Unique carbon offsetting protocol IMPT is now in stage 2 of its presale after stage 1 sold out in just 20 days.
The project has seen huge interest since launching in early October and has already secured more than the $10.8 million required to move past stage 1 of its three-phase presale.
The first phase of the presale saw 600 million tokens go on sale for $0.018 each, with a hard cap of $10.8 million before heading into stage 2.
The second stage will now see another 660 million tokens released, sold at a price of $0.023, before a final 540 million tokens are sold at a further increased price of $0.028.
That represents a price increase of 55% from stage 1 to stage 3 and means that while $100 of investment returned 5,555 IMPT tokens in stage 1, only 3,571 can be bought with the same amount in stage 3.
Presale tokens have no vesting period and can be claimed once the presale has ended.
IMPT is a unique new green protocol that will use blockchain technology to help fight the global climate crisis.
IMPT wants to make carbon credits fully tradeable for businesses and individuals, as well as offer individuals the chance to earn carbon credits while shopping.
Carbon credits act like permits to allow companies to emit a certain level of greenhouse gas into the atmosphere as they fund global conservation projects.
One carbon credit is equivalent to one ton of CO2 emissions and the mandatory market was valued at $271 billion in 2021, and the voluntary market at $2 billion.
While the mandatory market is mostly enforced on companies at state level, the voluntary market is much smaller but rapidly growing – and could grow to $100 billion by 2030, according to a Bloomberg estimate.
By making them tradeable, and developing a scoreboard to track companies, IMPT wants to improve carbon offsetting efforts by all.
Users of the protocol can buy, sell, and even retire carbon credits, taking them out of the ecosystem in return for a unique NFT.
Meanwhile, individuals can earn IMPT tokens while doing their usual shopping and then convert the tokens into credits.
More than 10,000 retailers and brands have affiliated with IMPT, including market leaders such as Microsoft, Amazon, LEGO, and GameStop.
Each brand will decide the percentage of the sale margin they allocate to the project – not only meaning people can help save the planet by doing their usual shopping, but also by making greener choices by selecting brands with higher allocations.
The protocol will also utilize blockchain technology to make carbon credit trading more transparent and reduce fraudulent activity.
IMPT has also collaborated with hundreds of environmental projects around the world and only works with projects that are accredited by globally recognized regulators.
IMPT has been built on the Ethereum blockchain, one of the greenest and most energy-efficient in the space – especially after the Merge, which saw it cut 99.99% of its energy consumption.
The project is carbon neutral and the team is fully doxxed and has long experience in various commerce industries.
They have been KYC-verified by CoinSniper, and the IMPT token smart contract has been audited by security auditors Hacken.
For more information on the project read through the IMPT whitepaper and join the Telegram group.
You will need a crypto wallet to buy IMPT tokens. We recommend Trust Wallet on mobile or MetaMask on a desktop.
Head to the IMPT website and connect.
IMPT tokens cannot be bought with fiat currency.
Once connected to the IMPT website, click ‘Buy ETH with Card’ and follow the instructions to complete the purchase via Transak, a safe third-party app.
Alternatively, transfer ETH to the wallet from another exchange. Investors can also purchase IMPT with USDT.
Finally, select ‘Buy IMPT with ETH’ or ‘Buy IMPT with USDT’ and insert the number of tokens you would like to buy. Note that an Ethereum gas fee will apply.
Once the transaction is finished, IMPT tokens will be stored on the website until the presale is over, and can then be claimed.
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