these tokens would have no regulatory issues
Governments and policy makers are tightening their grip on the crypto industry. China may have shocked the industry with a sweeping ban, but that is not the case everywhere in the world. Most governments are willing to investigate the potential of cryptocurrencies in the economy. The aim is to curb fraud and blanket fraud while promoting growth in the industry.
So not all cryptocurrencies are in danger of falling into regulatory hot water. Here are four cryptos likely to get a quick green light from the law and why.
1. Ethereum
Bitcoin was the first cryptocurrency. But Ethereum was the first to explore meaningful cryptocurrency use cases beyond the exchange of value. It was the first to introduce blockchain smart contract capabilities and build a global infrastructure for decentralized applications. Ethereum is one of the most established crypto projects out there.
Ethereum is the world’s second largest cryptocurrency
The project has evolved over the years to address its security, scalability and security issues. Although Ethereum was constantly criticized for its high energy consumption and carbon footprint, the recent ETH merger has brought both to almost zero.
Ethereum’s energy consumption over the years, Source: Digiconomist.net
There is no reason why Ethereum should be in trouble in a positive regulatory environment.
2. IMPT
As discussed above, the unfair energy consumption of cryptocurrencies and blockchains in general continues to be a major cause of concern for policy makers. This is where IMPT comes in. The Web3 ecosystem connects credible environmental initiatives with businesses and individuals who want to reduce their carbon footprint.
IMPT’s focus on ease of use and engagement sets it apart from other green tokens:
- Anyone can buy, sell and withdraw carbon credits on the IMPT market.
- Carbon credits are converted into NFTs on the platform, thereby eliminating the risk of double spending and fraud.
- IMPT shopping app allows users to earn IMPT tokens while shopping, which can then be converted into tokenized carbon credits. The platform has already partnered with global retailers who will set aside a percentage of the sales margin for the program.
- The key feature of the ecosystem is the social platform IMPT, where users can track their carbon offsetting performance.
It is clear that this is the kind of project we need more of. The possibilities of IMPT collaborating with governments in the fight against climate measures and global warming cannot be ruled out either.
IMPT is currently holding a pre-sale for its original token at a heavily discounted price. Crypto investors quickly stock up on tokens before the price rises on IPOs. The token is also predicted to climb 50X next year.
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Pre-industrial CO2 levels were around 280 parts per million (ppm). Today we are close to 420 ppm. ❌
BE PART OF THE SOLUTION! ♻️♻️♻️
Join #IMPT Today!
👉 https://t.co/3Yqgxt425Z#Climate changes #bethesolution pic.twitter.com/SKEX9XzEVG— IMPT.io (@IMPT_token) 11 October 2022
| Pre-sale – 1 | 600,000,000 tokens (20%) | $0.018 |
| Advance sales – 2 | 660,000,000 tokens (22%) | $0.023 |
| Advance sales – 3 | 540,000,000 tokens (18%) | $0.028 |
IMPT pre-sale overview
Buy IMPT now
3. Polka dot
Polkadot is another pioneering blockchain project that is on a mission to form a truly interoperable decentralized web. The infrastructure’s dedication to safety and security makes it a favorite among developers.
Utility of DOT
It is the first of its kind multi-chain environment where cross-chain registers and cross-chain calculation are possible. Interoperability is at the heart of the project. As a result, it is one of the best blockchains suitable for the healthcare, insurance and real estate sectors.
Polkadot still has the largest active developer ecosystem outside Ethereum, with almost 3 times more weekly commits than the second largest ecosystem according to @MessariCrypto.
Shout out to the developers who are actively helping to make Polkadot’s multi-chain vision for Web3 a reality. pic.twitter.com/r9lNDwZJk0
— Polkadot (@Polkadot) 3 October 2022
With blockchain visionaries like Gavin Wood at the helm, Polkadot has a long way to go.
4. USDC
Remember the time when the USTC depegged and most of the crypto industry went down with it? Even major stablecoins like USDT were not spared. But the USDC weathered the storm like a rock.
USDC 1-year price chart, October 15, 2022, Source: CoinMarketCap
The stablecoin pegged to the US dollar is backed by a robust reserve in a mix of cash and short-term US government bonds. Whether it’s volatility or regulations, USDC is one of the safest cryptocurrencies to buy right now.
Image by succo from Pixabay
