This new green crypto has raised over $2.1 million this week
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IMPT is a brand new project that tries to use blockchain technology to make the world more sustainable. It is an excellent nominee for this year’s “greenest” cryptocurrency.
After just five days of the presale, the project’s native currency, the IMPT token, has already raised an incredible $2.1 million.
1 IMPT is equivalent to $0.018 in the first presale phase and the network has already sold 109 million tokens.
IMPT – Best ESG Friendly Crypto to Buy Today
By obtaining carbon credits, which correspond to 1 tonne of carbon, individuals and companies can reduce their impact on the environment through IMPT. To solve the problems that the sector is currently facing, IMPT has decided to tokenize carbon credits.
This will eliminate any issues with double-spending tokens and greatly increase the transparency of the industry. There are several options for obtaining carbon credits. First, you can get them from the IMPT market.
However, IMPT has partnered with over 10,000 brands to award users purchase-only IMPT tokens, making it possible for anyone without access to a cryptocurrency exchange to get their hands on some. Carbon credits can be bought and exchanged with these tokens.
IMPT uses NFTs for carbon credits
With IMPT, NFTs can be used in a completely new context: as a form of carbon offset. Putting carbon credits on a blockchain makes them much harder to counterfeit than any other method.
The public nature of the ledger makes it extremely difficult for carbon credits to be misused in any significant way. It also ensures that they are transparent at all times, none of which would be feasible without this system.
IMPT Marketplace
Carbon credits can be bought, sold and withdrawn on the IMPT carbon market. To create a market for carbon credits, NFTs are created. When used in carbon markets, blockchain technology eliminates the chance of double counting and fraud.
An independent auditor checks all carbon credits on the IMPT platform to ensure that they were generated according to the global certification protocols.
Issuers and holders of carbon credits must complete a Know Your Customer (KYC) process. In addition, the carbon trading platform IMPT operates on three levels:
First level
- Tokens for the IMPT platform can be obtained by anyone at Level 1 using cryptocurrency or fiat currency.
- The user can save these IMPT tokens and then use them to buy carbon credits.
- The blockchain-based NFTs will replace the carbon credits.
Second team
Users can trade and sell their carbon credit tokens on the market. Only IMPT tokens can be used to pay for goods and services, and users can either burn their carbon credit tokens to reduce their carbon footprint and see an impact immediately or hold the tokens as an investment.
Third layer
Users can buy and sell valuable NFTs obtained by burning carbon credit tokens in the third and final level. The user who burned the carbon credit tokens and the artist who designed the collectible NFT would each own a unique piece of art.
Visit IMPT today
If you want to buy IMPT tokens, you’re in luck because the IMPT presale is still going on. However, the IMPT pre-sale appears to have completely sold out well before the scheduled end date of November 25th.
Join their social community channels and groups to learn more about the project.
