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    Eco-conscious IMPT presale reaches $5m - when is the second stage?

    By Alara Jordan

    12:03, 18 October 2022

    Cryptocurrency digital coin
    IMPT aims to make crypto more sustainable over the long-term by lowering carbon footprints – Photo: Shutterstock

    The environmentally friendly token IMPT has passed $5m in presales as it launches at a time when demand for environmental, social, and corporate governance (ESG) investment is increasing. 

    The token presale went live two weeks ago on 4 October in a bid to raise capital for the platform’s mission to make crypto more sustainable over the long-term by lowering carbon footprints. 

    IMPT raised $1m in the first 72 hours of its presale. At the time of writing, the total amount has passed $5.45m in presales.

    Backing environmental initiatives 

    The IMPT platform aims to develope a decentralised marketplace for carbon credits in order help create an “affordable and effective mechanisms that would help each member of society combat climate change and invest in our planet,” IMPT confirmed via Twitter.

    Its whitepaper outlines that the current carbon offset market proves to be an “efficient solution” to help reduce emissions and drive positive climate change. 

    “That is why we’re developing IMPT.io – a blockchain-based platform that helps each individual and business offset their carbon footprint in an easy and secure way. Our goal is to provide everyone with the opportunity to help the environment and make a positive change.

    ETH/USD

    3,111.62 Price
    -1.430% 1D Chg, %
    Long position overnight fee -0.0616%
    Short position overnight fee 0.0137%
    Overnight fee time 22:00 (UTC)
    Spread 6.00

    DOGE/USD

    0.36 Price
    -2.730% 1D Chg, %
    Long position overnight fee -0.0616%
    Short position overnight fee 0.0137%
    Overnight fee time 22:00 (UTC)
    Spread 0.0012872

    XRP/USD

    1.05 Price
    -8.000% 1D Chg, %
    Long position overnight fee -0.0616%
    Short position overnight fee 0.0137%
    Overnight fee time 22:00 (UTC)
    Spread 0.01168

    ADA/USD

    0.72 Price
    -5.060% 1D Chg, %
    Long position overnight fee -0.0616%
    Short position overnight fee 0.0137%
    Overnight fee time 22:00 (UTC)
    Spread 0.00646

    “With our platform, users can acquire carbon credits while doing their regular shopping. Alternatively, they can simply purchase them on the platform.”

    The IMPT platform will run on Ethereum and allow users to purchase items from retailers that back environmental initiatives.

    Second presale phase set for December

    Investors are currently buying one IMPT at a rate of $0.018. A total of 600 million tokens available for sale.

    Once the first presale is complete, the second phase will see ome IMPT available for $0.023. IMPT's website says that the second phase of presale is set to start around 1 December 2022. 

    Related topics

    #Cryptocurrency

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    The difference between trading assets and CFDs
    The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
    You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
    CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
    CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
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