Tailored for Bitcoin enthusiasts, Chimpzee highlights its shop, NFT marketplace, and Zero Tolerance Game. The NFT marketplace utilizes a portion of the trading fees for NFT trading, while the Chimpzee shop serves as a central hub for diverse goods and commodities.
Players can earn CHMPZ tokens by accomplishing eco-friendly objectives in the Zero Tolerance Game. Chimpzee NFT passport holders enjoy additional perks and have a big advantage over everyone else within the Chimpzee ecosystem, enhancing their potential for passive income.
Furthermore, Chimpzee will launch a smartphone app incorporating AI to create personalized Chimpzee AI avatars. This tool enables users to craft unique NFT passports and customized Chimpzee avatars.
All The Details on P2B Listing and the 2 Billion Burn
Chimpzee has some big news that we will reveal this week!
You are going to see what we have been working on to help provide another benefit to the Chimpzee Army!
Chimpzee raised over $2.7 million in its presale to be one of the top crypto presales of 2023 focused on saving… pic.twitter.com/X9ngkL0www
— Official Chimpzee Project (@RealChimpzee) December 26, 2023
There’s no doubt that the CHMPZ presale was a resounding success, with millions poured into the funding of this truly special token – over $2.7 million in fact. Investors were really moved by the project’s frequent efforts to save wildlife and the environment and they know very well that such initiatives will continue going forward.
The next big development that will take place is the listing of CHMPZ on P2B, which will happen on January 11. What’s more, the team will burn an extra 2 billion tokens before the listing, taking the total supply down to 25 billion. As such, the market cap at launch will be just under $50 million.
The first 1 billion tokens will be burnt at the 15-day mark, which is at the halfway point of the vesting period. The remaining 1 billion will be burnt at the end of the vesting period. This is truly a great way to reward all the Chimpzee investors who have supported the project thus far. Not to mention there will be a big burn event after the token is listed on exchanges. One more exchange has been confirmed – Bitmart, which will take place a few weeks after the P2B listing.
Chimpzee has proven to be the kind of project that the crypto community wants and it is clear there will be an even greater demand as the CHMPZ token gets listed on exchanges. We highly recommend keeping up with the project through its social media channels, as well as keeping an eye out for the listing on the P2B exchange.
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