New eco-friendly presale project IMPT smashed through stage 1 of its presale and is now into stage 2 after raising more than $10 million in just three weeks.
IMPT will now allocate another 660 million tokens to be sold in stage 2 before a further 540 IMPT tokens are sold in the third and final stage of the presale.
Each stage sees a price increase and while stage 1 tokens cost just $0.018 each, stage 3 tokens will sell for $0.028.
IMPT Thrives Despite Crypto Bear Market
Like many other key presale projects this year, IMPT has had no issue attracting investment despite the wider struggles of the crypto and traditional markets amid difficult macroeconomic conditions.
It took just three weeks for $10 million to flow into the project, which has lofty ambitions in the fight against the climate crisis.
While many other coins are struggling to maintain any momentum – with the likes of Bitcoin and Ethereum both down more than 50% in 2022 – IMPT has attracted huge interest and has been named among the best crypto presales of the year.
Presales Continue to Beat the Bear
Investors have seen major returns when finding the right presale projects and entering early.
The likes of Tamadoge, Aptos, STEPN, and ApeCoin are among the tokens to have given some investors major profits in 2022.
The interest in the IMPT presale and protocol in general signals that it is likely to become another presale project that gets the earliest investors the biggest returns.
Furthermore, due to the increasing price structure of the presale, early investors are essentially guaranteed profits.
While stage 1 tokens sold for $0.018, stage 2 is on sale for $0.023 – an increase of 28% – and stage 3 will rise again to $0.028, a further 21%.
While the list price when the token finally reaches an exchange has not yet been decided, it is likely to be more than $0.028.
IMPT Team Mitigates Risk
While presale projects are inherently risky given they are new and have not yet earned the trust of the community, the IMPT team has completed several steps to inspire investor confidence.
Crucially, the team is public, doxxed, and has been Know Your Customer (KYC)-verified by CoinSniper, a well-established and trusted third party.
The team has long experience at the executive level in a number of different industries, including telecoms, and startups.
The IMPT token – built on Ethereum which is 99.99% more energy efficient after the Merge – is also rug and scam-proof, having had its smart contract audited by blockchain security firm Hacken.
IMPT to Help Fight Climate Change with Unique Protocol
IMPT’s overriding mission is to help fight the climate crisis by helping individuals and businesses increase their carbon-offsetting efforts.
The protocol will do that in a number of different ways, but seeks to make carbon credits tradeable and will also keep a score to track the efforts and effectiveness of efforts.
What are Carbon Credits?
Carbon credits are permits that effectively allow a company to emit a certain amount of greenhouse gas into the atmosphere.
One carbon credit allows for the emission of one tonne of carbon dioxide and can be bought at varying prices, with the proceeds funding conservation projects around the world.
Companies usually buy them to make up for carbon emissions from industrial manufacturing or delivery vehicles.
The carbon credit market is worth billions and has two arms – mandatory offsets and voluntary offsets.
The mandatory branch is worth almost $300 billion annually and is usually enforced at the state level by governments wanting to reduce carbon emissions.
However, the voluntary carbon market is worth only $2 billion annually.
Estimates vary, but the voluntary carbon market is set for exponential growth in the coming years, with Bloomberg previously reporting it could be worth as much as $100 billion by the end of the decade.
Shoppers to Earn Carbon Credits with IMPT
IMPT’s protocol will give individuals two ways to acquire carbon credits – through a built-in marketplace or by earning them while shopping.
The first means that anyone can buy or sell carbon credits and trade them on the marketplace.
They can also be kept as long-term investments or ‘retired’ – taken off the marketplace forever.
When a credit is burned by a user, they receive a unique NFT in return.
One of IMPT’s most unique quirks is it will allow shoppers to earn IMPT tokens via a widget which can then be converted into carbon credits.
Large Brands On Board
More than 10,000 retailers and globally recognized brands have now partnered with IMPT to offer the tokens.
Market leaders such as Amazon, Microsoft, LEGO, and Macy’s are among those already affiliated.
Furthermore, while shoppers earn tokens doing their usual shopping, the brands can select how much percentage of a sale they want to sacrifice towards the program.
This may well encourage eco-conscious users to select retailers that offer higher percentages towards eco projects.
IMPT is also developing a scoreboard to track and measure retailers’ impacts on the environment, in the hope of encouraging more carbon-offsetting efforts.
IMPT to Reduce Fraudulent Behavior
Blockchain technology will help companies avoid fraudulent behavior and double-counting, which have plagued carbon credit trading in the past.
Double counting occurs when two parties claim the use of the same carbon credit.
With all information stored publicly on-chain, it becomes difficult to commit fraud as there are limits on what can be done within the code, and actions on a network can be viewed by all.
As soon as a carbon credit is retired, for example, it is permanently removed from the data ledger and no longer available for anyone to access.
How to Buy IMPT
Step 1 – Download Crypto Wallet
You will first need a crypto wallet to buy IMPT tokens – we recommend MetaMask on a desktop or Trust Wallet on mobile.
Step 2 – Connect to IMPT Presale Website
After downloading one of the apps and signing up, head to the IMPT website.
Click ‘Connect’ and follow the steps to confirm the connection.
Step 3 – Acquire ETH or USDT
IMPT tokens cannot be bought with fiat currency and investors will need to hold ETH or USDT in their wallet.
If either token is held elsewhere, transfer it to the wallet by finding the address and carefully sending it to the correct wallet on the Ethereum blockchain.
If you do not hold either token, ETH can be purchased directly on the IMPT website via third-party fiat on-ramp provider Transak. Transak are verified and reliable.
Click ‘Buy ETH with Card’ and follow the instructions to complete the purchase.
If deciding to use USDT, note that you will also need to hold a small amount of ETH in the wallet because of the Ethereum gas fee.
Step 4 – Buy IMPT
Next, select one of the following options – ‘Buy IMPT with ETH’ or ‘Buy IMPT with USDT’.
In the next box, insert the number of tokens you’d like to buy.
Do not enter the full amount you hold as a small Ethereum gas (transaction) fee will be applied.
Another box will appear confirming how much gas you have to pay. Follow the steps to complete the transaction and once successful, select ‘Finish’.
Step 5 – Claim IMPT Tokens
Your purchased tokens can then be viewed on the IMPT tokens.
However, they will not be able to be claimed and withdrawn until all stages of the presale are complete and will be stored on the website.
There is no vesting period for presale tokens, with claim and listing details to follow at the end of the presale.
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