IMPT is a model new venture that’s centered on capitalising on the expansion of ESG investing and the rise of cryptocurrencies.
The team hope to have the option to use cryptocurrencies as a medium for guaranteeing that carbon credit may be processed extra effectively and transparently, and by putting them on chain they will open up a greater variety of use circumstances for them – beforehand carbon credit have solely been utilized to corporations in order to change their habits, however with IMPT they may very well be used to incentivise people to change their behaviours as properly.
The rise of inexperienced investing
Over the course of the previous few years, inexperienced investing has come to be a significantly necessary side of the investing world, because the politicisation of ESG forces corporations to change their behaviours if they want to have entry to the identical degree of funding.
ESG makes it simpler for corporations which might be “greener” to acquire funding, and more durable for these corporations which might be web pollutant.
Broadridge Financial Solutions estimates that by the yr 2030, the whole market cap of the ESG business could have risen to $30 trillion, with the carbon credit market alone being valued at over $50 billion.
Over 25,000 corporations onboarded
The team at IMPT has been working diligently to onboard as many corporations as they presumably can to their ecosystem, and now has over 25,000 corporations onboarded by way of their affiliate scheme.
As properly as latest additions corresponding to River Island and Macy’s, the corporate has managed to onboard business titans corresponding to Google, Amazon and Microsoft.
This implies that every time a shopper retailers with any of those corporations (that are amongst probably the most ESG compliant in the world) they are often rewarded with IMPT that may then be redeemed for carbon credit.
By putting carbon credit on the blockchain, all the ecosystem may be engineered to be much more clear than anybody may have beforehand hoped for. Carbon credit may be traded 24/7 and in a much more environment friendly method.
IMPT presale has now raised $13m
The IMPT presale is now reside on their web site, and has managed to promote out $13m at a document tempo, which is especially spectacular when one considers that we’re presently in the depths of a bear market.
The presale is continuous to acquire traction, and people who want to purchase IMPT can now accomplish that earlier than the venture goes reside when the presale is bought out.
