While the cryptocurrency markets have corrected throughout 2022, IMPT has emerged as one of the best cryptocurrency presales of the year. A sustainable project with the goal of reducing carbon emissions, IMPT is offering its Ethereum-based token and NFT protocol to users.
After already collecting more than $14 million during the presale, analysts predict IMPT to increase by over 10x after its upcoming Initial Exchange Offering (IEO) on market-leading decentralized exchange Uniswap.
The presale has been cut short and will now end on December 11, 2022, before its IEO on exchanges including LBank and Uniswap on December 14 – meaning investors have less than a week to secure IMPT tokens at presale prices before its expected surge after listing.
What is IMPT?
IMPT is a groundbreaking new cryptocurrency platform that aims to enter the carbon offsets market to play a vital role in reducing carbon emissions. On the IMPT whitepaper, the platform states that the carbon offset market in 2021 had a market cap of approximately $271 billion – but the voluntary market was just $2 billion.
By 2025, the demand for this market is expected to rise by 20-fold and could be as much as 50-times by 2030, according to Bloomberg. As demand increases, IMPT’s goal is to offer Carbon Credits transparently and fairly. IMPT, the native cryptocurrency of this platform, will be leveraged to purchase tokenized versions of Carbon Credits.
The tokens have been minted as ERC-20 tokens on the Ethereum blockchain. After Ethereum switched from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus it has managed to reduce its carbon footprint by over 99.99%, making IMPT one of the most sustainable crypto investments.
Furthermore, all the tokens and the tokenized assets will be stored on a distributed ledger which anyone can view, reducing fraudulent activities such as double counting.
The main goal of IMPT is to distribute the native cryptocurrency to incentivize users to purchase tokenized versions of Carbon Credits. Through a social trading and a shopping platform – IMPT will collaborate with businesses and shoppers who are looking to reduce their carbon footprint.
But first, let’s take a look at how the Carbon Credits can be accessed.
Get Carbon Credit NFTs on a Sustainable Shopping Platform
One of the main features of IMPT will be an online shopping platform – which brings thousands of businesses and shoppers together. IMPT has announced that the platform will host some of the biggest global retailers, including Amazon, Microsoft, Samsung, Gamestop and many more.
On the other end of the spectrum are the shoppers – who can earn IMPT tokens simply by connecting with their favorite brands. IMPT connects with some of the top carbon offset projects after choosing them through a tight vetting process.
The businesses that collaborate with IMPT can contribute to these offset programs by contributing a portion of their sales margin. Once a shopper buys a product on the online platform, the sales margin that a business has contributed is offered to the individual in the form of IMPT tokens.
A user can keep increasing their holdings by purchasing with the available brands or by directly buying IMPT on the platform via Transak – which allows one to buy cryptocurrencies with fiat payment options.
After accumulating a certain amount of IMPT tokens, a shopper can swap their IMPT for Carbon Credits – which are permits that represent a certain amount of Carbon Dioxide emissions to be removed from the atmosphere. On IMPT, these Carbon Credits have been minted as NFTs on the Ethereum blockchain and each Credit represents 1 ton of CO2 emissions.
IMPT itself will play a part in the emissions market. By 2030, IMPT aims to become a carbon-neutral company and will continuously work to reduce greenhouse gas emissions. The platform will track and compensate for their carbon emissions through the carbon offsetting program.
Retire Credits to Earn Free NFTs and Other Rewards
The IMPT platform rewards those who contribute to reducing their carbon footprint. Firstly, IMPT will track a business and individual’s progress through their social trading platform.
Businesses are awarded points on the social trading platform depending on the percentage of sales margins they offer.
Accordingly, shoppers can pick their preferred businesses to earn more sales margin, and more IMPT tokens. A shopper is awarded points every time they shop with one of the available retailers and for collecting IMPT.
Individual’s can also earn points on the social trading platform by buying and retiring Carbon Credit NFTs. While one can also trade the Carbon Credits on IMPT’s marketplace, retiring the Credits will effectively remove the emissions they represent since the asset will no longer exist on the blockchain.
By doing so, IMPT will offer a new NFT which has been minted on the blockchain. Moreover, they will also be part owners of the new NFT, along with the original creator of the artwork, these NFTs can then be traded on the secondary marketplaces or held as investments.
By staking tokens, users will also have the opportunity to join the platform’s DAO (Decentralized autonomous organization). The DAO will give you voting and decision-making rights on the development of the platform.
This form of collaborative governance will be appealing to investors looking for true decentralization and autonomy. To access all of these features and rewards, users can invest in the IMPT presale now.
Join the Successful IMPT Presale Before it Ends on December 11
This popular cryptocurrency is currently available to buy on presale for just $0.023 per token – but those prices won’t last long as it is already one of the best cryptos to buy under $1.
After the presale launched in October 2022, the token was initially priced at $0.018 during the first stage and in just a three weeks, 540 million tokens were sold – raising more than $10 million and seeing the phase 1 allocation sell out a month ahead of schedule.
Now, IMPT is about to complete its presale on December 11, 2022.
IMPT has managed to raise over $14 million – selling more than 740,000 tokens in the process. With just a few days left before the presale ends, interested readers can buy IMPT before a potential price increase.
Presale tokens have no vesting period and any unsold phase 2 tokens will be burned, while the phase 3 presale allocation will be locked for 12 months.
On December 12, all the tokens will be made available to claim for presale investors on the IMPT presale website. The token will finally be listed on a popular cryptocurrency exchange 48 hours later.
Analysts Predict a 10x Price Increase for IMPT following the IEO
On December 14, 2022, IMPT will be listed on Uniswap – a popular decentralized exchange (DEX) that hosts more than 4.5 million users globally.
Analysts and investors are eagerly waiting for the Initial Exchange Offering as IMPT has the potential to offer huge gains.
Sitting at a current market cap of $14 million, IMPT has massive growth potential. In 2022, the overall cryptocurrency markets corrected by over 60% – in the same time period, IMPT has managed to raise nearly $15 million, such is the excitement around the project.
Popular analysts have also predicted that this sustainable cryptocurrency could show more than 10x growth after the token goes live.
Currently sitting on just a $14 million presale cap – a 10x price would see the token be worth at least $140 million. Such a number is not impossible given the token’s contribution to environmentally friendly causes and robust tokenomics.
The IMPT whitepaper states that IMPT has a maximum supply of just 3 billion tokens.
Furthermore, as IMPT is swapped to purchase Carbon Credits, the tokens will be removed from the blockchain. Such deflationary tokenomics can be competitive to maintain demand against the supply.
To stay updated with the presale and new project updates, join the IMPT Telegram Channel now.
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