IMPT, the ecological cryptocurrency has just raised 13 million dollars
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The concept of eco-investment is set to become one of the most dynamic sectors of the next decade. Against this backdrop, governments, organizations and individuals are striving to find solutions to the climate crisis.
One of the proposed solutions to this crisis comes from the new IMPT cryptocurrency project, currently in prevention. This aims to help fight global warming by giving businesses and individuals an easier way to reduce their carbon footprint.
The project, based on the ethereum protocol, will allow its users to buy, earn and own carbon credits. In just one month, he has already managed to provide $13 million in investment.
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The investment in carbon credits will be multiplied by 50.
Carbon credits already represent a significant market at the government and state level. Indeed, many countries impose strict mandates and legislation on how much carbon companies must neutralize.
However, at the recent summit on the COP27 climate in EgyptUN Secretary General Antonio Guterres stressed that there is still much to do, saying:
“Our planet is still in the emergency room. We need to drastically cut emissions now and that’s a question this Cop has not been deleted. The world still needs to take a giant leap forward in climate ambition.”
Much of the criticism was aired to United States and China, the two biggest polluters in the world. Both countries must do more to reduce their use of fossil fuels.
While the mandatory carbon credit market is revealed to be around $300 billion a year, the voluntary market is only worth $2 billion. However, Bloomberg estimates that over the next decade it will grow 50 times to $100 billion a year.
John Kerrythe US envoy to the climate summit called the next decade “crucial” in the fight against climate change, and the IMPT offers such a solution to help reduce its effects.
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What is IMPT?
The IMPT has established itself as one of the fastest growing cryptocurrencies in 2022. It offers a concrete solution to an extremely important real problem.
Essentially, IMPT will offer users the possibility to transform its native token into carbon credits. These could then be used to offset the carbon footprint of their holder.
Carbon credits in the form of NFTs
Carbon credits are securities that allow a holder to emit carbon into the atmosphere in exchange for funding green projects around the world. The value of one carbon credit corresponds to one ton of carbon dioxide.
Users buy IMPT tokens to acquire carbon credit NFTs. Then, they select an ecological project to finance, and can then burn the NFT to offset their carbon footprint.
NFT carbon credit holders may also choose to sell them for profit or hold them as a long-term investment.
Holders who burn their NFT carbon credits not only compensate their carbon footprintbut otherwise receive another NFT in return, which they can also hold as an investment or sell for profit.
Outside, IMPT will use blockchain technology to reduce fraud in the carbon credit market.
NFTs being hosted on an immutable and transparent ledger, fraudulent activities, such as the creation of false carbon credits and double counting will be reduced. Remember that double counting is an operation during which two companies claim ownership of the same carbon credit,
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Earn IMPT tokens by shopping
Apart from purchasing IMPT tokens to be converted into NFT carbon credits, users can also earn by doing their regular classes.
IMPT has entered into affiliate partnerships with thousands of globally recognized merchants and brands that will offer buyers IMPTs as a percentage of the sale.
SamsungMicrosoft, LEGO and Macy’s are among the brands that have already forged partnerships.
Consumers can then make more ecological choices by favoring brands that grant a higher return rate. In addition, the IMPT will hold a Bulletin board to track the carbon neutralization efforts of individuals and businesses.
As mentioned above, IMPT is currently in the prevention phase and has to date counted 13 million dollars of investments.
In its first phase, the pre-sale organized in three stages sold out four weeks earlier than expected. In just three weeks, $11 million have been collected.
At the time, the the tokens were on sale at a price of $0.018, but their price has now risen to $0.023 for phase 2. During phase 3, their price will rise again to $0.028.
This represents a 55% increase from Phase 1 and a 22% increase from the current price, which therefore means thatbuy IMPT tokens now.
IMPT can boast of being audited and KYC verified by CoinSniper, while the project also had its smart contract strategy verified by Hacken. Thus, the project is well covered in terms of security.
The IMPT project has 3 billion tokens in total and 1.8 billion or 60% was sold during the presale. The tokens do not have a vesting period and their value is capped at around $45 million.
During a private sale, nearly 10% IMPT tokens were sold to early investors, while 15% will be reserved for ecosystem development, 10% for marketing and the remaining 5% for the team.
Investors can read the IMPT white paper for more details and join the Telegram group for the latest news.
How to buy IMPT
IMPT is now in phase 2 of its presalewith tokens on sale for $0.023.
Read our complete guide on how to buy IMPT tokens.
Investors should also note that there is an ongoing competition where three winners will share $100,000 of IMPT tokens. For this, they will have to complete various tasks on social media.
Participate in the prevention of IMPT
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