On Monday 3rd October, green crypto token IMPT launched its presale, with $156,000 raised in the first 24 hours.
The fundraise marks the start of the IMPT.io mission to radically change the carbon credit industry, making it more accessible for consumers and shoppers to buy carbon credits with blockchain technology.
IMPT.io has on-boarded 10,000 household-name retailers who will donate a proportion of what consumers – using the IMPT.io widget or app – spend on purchases to environmental, social and governance (ESG) projects.
Another of the project’s core functionalities is to facilitate the buying and selling of carbon credits on a blockchain marketplace or the secure holding of them as an investment.
Crypto for good – making blockchain work for our planet and its people
At a stroke IMPT could be doing more to upend the image of crypto as an energy-guzzling sector that is contributing to polluting our world. With IMPT, taking action to reduce your personal carbon credit and that of online retailers.
Every time someone buys IMPT tokens they are in effect buying a carbon credit, which in turn is represented by an NFT that can be traded on the IMPT.io marketplace.
The token incentivizes the ‘retiring’ carbon credits, which it achieves by deleting them from the blockchain through a process known as burning.
What’s more, users are incentivized to ‘retire’ their carbon credits by in return receiving a collectible NFT designed by recognized artists.
ESG investing is the biggest theme in investing and IMPT is bringing it to crypto
IMPT will appeal to ESG-focused investors who appreciate that striving for a better planet to live on all for all can be a profitable business – the two do not have to be in conflict.
Broadridge Financial Solutions estimates that ESG assets will be valued at around $30 trillion by 2030.
IMPT.io shows one way in which that fusion of capital allocation and ESG consciousness can be realised at scale.
IMPT presale is the best green investment in crypto and beyond
The presale of the IMPT token has got off to a flying start – more than $150,000 has been raised from investors within the first 24 hours.
More about IMPT.io