IMPT plans to launch a unique retail partnership network on Blockchain in the second quarter of 2023 to address carbon emissions and be part of the “Planet Loyalty Program”. Participants must block 100,000 to 20,000,000 IMPT tokens based on their location. The program offers several advantages for owners of countries, regions and cities, including exclusive rights to manage and expand the network, a percentage of the commissions from IMPT and APY purchases
on blocked tokens.
The IMPT platform announced on April 19 that it will allow users to accumulate carbon credits. The tokens that users could accumulate after making purchases on the platform can now be accumulated to earn carbon credits in an NFT
format.
IMPT Technical Analysis
- The technical indicators for IMPT show a neutral position.
- The Relative Strength Index (RSI) and the stochastic %K both have values below 30 which indicate an oversold market. However, they are still considered neutral as they have not crossed the purchase zone
- All moving averages are currently showing a sell signal, as the price is lower than all moving averages.
.
Therefore, the overall data shows a slightly bearish market. Even the Crowdwisdom outlook chart shows a relatively neutral forecast, with social media slightly bearish
.
IMPT Price Forecast: Is IMPT a good investment?
IMPT focuses on helping solve the problem of global warming and allowing the profitable trade of carbon credits through blockchain. IMPT tokenizes carbon credits in NFTs (non-fungible tokens) that are displayed on a decentralized ledger for transparent and trackable monitoring. When the carbon credits are withdrawn, the corresponding NFTs are burned and sent to a void address, removing them from circulation and recording the transaction on the blockchain. Blockchain allows greater security and transparency in the process.
So how is IMPT Crypto different?
Providing carbon credits to a company is a very complex task and most of the time a company is hit by scams. In addition, the price data related to the carbon footprint has been very complex. IMPT aims to solve this problem.
The problem with today’s carbon credit market is that it’s extremely complex. Limited price data and prevailing scams discourage individuals and businesses from entering them. As a result, these individuals need an easier method of buying carbon credits to offset their carbon footprints
.
- IMPT is developing a platform that provides companies with a simple method for buying carbon credits. IMPT will launch its own carbon market.
- Individuals/companies that buy Carbon Credit can have good information about their purchase and the purchase they make will be authentic as stated by the platform.
- The carbon credits will be hosted as NFTs on its platform. Once the credit has been used, the NFTs will be sent to the writer. This will remove the NFT from circulation and prevent double counting
.
How does IMPT work?
IMPT helps to reduce the carbon footprint and to have a positive impact on the environment. Throughout this process, IMPT helps the user to benefit from it by giving multiple rewards. Here’s how IMPT works: (Source: Official IMPT Platform
)
- The first step is to register on the IMPT platform.
- The second step is to buy IMPT tokens
- Once you have the IMPT tokens, they can be converted into carbon credits
- Carbon credits are minted in the form of NFTs
- Carbon credits can be listed and exchanged on the IMPT platform.
What can be done with carbon credits?
Carbon credits can be used in two ways:
- First, it can be burned to offset carbon footprints.
- Second, keep carbon footprints minted in the form of NFTs for future investments.
IMPT Price Prediction 2023: TIE-Ups by IMPT
IMPT is creating a unique platform to heal the world. Many brands/companies have already collaborated with IMPT and the platform has already started providing incentives to companies and organizations to reduce their carbon footprint
.
Some of the world famous brands such as Nike, Puma, Dyson, Netflix and Samsung have already collaborated with IMPT.
What is IMPT’s native currency? The IMPT token is the native token of the IMPT platform
.
- The IMPT token is used as a currency on the Impt.io carbon market
- Users can purchase carbon credits (NFT) and products from affiliated brands on the platform.
- Owning IMPT tokens unlocks premium services and access to trading opportunities and special NFT collectibles
- The use of IMPT tokens translates into commission discounts and wider sales margins on purchases
- The project will move towards a completely decentralized structure and users will be able to participate in the governance vote through a future DAO.
IMPT is a moderate investment case at this point, but it could become a good investment case depending on the execution.
IMPT Price prediction: Will IMPT reach $1?
To reach $1, IMPT will need to increase 117 times higher. At $1, the market capitalization of IMPT would be $1.3 billion. If the IMPT were to increase at a rate of 25% every year, it would take 22 years to reach
100 dollars.
Given this data, let’s take a look at the viability of $100
- Investment quality — Moderate quality
- Growth needed to reach $100 — Not feasible
- Market Cap at $100 — Feasible
- The time needed to reach $100 with 25% growth — Not feasible
There is no chance of IMPT reaching $1. However, if 95% of the coins have been burned. The chances would improve. At 95% it burns
—
To reach $1, IMPT will need to rise 6 times higher. At $1, the market capitalization of IMPT would be $66 million. If the IMPT were to increase at a rate of 25% every year, it would take 8 years to
reach $1.
Given the quality of the investments, a lot of work needs to be done on the use cases to be really valuable to investors.
IMPT Price Prediction 2023, 2025 and 2030
- IMPT Price Prediction 2023: US$ 0.0159
- IMPT Price Prediction 2025: US$ 0,0314
- IMPT Price Prediction 2030: US$ 0.145
IMPT Price Prediction: Exchanges that list IMPT tokens
The developers of IMPT have announced the list of IMPT tokens on the two exchanges that are expected to increase in the coming days.
IMPT carbon absorption projects
IMPT has invested and developed projects around the world in order to provide its customers with projects in which they can invest. Here are some projects in which IMPT has invested or developed
:
- The Envira Amazonia project
- Rimba Raya Biodiversity Reserve Project
- Jiangxi Province Le’an County Forest Farm Carbon Well Project
- Inner Mongolia Chao’er has improved the forest management project
- Yunnan Kunming Liangqu improved the forest management project
- Premier Forest Biochar
In addition to the above projects, there are a number of other projects in which Impt.io has invested or developed.