With only hours remaining in the presale, the sustainable cryptocurrency IMPT has raised over $18.6 million, with $1 million per day coming in in the final days as crypto experts and influencers spread the project's virtues online.
IMPT.io will connect shoppers globally with environmental projects supported by numerous retail brands. Each time a user makes a purchase through IMPT, money is donated towards climate change solutions and shoppers gain rewards.
Crypto Experts Weigh in on Top Sustainable Crypto Presale
'CryptoHeroesLIVE', one of Germany's top crypto analysts, reviewed IMPT as a high-potential project yesterday when the presale had brought in $17.1 million. Then India's top cryptocurrency influencer 'Wise Advice' posted a video later in the day when the presale had raised $17.3 million.
Then, CryptoNews analyst Jacob Bury posted an IMPT update today when IMPT was close to raising $18 million dollars.
"I'm very, very bullish on everything in the ecosystem," Bury said in the video update. "Tokenomically it's amazing, the white paper looks great, the VCM (voluntary carbon market) is expected to grow massively by 2030, and of course, investing in the IMPT token means you're really aligning your investment decision with your moral framework. It's really good to know you're participating in something that is helping save the planet."
On Friday, the IMPT team delivered a keynote speech at the World Blockchain Summit in Thailand. That presentation may have caught the attention of crypto whales as new token presales that feature a fully doxxed and professional team often perform well not only during an IEO but also in the long term.
On Saturday night, as news of IMPT continued to spread internationally, investors poured an additional million dollars into the presale.
IMPT will list on exchanges at $0.0253 USD, 10% higher than the final presale price. IMPT token holders will be able to trade their tokens on LBank and Changelly soon after the end of the presale, with more listings currently being finalized.
How the Blockchain Helps IMPT Improve Carbon Credit Trading
Fraud and double-counting problems within the carbon credit system can be resolved by using blockchain technology to mint credits into NFTs. The ownership addresses of these credits would then be stored on a decentralized ledger, preventing anyone from forging or tampering with them. In addition, retired or burned carbon credit NFTs could be removed from circulation permanently through token-burning, which would make it impossible for someone to resell them. By attaching cryptographic proof to each NTF/token, IMPT creates an immutable record that is virtually impossible to counterfeit.
Carbon Credit Markets are Exploding
Carbon markets are thriving as people globally become more aware of the need to fight climate change. In 2021, approximately 500 million credits were traded at an average price of $4 per ton - a 60% increase from 2020 levels. The total carbon market was worth $271 billion in 2021--an incredible 128% jump from 2008 numbers. Even voluntary carbon offsetting has reached new heights, increasing four times over to reach $2 billion in just one year. Experts predict that by 2050, this number will grow to a staggering $50 billion.
We need an efficient solution to trade carbon credits on the carbon market, and IMPT is in the ideal position to provide that platform.
Sustainable Cryptocurrency IMPT Addresses Huge Gap in Carbon Markets
IMPT may be a crucial part of the solution to global climate change, allowing people to easily buy and trade carbon credits while offsetting their emissions. The blockchain technology it employs makes it more secure and transparent than traditional carbon markets, and as the demand for such services grows, IMPT is in a prime position to become the leading platform for trading carbon credits.
With only hours left until the presale ends, now is the perfect time to jump in and get involved in a sustainable crypto investment that can help diversify your investment portfolio while also contributing towards a better tomorrow.