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This Green Crypto is On Presale Now – Can IMPT 100x From $0.018?

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The Impact Project (IMPT) presale has now raised over $3.5 million, with the green altcoin crossing this threshold in under ten days. This total now equals roughly a third of the sale’s hard cap of 600 million IMPT (c. $10.8 million), with investors being attracted by the Impact Project’s plans to build a decentralized marketplace for carbon credits.

At a time when ESG investing is becoming increasingly common, the Impact Project looks set to become a popular new cryptocurrency, with the platform also enabling consumers to shop with a variety of retailers that support green initiatives. And with other presales in 2022 witnessing big gains after listings, IMPT could rally strongly once its sale comes to an end and it lists on exchanges.

This Green Crypto is On Presale Now

The Impact Project’s presale has quickly gained momentum since the beginning on October 3. It raised $150,000 within its first 24 hours, before going on to reach $550,000 within 48 hours, $1 million within 72 hours, and then $2 million within five days

It has now passed $3.5 million, doing so within nine days. As of writing, it currently stands at $3.6 million and should reach $4 million in the next day or so.

At the moment, the Impact Project is making IMPT available to investors at $0.018. However, this is the price only for the first stage of the sale, with the second and third stages pushing IMPT’s price up to $0.023 and $0.028, respectively.

This means that early investors may want to act quickly before IMPT already witnesses a 27.7% (and then 55.5%) price increase. Given that the sale has already raised $3.6 million, it seems that many have.

Yet it’s not only a discount that early investors are interested in. They’ve also been attracted by the Impact Project’s promising fundamentals, which stand in stark relief to a sector often characterized by energy-intensive proof-of-work coins and gimmicky meme tokens.

Based on Ethereum, the Impact Project will enable consumers to shop via a network of “thousands” of retail brands, all of which contribute a portion of their sales to environmental initiatives. In other words, the platform will provide consumers with a means to help the environment while simply shopping for everyday items.

In addition, the Impact Project will also reward consumers with NFT-based carbon credits. These credits can also be traded directly via the Impact Project’s marketplace, where they can also be retired (i.e. taken out of circulation so that their holder(s) can be credited for not using carbon).

By rewarding users with tokenized carbon credits (that can then be sold on), the Impact Project will incentivize more environmentally conscious behavior. To this end, it will also provide its users with an IMPT.io score, which tracks the positive impact their actions have had on the wider environment.

Interestingly, the Impact Project’s use of the Ethereum blockchain will help make the market for carbon credits more transparent. A lack of transparency has been a problem for this market for several years, so having credits visible on a public blockchain will help improve things.

It’s for such reasons that the Impact Project will attract ESG investors, with users also able to directly donate to environmental projects and organizations. 

Can IMPT 100x From $0.018?

It’s hard to say just how well IMPT will do once it lists on its first batch of exchanges, but other presales from this year indicate a potential for substantial gains.

Tamadoge (TAMA), for instance, raised $19 million during its presale last month before rising by over 1,800% (in relation to its initial presale price) once it was listed on OKX. Likewise, Battle Infinity (IBAT) sold for $0.0015 during its presale before recording a gain of 269% after listing in August.

It’s arguable that the Impact Project has fundamentals every bit as strong (if not stronger) than such coins, with IMPT needing to rise to $1.80 to record a hundredfold increase. Whether this actually happens is anyone’s guess, but the Impact Project has certainly done enough to put itself in a position for big returns.

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