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    IMPT.io: When does the carbon credit marketplace go live and when does registration open?

    By Darius McQuaid

    Edited by Charlie Mellor

    13:51, 5 January 2023

    A pair of hands surround a leaf
    IMPT has been listed Gate.io, which is also offering IMPT staking – Photo: Getty Images

    The cryptocurrency carbon trading platform IMPT.io (IMPT) has announced that registration for its marketplace will begin in the next two weeks.

    The news was released via a Business2Community report that IMPT.io confirmed by retweeting the article.

    Registration for the IMPT.io marketplace will open on 18 January with the marketplace set to go live on 15 February.

    IMPT.io – which is dedicated to carbon credit trading and shopping rewards – has also undergone a full-scale rebrand ahead of its global launch.

    BTC to USD

    Listed on Gate.io

    In the run up to the marketplace launch, the centralised crypto exchange (CEX) Gate.io has listed IMPT, as well as offering IMPT staking.

    DOGE/USD

    0.19 Price
    -1.080% 1D Chg, %
    Long position overnight fee -0.0616%
    Short position overnight fee 0.0137%
    Overnight fee time 22:00 (UTC)
    Spread 0.0012872

    ETH/USD

    2,902.20 Price
    +0.110% 1D Chg, %
    Long position overnight fee -0.0616%
    Short position overnight fee 0.0137%
    Overnight fee time 22:00 (UTC)
    Spread 6.00

    SOL/USD

    198.54 Price
    +0.480% 1D Chg, %
    Long position overnight fee -0.0616%
    Short position overnight fee 0.0137%
    Overnight fee time 22:00 (UTC)
    Spread 2.2651

    XRP/USD

    0.55 Price
    -2.160% 1D Chg, %
    Long position overnight fee -0.0616%
    Short position overnight fee 0.0137%
    Overnight fee time 22:00 (UTC)
    Spread 0.01168

    As of 12:40 GMT on 5 January, IMPT was trading at $0.0108, up by 1.02% compared with the previous day, according to CoinMarketCap. This rise comes two days after the Gate.io announcement.

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    IMPT aims to ‘reduce carbon emissions and help our planet’

    According to CoinMarketCap, the aim of IMPT is to connect the platform’s “users with hundreds of impactful environmental projects around the world with the purpose to reduce carbon emissions and help our planet”. It added:

    “IMPT also engages thousands of the largest retail brands that allocate a specific percentage of sale margin for environmental projects. It is accumulated in users’ accounts in the form of IMPT tokens. The users accumulate these tokens till they reach the necessary amount of the carbon credit of their choice. As a result, users can continue with their normal shopping while helping the planet.”

    In addition, the IMPT whitepaper explains: “We tokenise carbon credits, so users receive them in the form of non-fungible tokens (NFTs).

    “The NFTs are further displayed in a decentralised ledger that can be tracked by users, thus ensuring transparency and traceability. When the user retires carbon credits, burned NFTs are sent to a null address, ultimately eliminating their NFTs from circulation. The blockchain records this transaction and the NFT is no longer available.

    “As all transactions between platform participants are recorded on a distributed ledger, they are almost impossible to tamper with, which helps us avoid fraud and double counting. Moreover, when users retire their carbon credits, they receive unique NFTs created by artists. The users can trade these NFTs on the marketplace.”

    Related topics

    #Cryptocurrency

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