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The IMPT pre-sale grossed over $13.2 million, just over a month from launch. This figure allows the Ethereum-based carbon credit market to reach its overall goal of $25.98 million, and the market’s growing appetite for investment in ESG is helping it gain momentum.
At the time of writing, the sell-off is currently offering 1 IMPT at $0.023, but it should rise to $0.028 once it enters its third and final stage. From there, IMPT will eventually be listed on exchanges, which should boost its price significantly and help investors lock in profits.
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Investors can join the IMPT presale by visiting IMPT.io and connecting their Wallet Connect or MetaMask wallets. They can use either ETH or USDT to purchase the IMPT token, which will have a total maximum supply of 3 billion, with the presale offering the community 60% of that amount.
A growing number of investors took the opportunity to participate in the sale, which began on October 3 and went through many milestones on its way to raising over $13 million. it raised $150,000 in the first 24 hoursbefore reaching $550,000 within 48 hours, $1 million in 72 hours, $2 million in five days, $3 million in a weekas well as $4 million in 11 days.
IMPT has its foundations to thank for being able to attract such significant investment in such a short amount of time. Powered by the Ethereum blockchain, it will allow consumers to shop through a network of “thousands” of retail brands, all of which donate a portion of their revenue to environmental initiatives.
Thus, users will be able to support the development of environmentally friendly activities and projects simply by spending money online. At the same time, they will receive an IMPT token as a reward for purchasing items through the IMPT platform, with these tokens allowing them to purchase NFT-based carbon credits.
Once received, these credits can be sold on the IMPT marketplace, and they can also be written off. This means they will be retired and used to boost the user’s IMPT.io score, which tracks his or her carbon footprint and environmental impact.
The use of rewards will incentivize consumers to shop more green by choosing brands on the IMPT platform over retailers elsewhere who may or may not support green projects. On top of that, using the Ethereum blockchain IMPT will help make the carbon credit market more transparent, as its NFT-based carbon credits will be viewable on Ethereum.
Indeed, opacity has been a problem for the carbon offset market for several years. And precisely because IMPT promises to help fix that, it has helped attract ESG-focused investors.
While IMPT has yet to announce any exchange listings that will follow after the presale ends, there is no doubt that they will be confirmed soon enough, especially considering how many sales have already been garnered.
And when the listings do come out, early investors should be in line for some market-beating returns. In fact, numerous pre-sale coins have successfully beaten the market this year, with Tamadoge (TAMA) up as much as 1800% since listing, and Battle Infinity (IBAT) up 260% in August compared to pre-sale. price $0.015.
And since IMPT’s fundamentals are no less strong than those of the two projects above, its native token could see significant growth when it lists next year. It could also help thousands of people (if not more) reduce their carbon footprint and have a positive impact on the Earth’s environment.
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