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This green cryptocurrency has incredible utility, its price is set to explode

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IMPT is currently in the pre-sale phase and has not yet gone live. The token was first offered for sale in the. official website on October 3, and since then investors have bought millions of dollars. Not only because it has the potential to increase in price, but also because it is supposed to help reduce our carbon footprint.

What is IMPT?

IMPT is a token created by Impact Project, a platform where companies and individuals can trade carbon offsets. These are permits that give the holder the right to emit a certain amount of carbon dioxide into the atmosphere: one credit per ton of carbon dioxide.

These credits sell for between $40 and $80, depending on the market, which has become quite large. In 2019, the market was valued at $211.5 billion and is expected to grow at a CAGR of around 31% between 2020 and 2027, reaching a value of $2.4 trillion.

Impact Project plans to enter this market to address some of the problems with the current system. For example, double counting is common when two parties claim the same carbon offset, and fraud is common as there is no control.

IMPT will be different, as it will offer these offsets on the blockchain. The blockchain records are public and immutable, meaning that anyone will be able to monitor the trading of offsets and the information cannot be changed by anyone.

How does IMPT work?

IMPT.io is the main platform of the project, where anyone who wants to buy an offset can go. From there, you first buy the IMPT token with which you can purchase the carbon credit of your choice from hundreds of environmental projects. All of these projects have been selected by IMPT after careful consideration, so you can be sure that you are doing something meaningful for the environment.

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Compensation comes in the form of an NFT that you can store in your cryptocurrency wallet or trade on the IMPT.io marketplace. If you wish, you can also withdraw or retire the NFT in compensation for your environmental impact and receive a single NFT that you can also keep or trade.

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Why should you buy IMPT?

In addition to the environmental benefits it brings, the IMPT token can also improve your return on investment. As mentioned at the beginning, the public pre-sale of the token has raised millions of dollars in a very short time and is in the “Early Adopter” phase.

Three days into the first presale phase, $1 million had been raised and it closed after raising $10.8 million after 23 days, when it was scheduled to close after 52 days.

At the time, the IMPT token was selling for $0.018, and is now selling for $0.023 in the second presale phase. The current phase aims to raise $25.98 million and so far more than $12.9 million has been raised, almost 50%.

This phase is scheduled to close on January 31, 2023, so the presale is well underway.

IMPT is quickly winding down and only the third phase remains, where investors can start trading with the IMPT token. In the end, IMPT expects to raise $41.1 million and more than 10,000 brands have already pledged to join the project.

Once up and running, the platform will be fully operational and IMPT will be a highly sought-after token for investors. At its current price, it’s time to get in on the first floor and take the elevator to the top. The IMPT tokens are available for pre-order here.

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