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The cryptocurrency market had a somewhat disappointing year in 2022, as its total capitalization fell from $2.33 trillion on January 1 to just under $1 trillion today, a decrease of 57%. However, while the overall picture has been disappointing, a number of smaller, newer altcoins have outperformed the market averages, with tokens such as ApeCoinLido RegardingAnd the Ethereum Classic And the Tamadog.
Another new altcoin is likely to be added to this list: impact project (tax). Project Impact is a platform that uses the Ethereum blockchain and NFTs to encourage consumers and businesses to adopt an environmentally friendly gesture, by allowing users to trade carbon credits.
It just announced the pre-sale of its original token tax Over the past 24 hours, he has offered interested investors the opportunity to get 1 IMPT for $0.018. At a time when the market demand for Proof of Stake and green blockchains seems to be increasing, this pre-sale has a good chance of selling.
This new cryptocurrency is likely to grow 85-fold by 2023
If we look at white book From the impact projectIts stated goal is to help “every individual and every company reduce carbon emissions in a simple and reliable way”.
For this, the project plans to combine its own projects IMPT code With a token platform for carbon credits, which are denoted by NFTs. By providing a marketplace for NFT-based carbon credits, Project Impact will not only allow individuals and companies to reduce their carbon footprint, but also individuals and companies who have already reduced their impact to receive financial rewards in return.
Interestingly, the Impact Project partners with “hundreds of important environmental projects around the world” and “thousands of pilot projects.” distribution“who dedicate a percentage of their sales to environmental products. Thanks to these partnerships, users of the platform will be able to obtain carbon credits in two ways.
“With us a programUsers can earn carbon credits while making regular purchases. They can also simply buy it on the platform,” the white paper states.
Such as Concept It has a double positive effect on the environment. On the one hand, consumers easily associate themselves with environmentally friendly projects and brands, and their purchases finance the initiatives of these projects and brands.
On the other hand, it creates an innovative carbon credit system based on blockchain and NFT, with users able to earn these credits either through responsible shopping or direct purchases. One way or another, accumulating carbon credits contributes to each user’s IMPT.io score, giving them the opportunity to “earn points for their efforts and measure their impact.”
What’s interesting about using the blockchain? Ethereum By Impact Project, is that once a user has earned carbon credit, it is tokenized on the platform, with the user receiving it in the form of an NFT. This helps prevent double spending of credits, while also preventing credits from being reused after they are withdrawn.
From an impact project perspective, this framework would eliminate many of the problems that plague the carbon credit market as it currently exists, such as overvaluation of credits, fraud, over-selling of allowances, and failure to comply with appropriate withdrawal procedures. By digitizing everything on one blockchain Transparent and irreversible, the Impact Project believes it will make the carbon offset market fairer and more efficient.
Multiplying earnings by 85 by 2023?
Thanks to these promising bases, the Impact project yesterday launched the first phase of the pre-sale of its IMPT token. This first phase allows the coin to be priced at $0.018, while the second and third phases aim to fix price At $0.023 and $0.028.
The first phase is supposed to last until the inventory sells out, or until November 3 if it doesn’t. Based on other projects with interesting fundamentals that also had pre-sales this year, it’s probably all sold out, Project Impact has put a cap on 600,000,000 taxIt is worth about $10.8 million.
It has already sold over $150k in just under 24 hours, which is good for the token and a project that hasn’t garnered much attention yet. Given that the cryptocurrency ecosystem is currently focused on environmentally friendly blockchains (such as Ethereum moving to Proof of stake), sales may be much higher in the coming days.
And if we are to believe what the market has seen with pre-sales such as sales Tamadog, IMPT is likely to make a big profit on its pre-sale price once it receives its first recordings. For example, TAMA jumped over 1,000% off the pre-sale price of $0.01, so if IMPT did the same thing, it could sell for about $0.2 shortly after becoming negotiable.
Consult Our article on Best encrypted pre-sale As for other upcoming tokens that will be launched this year or early 2023.