Traders Predict $20 Million Token IMPT Could 10x After LBank Exchange Listing
After hosting a presale that exceeded all expectations, IMPT is poised to have an even more successful initial exchange offering (IEO). Investors who missed IMPT’s presale better get in on the coin’s listing on 14 December 2022, as some traders expect this asset to take off.
During its presale, IMPT raised $20.5 million in just over two months. Now, centralized exchange LBank has listed IMPT. Uniswap, a decentralized exchange with almost 4 million users, has made the coin available to its users.
Being listed on these exchanges will offer the general market access to IMPT, providing the project with massive exposure. Some traders believe that IMPT might provide 10x returns after its listings.
That may sound ambitious, but gaming utility token Tamadoge (TAMA) provided investors with 10x returns when it was listed on exchanges in September 2022 following a successful presale. In fact, investors who bought the coin during the early-round stages of its presale received up to 18x returns.
And that was in the midst of a crypto winter when the market had crashed and prices were expected to drop lower.
Is it possible for IMPT to become one of the best altcoins and follow in Tamadoge’s footsteps? The similarity that Tamadoge and IMPT have is that both projects had extremely successful presales.
And now, Changelly Pro has also confirmed that it will list IMPT, providing further exposure to this project.
What Makes IMPT Valuable?
IMPT is a revolutionary carbon-offsetting ecosystem that rewards investors for making a positive contribution to the environment.
It connects investors and businesses concerned about the future of our planet and provides a platform for helping environmentally-conscious causes to fight climate change.
IMPT aims to partner with 10,000 corporations that will donate a percentage of their revenue to vetted organizations striving to make the planet greener. So far, IMPT’s affiliate partners include e-commerce giant Amazon and major retailers such as Macy’s, Bloomingdales and River Island.
Other corporations include Samsung, Microsoft and even Dominos. More businesses will be added as affiliated to enable investors to make a difference in the environment.
By making a purchase at any of these businesses, investors receive IMPT tokens for their contribution. In exchange, the business will contribute a portion of the sale to good causes.
Investors can use mobile widgets or apps to determine the business that should make the contribution.
Direct Contributions
IMPT’s platform also enables individuals and businesses to make a direct contribution to the environment. Its social feature tracks each user’s impact on the environment and then scores their efforts.
Users who reduce their carbon footprint are rewarded points. Higher points are rewarded to businesses that integrate IMPT’s platform into their operations, enabling their customers to do their part in the fight against climate change.
Carbon Credits
Carbon credits are permits representing carbon emissions removed from the atmosphere and a mechanism for reducing greenhouse gas emissions.
IMPT allows investors to burn (retire) their carbon credits. No physical burning takes place, as the tokens are sent to a wallet address that removes them from circulation. In fact, investors receive higher points for retiring their carbon credits to offset their carbon footprint.
Investors who retire their credits receive unique collectible NFTs, which can be held as investments and later sold on the marketplace.
IMPT is one of the coolest NFT projects because its ecosystem tracks the origin of each credit. By using blockchain technology, IMPT provides transparency and eliminates fraud. This enables the project to avoid double-selling and overcounting.
IMPT’s Potential
Many investors have become self-conscious about their investments and have opted for projects offering environmental, social and governance (ESG) investing. IMPT is at the forefront of this industry by rewarding users for doing their part in tackling the climate crisis.
IMPT CEO Denis Creighton believes in the project and thinks that it could go a long way. He stated, “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.”
ESG investments could be valued at $30 trillion by 2030, according to estimations by Broadridge Financial Solutions.
Time is of the Essence
IMPT’s presale proved that those who hesitate miss out on low asset prices. The presale sold out ahead of schedule, and investors may still have a chance to lock in rock-bottom prices on exchanges.
But that means filling up their bags now before more investors swoop in and push the price up. It’s a race not only to fight climate change before it’s too late but also to secure IMPT tokens before they potentially provide the same returns that TAMA did.
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Filed under: Bitcoin - @ December 14, 2022 2:09 pm