ESG Investors Believe This Crypto Box 20x By 2023 – Carbon Credits On The Blockchain?
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Investors have been extremely excited about the new ESG crypto project IMPT, with analysts and forecasters expecting the initial token to make big gains in 2023.
Launched in early October, the project raised $11 million in just three weeks to sell out four weeks ahead of schedule as investors raced to get the token at the lowest price.
In stage 1, IMPT tokens were sold at $0.018 each and are now selling at $0.023, an increase of 27.7%, with the third and final stage to see another increase to $0.028 – 21.7% from the current price and 55% from step 1.
Investors bullish on IMPT
Investors are bullish on IMPT and consider it one of the best cryptos to buy now because it offers a unique, blockchain-based solution to one of the biggest problems facing the 21st century – the climate crisis.
The project will help ease global warming by transforming carbon credits into NFTs that can be bought and sold on a purpose-built marketplace or held as long-term investments.
Furthermore, users will be able to earn IMPT tokens – which can be converted into carbon credits – while trading through a network of affiliate partners.
The likes of Samsung, Microsoft, Amazon and LEGO are just a few of the tens of thousands of global retailers that will offer IMPT tokens.
Buyers can then make greener choices by purchasing from retailers that offer a greater percentage of sales in return.
Carbon credits are permits that allow holders – traditionally businesses – to emit a certain amount of greenhouse gases into the atmosphere when they finance conservation projects globally and compensate for carbon emissions.
One carbon credit is equal to one ton of CO2 and IMPT will further improve the market by using blockchain technology to reduce fraudulent activity.
With carbon credits placed on the blockchain in an immutable and transparent ledger, problems such as double counting – where two companies claim the use of the same credit – will be reduced.
Visit the IMPT Presale now
IMPT makes big announcements live
During an AMA session, IMPT CEO Denis Creighton revealed that the project had agreed to a major partnership with Gundmundur Sigbergsson.
The Icelander is the founder and CEO of the International Carbon Registry and has joined IMPT’s advisory board.
The project ensures that companies offering carbon credits comply with a comprehensive set of requirements and acts as a verifier and validator.
Speaking live, Creighton said: “Gudmundur Sigbergsson, the founder and CEO of the International Carbon Registry has joined our advisory board today.
“He will manage our carbon credit acquisition and will work extremely closely with our existing carbon credit team to ensure we deliver the best solutions for IMPT, for our programs and for the planet.”
Later in the AMA, Creighton suggested that large institutional adoption of the technology is also around the corner.
He added: “We have a growing interest now from different countries and organizations and we are already talking to a number of government organizations to try and offer a more effective alternative community to help deliver climate impact.
“The whole end-to-end product [the carbon credit market] is an opportunity for IMPT.
“This will be the first global loyalty solution, with one main goal – to get everyone to do more for the planet.”
The AMA covered a variety of topics about the project and is available in its entirety on YouTube and Twitter.
IMPT to 20x in 2023?
ESG – Environmental, Social, Governance – investing is a huge growth area with retail and institutional investors becoming more interested in spending their money on projects that make the world a better place.
While the mandatory carbon market is already huge—with state-run mandates to reduce pollution worth nearly $300 billion annually—the voluntary market is relatively small.
But while it’s currently worth around $2 billion annually, it’s an area that’s expected to grow exponentially in the coming decade.
Bloomberg estimates that the volunteer market could grow 50-fold over the next decade and be worth as much as $100 billion by 2030.
IMPT provides 20x gains is a great opportunity given the huge interest in the pre-sale, its unique protocol and the rapid growth of the voluntary carbon market.
With the token selling for $0.018 in stage 1, a 20x would mean the IMPT token reaching a price of just $0.36.
At the end of the presale, 70% of the maximum supply of 3 billion (2.1 billion) tokens will be released into the market with no vesting period, with the remaining tokens vesting for between one and three years.
That means for the token to reach $0.36 in 2023, it will need a market cap much lower than $1 billion.
Given its enormous utility and potential, it is not too difficult to imagine such a scenario.
The remaining tokens are divided between marketing the project (10% with a one-month lock and monthly earnings for one year), the team (5% with a 12-month lock and monthly earnings for two years) and the development of the ecosystem (15% of the maximum offer with six months of locking and monthly earnings for three years).
For more information on IMPT tokenomics, read through the whitepaper.
IMPT pre-sale details
IMPT is currently in stage 2 of its 3-stage pre-sale, with tokens on sale for $0.023 – as mentioned above, the price will increase to $0.028 in the final stage.
That means that while $100 will buy 4,347 IMPT in stage 2, the same price will only return 3,571 IMPT tokens in stage 3.
IMPT is developed by a doxxed and publicly facing team that has been KYC verified by CoinSniper.
The token’s smart contract is foolproof and has been fully audited by blockchain security firm Hacken.
Interested investors should also read our guide on how to buy IMPT tokens.
IMPT is also running a contest where three winners will share $100,000 of IMPT tokens.
More information and the latest news can be found on the Telegram group.
Visit the IMPT Presale now
