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The concept of eco-investment is destined to become one of the most dynamic sectors of the next decade. In this context, governments, organizations and individuals are working to find solutions to the climate crisis.
One of the solutions proposed to this crisis comes from the new IMPT cryptocurrency project, currently on presale. This aims to help fight global warming by giving businesses and individuals an easier way to achieve it 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 raise $13 million in investments.
The investment in carbon credits will be multiplied by 50.
carbon credits they already represent a significant market at the government and state level. In fact, many countries impose strict mandates and laws 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 a long way to go, saying:
“Our planet is still in the emergency room. We need to drastically reduce emissions now and that’s a question that this policeman he didn’t address. The world has yet to make a huge leap in climate ambition.”
Much of the blame has been aimed at United States and China, the two biggest polluters in the world. Both countries need to do more to reduce their use of fossil fuels.
While the mandatory carbon credit market is estimated at $300 billion a year, the voluntary market is only worth $2 billion. However, Bloomberg estimates that over the next decade it will grow 50-fold to $100 billion a year.
John Kerrithe 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 mitigate its effects.
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, IMP will offer users the possibility to transform their native token into carbon credits. These can then be used to offset their holder’s carbon footprint.
Carbon credits in the form of NFTs
carbon credits they are securities that allow a holder to emit carbon into the atmosphere in exchange for funding green projects around the world. The value of a carbon credit corresponds to one ton of carbon dioxide.
Users buy IMPT tokens to acquire NFTs of carbon credits. Then, they select a green project to finance and can then burn the NFT to offset their carbon footprint.
NFT carbon credit holders he may also choose to sell them for profit or hold them as a long-term investment.
Holders who burn their NFT carbon credits don’t just compensate their carbon footprintbut otherwise receive another NFT in return, which they can also keep as an investment or sell for profit.
Furthermore, IMPT will use blockchain technology reduce fraud in the carbon credit market.
NFTs 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 where two companies claim ownership of the same carbon credit,
Earn IMPT tokens by making purchases
In addition to purchasing IMPT tokens to convert into NFT carbon credits, users can also do so win by doing the usual shopping.
IMPT came in affiliate partnerships with thousands of globally recognized merchants and brands offering buyers IMPT as a percentage of the sale.
SAMSUNGMicrosoft, LEGO and Macy’s are among the brands that have already formed partnerships.
Consumers can therefore make greener choices by choosing brands that offer a higher rate of return. Furthermore, the IMPT will keep a register to monitor the carbon neutralization efforts of individuals and businesses.
As mentioned above, IMPT is currently in the pre-sale phase and has raised $13 million in investment to date.
In its first phase, the three-stage pre-sale 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 over Phase 1 and a 22% increase over the current price, meaning therefore thatbuy IMPT tokens now.
IMPT can boast of being audited and verified by KYC CoinSniper, while the project has also had its smart contract strategy fully controlled by Hacken. Therefore, the project is well covered in terms of security.
The IMPT project has 3 billion tokens in total and 1.8 billion or 60% were sold during the presale. Tokens do not have a vesting period e their value is capped at around $45 million.
During a private sale, almost 10% IMPT tokens. have been sold to early investors, while 15% will be reserved for ecosystem development, 10% for marketing and the remaining 5% for the team.
Interested 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 available phase 2 of its pre-salewith tokens for sale at $0.023.
Read our complete guide on how to buy IMPT tokens.
Investors should also note that there is an ongoing competition featuring three winners will share $100,000 worth of IMPT tokens. For this, they will have to complete various social media tasks.