CHMB Transparency Update

5 min readFeb 11, 2022

The Chumbi Valley team are hard at work building the game, developing partnerships, expanding the Chumbi ecosystem, and much more! In the meantime, we want to give our community confidence regarding the project tokens. Please see below details on the transactions, wallets, and status of Chumbi Valley’s main currency CHMB.

Staking (24%)

Main Wallet: 0xEFba0cDb081d851034c6dF2579affF21515f58b3
Note: This was the original CHMB wallet that most early transactions originated from. Now that all allocations have been organised, this has become the dedicated staking allocation wallet.
Status: Strategic distribution — CHMB stored in secure hardware wallet with Crypto-Keys® in bank storage.
Transaction Summary:
— Staking program initial rewards: https://bscscan.com/tx/0x432da721606248ba097b90953017b4e38d40c2d455aad853c4c6df8700c9e97e
— Staking program rewards adjustment: From Jan 19th to Jan 22nd, the 13 CHMB transactions from the main staking wallet (0xEFba0cDb081d851034c6dF2579affF21515f58b3) were all deposits into the 3 staking contracts. For more info please read this article here.

Play-to-Earn (21%)

Main Wallet: 0x763F66360DF6747E9e4A8F02CcaDaecdD6bC561c
Note: This wallet has not yet received locked tokens
Status: Locked vesting contract https://bscscan.com/address/0x95aa86a3238d75d1ee9d8db948d306b7599e9f37
Transaction Summary:
— Temporarily transferred into main vesting contract: https://bscscan.com/tx/0x18611a191db0a2cf2d802638373506ac3aa35323afe2f4af676ab4d73342b0ee
— Removed from temp vesting contract: https://bscscan.com/tx/0x6fa20245431ddfe3559670b2601845888f823bbb44fc741356cb3bda9d3d31ba
— Deposited into locked vesting contract: https://bscscan.com/tx/0x596290d5bc1ccd13fd0fbb708cacce33641431de0a6bf0bad0b477b8581826e7

Team (18%)

Main Wallet: 0x1f4989ca0536368223E884Ea924c01E96b0e1F81
Note: This wallet has not yet received locked tokens
Status: Locked vesting contract https://bscscan.com/address/0x95aa86a3238d75d1ee9d8db948d306b7599e9f37
Transaction Summary:
— Temporarily transferred into main vesting contract: https://bscscan.com/tx/0x18611a191db0a2cf2d802638373506ac3aa35323afe2f4af676ab4d73342b0ee
— Removed from temp vesting contract: https://bscscan.com/tx/0x6fa20245431ddfe3559670b2601845888f823bbb44fc741356cb3bda9d3d31ba
— Deposited into locked vesting contract: https://bscscan.com/tx/0x596290d5bc1ccd13fd0fbb708cacce33641431de0a6bf0bad0b477b8581826e7

Private Sale >$5K positions (14.86%)

Kucoin Internal Wallet: For the first 3 months of the vesting schedule, the larger private sale positions are managed by a highly experienced liquidation company (Liquidity Capital). LC will only action investor liquidation requests if the market conditions are favourable, to reduce the price impact on CHMB.
Status: 25% (3 months) of large private sale positions deposited in secure Kucoin account, managed by Liquidity Capital
Transaction Summary:
— Initial month 1 of investor tokens deposited into Kucoin account: https://bscscan.com/tx/0xcfd5eb0b64106b446fd7a11cbad8b0c03610ee9ca2fe3ba6beab0d7141213409
— Due to an investor adjustment, a small amount was returned to the project wallet: https://bscscan.com/tx/0xbd9c639dccaf7012f03a5fd8e50add131a66e73aed7a3aadb60d2dcbebc19969
— Month 2+3 of investor tokens deposited into Kucoin account: https://bscscan.com/tx/0x6ed953232f5fa687bb0b4778b420d01cf18bf0d30061a752286596c808a3e26b

Investor Vesting Contract: From month 4 onwards, larger investors can begin to claim their CHMB from the vesting contract which will unlock linearly over the remaining 9 months.
Status: 75% (9 months) of large private sale positions deposited in secure vesting contract: https://bscscan.com/address/0x389d1e034e72b46e062133ac30ca9feeabb031ad
Transaction Summary:
— Initial contract deposit: https://bscscan.com/tx/0x18611a191db0a2cf2d802638373506ac3aa35323afe2f4af676ab4d73342b0ee

Kucoin Partner Investor: Our Kucoin listing partner/investor has a separate vesting contract as part of the partner terms. This contract follows the private sale vesting schedule.
Status: Locked vesting contract: https://bscscan.com/address/0xa8fb519967e075a536f6cca888ab83b6dc66af8d
Transaction Summary:
— Initial contract deposit: https://bscscan.com/tx/0xce6a1cc41442fbfed4e2c73cf249015305e0fd0c3bab06309e8a4671e77e5fa6

Marketing (7%)

Main Wallet: 0x80AC1bB810514AFD09298229edd2d534aFb707F6
Note: This wallet has not yet received locked tokens
Status: Locked vesting contract https://bscscan.com/address/0x95aa86a3238d75d1ee9d8db948d306b7599e9f37
Transaction Summary:
— Temporarily transferred into main vesting contract: https://bscscan.com/tx/0x18611a191db0a2cf2d802638373506ac3aa35323afe2f4af676ab4d73342b0ee
— Removed from temp vesting contract: https://bscscan.com/tx/0x6fa20245431ddfe3559670b2601845888f823bbb44fc741356cb3bda9d3d31ba
— Deposited into locked vesting contract: https://bscscan.com/tx/0x596290d5bc1ccd13fd0fbb708cacce33641431de0a6bf0bad0b477b8581826e7

Liquidity (4%)

Main Wallet: 0xa712D524d601AF5782c6483f569C4798BC7B4e35
Status: Strategic distribution - CHMB stored in secure hardware wallet with Crypto-Keys® in bank storage.
Transaction Summary:
— Initial PCS + Orion DEX launch liquidity: https://bscscan.com/tx/0x5089ebd2c341b3f9ca1b4c947810b9a06e32aa73ed2e07cac1230819dde823f6
— Initial Kucoin launch liquidity: https://bscscan.com/tx/0x61df8090bb3cd56ea6c5e970f2b6ac618844fd38970e5b8ef20f2cad1c3e425d
— Additional PCS liquidity: https://bscscan.com/tx/0x5ce57f4a4ad5b1d39fd7224a8f445a0e337ee72a3b3b1e8f25549a0b75437d75
— Remaining liquidity allocation moved to dedicated liquidity wallet: https://bscscan.com/tx/0x95f3177ae85ac0137527346d736914aa33cf6ad0facc8ccdd1bed800ff0336d5

Advisors (General) (3%)

Advisor Vesting Contract: Starting 18th of March, our advisors can begin to claim their CHMB from the vesting contract which will unlock linearly over the remaining 18 months.
Status: Secure vesting contract: https://bscscan.com/address/0x389d1e034e72b46e062133ac30ca9feeabb031ad
Transaction Summary:
— Initial contract deposit: https://bscscan.com/tx/0x18611a191db0a2cf2d802638373506ac3aa35323afe2f4af676ab4d73342b0ee

Advisors (Lead) (3%)

Lead Advisor Vesting Contract: Our lead advisor vesting terms include 1 week cliff, 5% unlock, and then linear vesting for the remaining 20 months in our main vesting contract.
Status: Secure vesting contract: https://bscscan.com/address/0x389d1e034e72b46e062133ac30ca9feeabb031ad
Transaction Summary:
— Initial contract deposit: https://bscscan.com/tx/0x18611a191db0a2cf2d802638373506ac3aa35323afe2f4af676ab4d73342b0ee

Advisors (Kucoin) (2%)

Kucoin Advisor Vesting Contract: The Kucoin advisor vesting terms include 1 week cliff, 5% unlock, and then linear vesting for the remaining 20 months in a locked Kucoin vesting contract.
Status: Locked vesting contract: https://bscscan.com/address/0x8a8f1e38d9f6e992646ab8f37f10895f4efbf5f0
Transaction Summary:
— Initial contract deposit: https://bscscan.com/tx/0x8514bb651c4b42cbb65b8f051bc921a7108075bbb25db8a846e71446354f5b30

Kucoin IEO (1%)

Status: Kucoin managed vesting
Transaction Summary:
— Initial deposit: https://bscscan.com/tx/0x8514bb651c4b42cbb65b8f051bc921a7108075bbb25db8a846e71446354f5b30

Airdrop (Seed Chumbi Buyers) (0.83%)

Main Wallet: 0x3700183BF4A06B26C81b33C435C58fdf31a691f8
Status: Airdrop vesting contract under development — CHMB stored in secure hardware wallet with Crypto-Keys® in bank storage.
Transaction Summary:
— Initial deposit: https://bscscan.com/tx/0xb53343d9a45d79b7022f741b65b476a8f96ee184293234e753561f00d858f7d0

Private Sale <$5K positions (0.66%)

KOL Investor Vesting Contract: Smaller positions in our private sale were reserved for our KOL network. These investors have been able to claim from the vesting contract starting from the 24th of Dec 2021 onwards (following the private sale vesting schedule).
Status: Secure vesting contract: https://bscscan.com/address/0x389d1e034e72b46e062133ac30ca9feeabb031ad
Transaction Summary:
— 4 days of manual sending while the vesting contract was being finalised, starting with this transaction and the 3 following: https://bscscan.com/tx/0x257ec48594901f416804ca0e78e61fbf9d343d5aefcdcbff2c9bdbe1d747c031
— Initial vesting contract deposit: https://bscscan.com/tx/0x18611a191db0a2cf2d802638373506ac3aa35323afe2f4af676ab4d73342b0ee

Orion Protocol Solarflare (0.48%)

Status: Orion managed vesting (follows private sale vesting schedule)
Transaction Summary:
— Initial deposit: https://bscscan.com/tx/0x7c7da735c409167a851b2331ecdd3a3760a1984e15f3c695c38d86e4396cb0a5

Airdrop (community) (0.17%)

Early Campaign: 7,985,000 CHMB awarded in community prizes
Status: Secure vesting contract: https://bscscan.com/address/0x389d1e034e72b46e062133ac30ca9feeabb031ad
Transaction Summary:
— Initial contract deposit: https://bscscan.com/tx/0x18611a191db0a2cf2d802638373506ac3aa35323afe2f4af676ab4d73342b0ee

Remaining Allocation: 42,015,000 CHMB for future events
Status: Strategic distribution — CHMB stored in secure hardware wallet with Crypto-Keys® in bank storage.
Transaction Summary:
— Remaining allocation moved to dedicated wallet: https://bscscan.com/tx/0xa0df55ac38e8bd91335b7a0233e4f1329ff79e4a86ee9cb600331098f160fbfd

A Note To Our Community

Thank you all for your patience and continued support. We are truly so fortunate to have such an intelligent, kind, and active community. Our vision remains the same, to build Chumbi Valley, a relaxing and nostalgic video game that leverages blockchain to share revenue back to the players that directly contribute to its success. In fact, that is just the tip of the iceberg in terms of the full vision, the Chumbi ecosystem has some very exciting surprises in stall for you all, and they all involve the utilization of CHMB!

Thank you, big love from the Chumbi Valley team 💚

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