BTC 0.46%
$64,336.91
ETH 0.04%
$3,503.57
SOL 2.21%
$134.44
PEPE -0.62%
$0.000011
SHIB 1.65%
$0.000018
BNB 0.27%
$586.49
DOGE 0.47%
$0.12
XRP 0.82%
$0.48
TG Casino
powered by $TGC

Crypto Experts Believe This Token Will 50x by 2023 – Best Presale This Year?

Simon Chandler
Last updated: | 2 min read

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

The Impact Project presale has now raised just over $5 million, nearly crossing the halfway mark of its first stage within two weeks. The Ethereum-based carbon credit marketplace will move to stage two of its IMPT sale once $10.8 million has been raised, which, judging by its current average daily raise, should be in another two weeks.

Once it reaches stage two, IMPT’s presale price will rise from $0.018 to $0.023, making it more expensive. However, judging by the successes of other presales this year with similarly promising fundamentals, IMPT’s price could rise much higher once it receives its first listings.

Crypto Experts Believe This Token Will 50x by 2023 – Best Presale This Year?

The Impact Project milestone continues to hit new targets two weeks after beginning. It raised $150,000 within its first 24 hours before reaching $550,000 within 48 hours, $1 million within 72 hours, $2 million within five days, $3 million within a week, $4 million in 11 days, and now just over $5 million.

What distinguishes the Impact Project from other presales happening right now are its fundamentals, all of which revolve around supporting the conservation of the Earth’s environment.

Running on the Ethereum blockchain, the Impact Project lets consumers shop via a network of “thousands” of retail brands, all of which contribute a percentage of their sales to environmental causes and initiatives. This means users will be able to support the development of eco-friendly activities and projects simply by shopping online, with the platform currently stating that it has signed up more than 25,000 affiliate brands.

This is an impressive number, yet the attractions of the Impact Project don’t stop there. It will also issue IMPT as a reward to users who spend on its platform with its native token. This can then be used to purchase NFT-based carbon credits. 

Once acquired, these credits can also be traded directly via the network’s marketplace. It’s here that they can also be retired, meaning taken out of circulation so that the corresponding saved carbon can be credited to the party that retired them.

The tokenization of carbon credits will incentivize greener behavior on the part of consumers. This will also be helped by the platform’s IMPT.io score, which enables consumers to track just how green their behavior has been.

One of the key features of the Impact Project is that, via its use of the Ethereum project, it will help make the market for carbon credits more transparent. A lack of transparency has been a problem for this market for too long, yet putting carbon offsets as NFTs on the Ethereum blockchain means that their movement can easily be monitored.

How High?

As of writing, 1 IMPT still costs $0.018, although it won’t be long before stage two begins, at which point it will cost $0.023 (before going up to $0.028 in stage three). 

Given just how good the Impact Project’s fundamentals are, there’s every chance that IMPT will rise strongly above $0.018 once its presale ends and it lists on exchanges. As an earlier example, Tamadoge (TAMA) rose by 1,800% at one point over its cheapest presale price following its early listing on OKX.

While it is impossible to say how well IMPT will perform, given that its launch comes at a time when ESG-based investment is being increasingly valued, it has a real chance of recording good returns.

Visit IMPT Now