Explosive Growth of Green Cryptocurrency as Amazon and Microsoft Join as Affiliate Partners – Presale Shoots Past $14 Million Raised
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IMPT has now raised almost $14.5 million with investors rushing to buy tokens before the presale ends this week.
With the protocol coming to the market sooner than first anticipated, investors have spent more than $1 million on tokens in the last 72 hours ahead of the deadline on Sunday, December 11, 2022, and a listing on leading decentralized exchange Uniswap 48 hours later.
It would not be a surprise to see another million raised in the final five days of the presale, with analysts and forecasters predicting prices to skyrocket on the DEX next week.
The project has also announced that Uniswap will list the token for $0.0253 – leaving new investors with a guaranteed return of 10% from the current price of $0.023 and the potential for much larger growth.
Amazon and Microsoft Among IMPT’s Affiliate Partners
IMPT had already proven to be one of the best crypto presales of the year before its Uniswap announcement with investors already hugely excited by the potential of the carbon-offsetting protocol.
IMPT will help ease the climate crisis and improve the carbon reduction efforts of individuals and businesses in a variety of ways.
More than 10,000 retailers have joined the project’s affiliate program, with the likes of Amazon, Microsoft, Nike, Dyson already on board and more being added all the time.
How Does IMPT Work?
The protocol works for both individuals and businesses, with both able to reduce their carbon footprint by funding green projects around the globe that have been vetted and approved.
IMPT will also track the efforts of its users to help them further improve their offsets and reward those most dedicated to improving the environment.
The protocol works by users investing in IMPT tokens, which can then be used to purchase carbon credits from a selected project – carbon credits are permits that equate to one ton of CO2 released into the atmosphere and can offset carbon emissions from the manufacturing process or logistics, for example.
The carbon credits are then minted as NFTs and can then be retired to offset the CO2. In return, the holder that retires the NFT receives another NFT in return – which will have intrinsic value and can be held as an investment or sold on – as well as boosting their score.
Carbon credit NFTs can also be sold or held for long-term investments, with the voluntary carbon market expected to increase 20-fold by 2030, according to a report by Bloomberg.
Furthermore, by creating permits as NFTs and housing them on the blockchain, IMPT will reduce fraudulent activity in the market with carbon credit trading becoming transparent and immutable.
Earn IMPT Tokens Through Shopping
As well as directly purchasing tokens through the IMPT platform to convert into carbon credit NFTs, users can also earn them while doing their regular shopping.
The affiliate partners mentioned above will offer IMPT tokens back as a percentage of sales through a widget, with different retailers offering different percentages.
Not only does that affect a retailer’s IMPT score, but individual users are also then able to make greener choices by shopping with brands that offer a better return.
Uniswap to Host IMPT IEO on December 14, 2022
Market-leading DEX Uniswap will hold the IMPT initial exchange offering (IEO) on Wednesday, December 14, 2022, which could prove to be one of the biggest crypto launches of the last 12 months.
That means the presale will close on Sunday, December 11, 2022, with investors having a 48-hour window to claim tokens before the listing.
Further exchange listings have been announced on LBank and Changelly Pro – although dates have not yet been confirmed – while seven other exchanges will list the token in the coming weeks and months.
Originally, the IMPT presale was meant to last for three presale stages with 1.8 billion of the max 3 billion supply on sale. However, the decision to cut the presale short was taken in the wake of the FTX collapse and wider chaos of the 2022 crypto bear market, which has seen numerous coins suffer huge losses in the last 12 months.
In an announcement on the IMPT Discord channel, CEO Denis Creighton revealed the reasoning for ending the presale early. He said:
It has been very interesting to read the varying commentary on Telegram and Discord over the weekend. Our project is very solid and we are not in the space of ‘Pump and Dump’.
We are moving part of the ecosystem development cycle to next year to allow us to get to exchanges now. This ultimately enables us to deliver Use Cases 1 and 2 in 2023 and push Use Case 3 to 2024.
We are doing this due to the current climate and the uncertainty that continues to exist. The FTX crash has caused a volatile reaction and significantly unsettled the market. We are also witnessing an aggressive bear market which is also not sustainable.
As CEO, the team and I need to be capable of taking brave, but not reckless, decisions to protect IMPT, its business model and its supporters. We firmly believe that we are on the right trajectory and have to make the correct changes when market conditions shift.
We are fully committed to making IMPT the success it deserves to be a – platform that offers a simple, affordable and effective mechanism for each member of society to help combat climate change.
Be part of the planet’s loyalty program. Thank you.
IMPT tokens remain on sale for $0.023 until December 11, 2022, ahead of its listing on Uniswap.
No presale tokens will have a vesting period and will be immediately unlocked. Any unsold phase 2 tokens will be burnt, while those previously allocated for phase 3 (540 million tokens) will be locked for 12 months and then vested over the 12 months after that.
Read through the IMPT whitepaper for more information or join the Telegram group for the latest news.
How to Buy IMPT
IMPT is currently just days away from its presale closing and heading for its IEO on Uniswap.
To buy, read through our full beginners’ guide on how to buy IMPT tokens.
IMPT is also running a $100k IMPT token giveaway where three prizes are on offer with entries stacked by completing social media tasks.
