IMPT the Durable Coin – This Cryptocurrency Could Soon Be Worth 100x | 11/23/22

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To put it mildly, anyone who invested in cryptocurrencies in 2022 had to have a high level of stamina. The first Terra/Luna crashed in May 2022 and in November 2022 the insolvency of the FTX exchange followed. Since then, the prices of “big” cryptos such as Bitcoin or Ethereum have known only one direction, and that is down. So it may well be that the time for new coins has come. One of them is the IMPT, a coin that definitely has 100x potential.

IMPT – Crypto can do sustainability

Cryptocurrencies don’t exactly have the best reputation for sustainability. This is mainly due to Bitcoin and the exorbitant energy consumption of the proof-of-work consensus mechanism that the blockchain uses to validate its transactions. In this process, miners solve very complicated arithmetic tasks. Whoever solves this problem first can validate the transaction, add a new block to the blockchain and receive Bitcoin as a reward. Of course, miners don’t do this with paper, pencil and a pocket calculator, but with high-performance computers. In the meantime, an entire industry has developed around it. Most data centers are not located in countries known to produce energy from renewable sources. This is why cryptocurrency is always at the center of the concerns of environmental and climate protectionists. Ethereum, number two in the cryptography market, therefore switched in September 2022 to the proof-of-stake consensus mechanism, which is much less energy-consuming. The new IMPT.io platform wants to prove that blockchain, cryptos and sustainability should not automatically be mutually exclusive, but rather can complement each other perfectly.

Emissions Trading 2.0

The platform wants to bring together people and companies who want to do something for their ecological footprint. At the same time, IMPT.io wants to allow individuals to trade shows and combine that with blockchain. The CO₂ credits that can be purchased on the platform are NFTs, i.e. non-fugible tokens. These are absolutely unique and at the same time verifiable, which makes trading with these credits transparent and traceable. At the same time, double credits are practically impossible.

What are CO₂ credits?

CO₂ is a greenhouse gas and one of the main contributors to global warming. Carbon dioxide is produced during cellular respiration on the one hand and during combustion processes on the other hand, for example from kerosene, gasoline or gas. In the so-called Kyoto Protocol, major industrialized nations have pledged to reduce greenhouse gas emissions by 5.2% per year. Since then, every company that produces CO₂ has to buy emission certificates. One certificate corresponds to one tonne of CO₂. Companies that no longer need their certificates, for example because they have switched to climate-friendly or climate-neutral production, can in turn sell these credits. This is exactly where IMPT.io comes in, because until now it was not possible for individuals to enter the trade directly.

The NFT with multiple possibilities

Anyone who buys a CO₂ credit on the platform has several options. On the one hand, it can be traded in the classic way on the IMPT.io market. On the other hand, you can of course keep the credit and resell it later at a possibly better price. But there is also the possibility of burning the NFT credit to offset your own carbon footprint. In return, you get an artist NFT which was created specifically for the platform and which you can of course resell. NFTs are purchased with the IMPT coin.

The IMPT.io shopping app

But the platform has another feature, its own shopping app. Over 25,000 affiliate partners have already been won (according to IMPT.io), including names like Amazon, Microsoft, and Lego. A portion of the proceeds from sales, the amount determined by the companies themselves, is blocked for organizations that engage in climate protection projects. However, anyone who purchases online or offline via the shopping app don’t leave empty-handed. As a reward, you get IMPT.io tokens, which you can then invest in new CO₂ certificates. The main goal of the IMPT.io team is that users can do their daily shopping via the shopping app – and thus do something for climate protection at the same time.

IMPT.io is renowned

So-called rug pulls, scam artists running away with investors’ money, are rare in new crypto ventures, but they do happen. Probably the last big rug draw was the Squid Coin. The creators of the IMPT.io platform, meanwhile, are serious about their project. On the one hand, the team has been verified by Coinsniper, which means that all personal data is known. On the other hand, the contract code has been checked for security by hackers.

The IMPT room

At the heart of the project is the IMPT coin, which will be deeply integrated into the platform’s ecosystem. The token can currently be purchased in presale. The second phase is currently underway. One token is currently priced at $0.023. In phase 3, the price of a coin then rises to $0.028.

Invest now directly in IMPT

Why IMPT token has 100x potential

Fortunately, sustainability, environmental and climate protection are all the rage and are increasingly in focus. The IMPT.io platform wants to make its contribution to this and at the same time take emissions trading to the next level.

Moreover, the IMPT coin has real utility and is closely tied to the ecosystem of the platform. It should also be possible for all users and companies to present their ecological footprint on the platform. This is particularly interesting for companies. Both the IMPT.io platform and coin have what it takes to become the next big thing in the metaverse.