CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

IMPT ICO: when does the presale end and what will the listing price be?

By Alara Jordan

16:39, 7 December 2022

IMPT digital token
IMPT has joined forces with hundreds of retailers to allow businesses to acquire carbon credits and offset their global footprint – Photo: Shutterstock

The carbon offsetting platform IMPT has announced the listing price of its IMPT.io token as part of its second presale phase. 

The price of IMPT.io’s token is set at $0.023, around 20% above its initial presale price of $0.018, with the listing due to end on 11 December, according to IMPT’s website.

Users are able to buy the token at the presale value by connecting their crypto wallets at IMPT.io and purchasing with the token with ethereum ($ETH) or USDT.

ETH to USD

$15m raised in presale

While presales are a good way for early stage investors to purchase tokens at a discounted price, it can also take time for tokens to gain momentum and awareness within the wider crypto industry. IMPT, however, seems to have gathered significant interest since its whitepaper went live. It raised more than $15m in its presale phase in just two months, with more than $500,000 of the total amount raised in the past 24 hours.

After 11 December, the token is due to be listed on the decentralised exchange Uniswap, with a confirmed date of 14 December.

IMPT.io also announced the token would be listed on LBank, although a confirmation date has not yet been set.

XRP/USD

0.62 Price
+2.650% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 21:00 (UTC)
Spread 0.01168

DOGE/USD

0.13 Price
-1.410% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 21:00 (UTC)
Spread 0.0012872

ETH/USD

3,333.84 Price
-4.230% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 21:00 (UTC)
Spread 6.00

SOL/USD

179.75 Price
+2.410% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 21:00 (UTC)
Spread 2.2651

IMPT’s whitepaper outlines its aim to help combat climage change by allowing users to connect with impactful environmental projects around the world with the purpose of reducing global carbon emissions.

It said: “We believe that making a contribution to the environment should be affordable to anyone regardless of whether or not an individual or organisation is capable of purchasing carbon credits.”

IMPT allows users to transfer their tokens into carbon credit NFTs, and rewards points to businesses and consumers that integrate its platform into their operations in order to play a part in reducing their carbon footprint.

It currently works with a handful of retail and commerce brands, such as Amazon, Samsung and Microsoft, and aims to partner with 10,000 retailers by launch time. 

Its whitepaper says, “More than 10,000 of the biggest retailers around the world will join IMPT.io with over 2 billion individual projects. Each retailer is ready to allocate a specific percentage of sales margin for environmental projects. Users will get sales margin from each purchase they make in the form of IMPT tokens. When they reach the necessary amount, they will exchange them for carbon credits. This way each member of society will be able to help the planet simply by doing their regular shopping.”

Related topics

Rate this article

Related reading

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.
Capital Com is an execution-only service provider. The material provided in this article is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents and has not been prepared in accordance with the legal requirements designed to promote investment research independence. While the information in this communication, or on which this communication is based, has been obtained from sources that Capital.com believes to be reliable and accurate, it has not undergone independent verification. No representation or warranty, whether expressed or implied, is made as to the accuracy or completeness of any information obtained from third parties. If you rely on the information on this page, then you do so entirely at your own risk.

Still looking for a broker you can trust?

Join the 630,000+ traders worldwide that chose to trade with Capital.com

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading