Analysts say the blockchain could be part of the solution to climate change – this new project is delighting investors
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The IMPT pre-sale has now raised over $13.2 million in funding, just over a month since its inception. This number puts the Ethereum-based carbon credit marketplace on course to reach its overall goal of $25.98 million, with the market’s growing appetite for ESG investing helping it gain momentum.
At the time of writing, the sale is currently offering 1 IMPT at a price of $0.023, but this should rise to $0.028 as it enters its third and final phase. From there, IMPT will eventually list on exchanges, which should give it a big price boost and help investors turn a profit.
Analysts say the blockchain could be part of the solution to climate change – this new project is delighting investors
Investors can join the IMPT presale by going to IMPT.io and connecting their Wallet Connect or MetaMask wallets. They can use either ETH or USDT to purchase the IMPT token, which will have a total maximum supply of 3 billion, with the pre-sale offering 60% of this amount to the community.
Increasing numbers of investors have taken the opportunity to participate in the sale, which began on October 3, and has passed a number of milestones on its way to raising over $13 million. It raised $150,000 in the first 24 hoursbefore you reach $550,000 within 48 hours, 1 million dollars within 72 hours, 2 million dollars within five days, 3 million dollars in one weekand also 4 million dollars in 11 days.
IMPT has its fundamentals to thank for being able to attract such a large investment in such a short time. Running on the Ethereum blockchain, it will enable consumers to shop via a network of “thousands” of retail brands, all of which donate a portion of their revenue to environmental initiatives.
As such, users will be able to support the development of environmentally friendly activities and projects by spending money online. At the same time, they will receive the IMPT token as a reward for purchasing goods through the IMPT platform, with these tokens enabling them to obtain NFT-based carbon credits.
Once acquired, these credits can be traded on IMPT’s marketplace, while they can also be retired. This means they will be taken out of circulation and used to increase a user’s IMPT.io score, which tracks his or her carbon footprint and environmental impact.
The use of rewards will motivate consumers to shop in a more environmentally conscious way, choosing brands on IMPT’s platform over retailers elsewhere who may or may not support green projects. On top of this, IMPT’s use of the Ethereum blockchain will help make the market for carbon credits more transparent, as its NFT-based carbon credits will be visible on Ethereum.
In fact, opacity has been a problem for the carbon offset market for several years. And it is because IMPT promises to help rectify this that it has helped attract ESG-minded investors.
After the pre-sale
Although IMPT has yet to announce any IPOs after the pre-sale ends, there is little doubt that these will be confirmed soon enough, especially given how much sales have already increased.
And when listings arrive, early investors should be in line for some market-beating gains. In fact, many presale coins have continued to beat the market comfortably this year, with Tamadoge (TAMA) rising as much as 1800% after listing, and with Battle Infinity (IBAT) increasing 260% in August compared to the presale. price of $0.015.
And with IMPT having at least as strong fundamentals as the two projects above, its initial token could make some significant gains when it goes public next year. It could also help thousands of people (if not more) reduce their carbon footprints and have a positive impact on the Earth’s environment.
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