IMPT Token is The Biggest Presale Happening Right Now – Here’s What You Need to Know
The ongoing IMPT token presale has now reached the milestone of $1 million raised, barely seventy-two hours after starting to trade. The blockchain-primarily based carbon credit score marketplace had taken the step of launching its sale for the duration of a tough period for the wider cryptocurrency marketplace, but the market negativity doesn't seem to have blunted investor demand for its local token.
With a hard cap of $10.80 million, IMPT's presale is now almost 10% complete. It's currently in its first degree out of 3, with the first supplying it at $0.018 and the third at $0.028.
Here's everything interested readers need to know about the altcoin in case they may be wondering whether or not to sign up for the sale.
The IMPT Token is the Biggest Presale Happening Right Now.
With each token going for $0.018, this means it has sold nearly 55 million IMPT, out of a hard cap of 600 million. Assuming a similar rate (i.e., roughly $500,000 per day) for the rest of the sale, it could sell out within 20 days.
This would place the end of the sale on Wednesday, October 26. Of course, given that it only began 3 days ago, it may continue to accelerate, implying an early give up.
As for what's interesting investors a lot, the IMPT platform is growing a decentralised marketplace for carbon credit. Running on Ethereum, its platform will even permit customers to buy objects from shops that support environmental initiatives as well as enable them to aid environmental tasks directly.
Either way, spending through the IMPT undertaking's network will provide users with carbon credit. These can be tokenized as NFTs, meaning that holders can trade them.
At the same time, tokenizing carbon credits approaches, which means the sale and use of such credits will become more obvious. As explained in the IMPT white paper, this solves a number of problems that undermine the carbon credit score market today, consisting of double-promoting credits, overcalculating credit, and additionally, no longer acting on the right retirement processes.
On top of this, the project additionally offers customers an IMPT score, which enables customers to see just how impactful their spending and movements are. At a time when increasing numbers of human beings are aiming to be more environmentally aware and responsible, this sort of rating will prove a large help.
Likewise, the launch of the IMPT platform comes at a time when the call for ESG (environmental, social, and corporate governance) investing is growing. As such, it is able to benefit appreciably from arriving in the right vicinity at the right time with the right capability and application.
2022 Has Been a Good Year for Crypto Presales
While 2022 has been disappointing for the cryptocurrency market as a whole, it has offered more encouraging signs when it comes to presales.
Examples of this consist of Tamadoge, which after raising $19 million in its presale, proceeded to surge well over 100% in the first 24 hours of its listing on OKX. In addition, the New Cryptocurrencies category on CoinMarketCap continues to turn up newly indexed coins that record double-digit gains in their first days and weeks, some distance in excess of the performance of their maximum installed cryptocurrencies.
Only time will tell if IMPT will join such altcoins. However, with a completely encouraging start to its presale and with strong fundamentals, it is on the right track to carry out nicely once it receives its initial listings.