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It’s that time of the year again – the crypto craze is in full swing! And one of the most popular cryptocurrencies just coming into the market is IMPT. If you’re curious about how to buy this token, or just want to learn more about it, read on! This guide will go over the major platforms that you can use to buy IMPT instantly, as well as discuss some key characteristics of IMPT at large. We’ll also cover how to buy IMPT now, how to buy IMPT online, and many more.

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How To Invest In IMPT in 2023

Investing in IMPT in 2023 is a great way to diversify your portfolio and gain exposure to a growing and promising market. We have broken down to bits how to invest in IMPT in 2023. Follow these steps:

Step 1: Buy ETH from eToro

To invest in IMPT, you will first need to hold ETH tokens. This is because IMPT is an ERC-20 token which means that you will need to swap ETH for IMPT through a decentralized exchange.

buy ethereum from eToro

You can purchase ETH from eToro in a few simple steps:

  1. Create an eToro account with your email address.
  2. Verify your ID with a passport or drivers license.
  3. Deposit funds with credit/debit card, wire transfer, PayPal or Skrill.
  4. Search for ETH in the crypto marketplace.
  5. Buy  ETH with a minimum of $10.

Step 2: Transfer ETH from eToro to MetaMask

to swap your ETH tokens for IMPT, you will need to transfer them to a wallet that can be connected to the Uniswap exchange. There are three options: MetaMask, Coinbase Wallet or WalletConnect.

For the purpose of this guide we will be using MetaMask.

To send funds from eToro to MetaMask:

  1. Move ETH from the eToro trading platform to the eToro Money wallet.
  2. In the wallet, click on ETH and choose ‘send’.
  3. Determine the amount of ETH that you would like to send and then type in your MetaMask wallet address. Make sure to use the Ethereum Mainnet address for this transaction.
  4. Double check your wallet address and then click ‘send’.
  5. It will take a few minutes for the tokens to appear in your MetaMask wallet.

Step 3: Connect MetaMask to Uniswap

Next, you will need to connect your MetaMask wallet to the UniSwap exchange. To do this, simply click ‘connect’ in the top right hand corner of the webpage  and choose the MetaMask option. If you are using a different wallet, simply choose the wallet that is applicable.

You will then need to login to your MetaMask wallet through the extension to finalise the connection.

Step 4: Swap ETH for IMPT

Once you have connect your MetaMask wallet to Uniswap, you will be able to swap your ETH tokens for IMPT.

Choose how much you would like to swap and then finalize the transaction in the token swap feature of the UniSwap exchange.

IMPT will be launched on further exchanges in the future which will provide investors with an opportunity to buy IMPT directly with card or bank transfer.

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What is IMPT?

impt.io logo

IMPT is a blockchain-based platform that helps individuals and businesses to offset their carbon footprint easily and securely. Their objective is to provide everyone with the chance to improve the environment and bring about good change.

IMPT.io links users to hundreds of significant environmental projects taking place all over the world to lower carbon emissions and help the environment. Additionally, IMPT.io collaborates with thousands of the biggest retail businesses that set aside a certain portion of their sale margin towards environmental programs. It builds up in the form of IMPT tokens in users’ accounts.

IMPT and Carbon Credits

The platform allows customers to purchase and sell carbon credits in return for IMPT tokens. Carbon credits are then tokenized, so users receive them as NFTs. Additionally, a decentralized ledger (that anyone can track) houses the NFTs, and this guarantees transparency and traceability. This prevents fraud and double counting because the distributed ledger records all platform users’ transactions , where they are virtually impossible to tamper with.

what is impt

Burned NFTs are transferred to a null address when the user retires carbon credits, removing all of their NFTs from circulation in the process. This transaction is recorded on the blockchain, and the NFT is no longer functional. Additionally, when they retire their carbon credits, consumers receive one-of-a-kind NFT made by artists. These NFTs are available for trading by users on the market and hold significant value.

The possibility for each person and organization to gauge their environmental impact is another standout aspect of IMPT.io. A social platform that will enable everyone to have an IMPT.io score will be created, allowing them to track their level of impact. The platform will make use of impact points, which are rewards for businesses and consumers for reducing climate change.

The platform will get 10% on all activities within it, including revenue from selling tokenized carbon credits, buying carbon credits, shopping on the site, and trading art NFTs.

How do the Carbon credits work in the actual sense?

A carbon credit refers to a process that lowers greenhouse gas emissions. Carbon emissions removal from the atmosphere is represented by carbon credits, commonly referred to as carbon offsets. One carbon credit permits the emission of one ton of carbon dioxide. Any approved climate action project (like IMPT.io) that reduces, eliminates or captures emissions can create carbon credits. These credits may be purchased by people and organizations who want to offset their carbon emissions either directly or through a broker.

To understand how this works, let us look at an example. Let’s say the law permits Apple to emit only 50 tons of Carbon dioxide per annum, but they looked at their projection and saw that they are likely to emit 60 tons of carbon dioxide. Apple would then purchase 10 carbon credits (remember 1 ton of CO2 = 1 carbon credit) to remain in check with the government guidelines.

What existing carbon credit problems will IMPT.io solve?

  • Credible and Transparent ecosystem: The way the market is today, it is difficult for buyers to determine if they are paying a fair price due to the lack of pricing data. IMPT.io intends to solve this by making the carbon credit buy process simple and affordable.
  • Reward system: One of the significant ways to increase people’s interest in the market is by having a top-notch reward system. One of the reward strategies that IMPT.io introduced to motivate people and organizations is by developing the IMPT.io score, where users can gain points for their efforts and gauge their impact, and providing users with collectible NFTs for retiring their carbon credits.
  • Double selling carbon credits: This is done by using unretired credits to their advantage and selling allowances again to ignorant customers. Since the carbon credit will only ever exist as NFT on the IMPT.io platform going forward, which will be visible in a decentralized registry and trackable by users, double spending will no longer be an issue. When a user retires a carbon credit, the blockchain ledger records this data as a public, irreversible, and permanent transaction. The NFT is declared to be unavailable after this transaction is recorded on the blockchain, assisting in preventing fraud of any kind.
  • The problem of anonymity in the traditional system: Anonymity and traceability could also be guaranteed through the use of IMPT.io blockchain technology. The address holders typically remain anonymous until their identity is expressly disclosed, even if transactions between public addresses and the resulting balances can be tracked and confirmed with ease. In contrast, traditional financial transactions, such as those involving registries, rely on a rigid, check-the-box KYC procedure before any contact.

Your money is at risk

The IMPT.io economy ecosystem

Magic of shopping

IMPT.io assists platform users in reducing their carbon footprint when they shop, enabling them to responsibly address CO2 emissions. The online widget on IMPT.io enables customers to purchase products from its partner brands both offline and online and get the sales margin in the form of IMPT tokens in their wallets. The percentage of the sale margin that each brand will set aside for the project will vary.

Brand options

Over 10,000 connected brands will join IMPT.io with over 2 billion unique items once IMPT.io use cases are live. New brands will be delivered monthly by the retailer team. Each brand will be able to monitor and assess how its actions affect the environment and sustainable development on the social platform provided by IMPT.io. Each brand will have a score, which it can raise by engaging in various activities including connecting its store or online operations with the platform and providing rewards for purchases.

Environmental project options

Hundreds of the most significant environmental initiatives from all around the world have partnered with IMPT.io. IMPT.io allows only globally accredited projects. To assure the authenticity of each carbon offset project, they carefully chose and reviewed each one.

The initiatives include wind farms, sustainable energy production facilities, forest conservation, and other cutting-edge ideas that have a significant impact on everyday life.

Sustainable Blockchain

IMPT.io is creating a transparent and equitable carbon credit economy that allows any person to have a beneficial influence on the environment by using blockchain technology. IMPT tokens are built on the Ethereum blockchain, whose recent move to the proof-of-stake consensus mechanism is responsible for a 99.99% reduction in carbon dioxide emissions.

Is IMPT A Good Crypto To Buy?

IMPT is a good crypto to invest in 2023. It is no longer news that we have started experiencing the effects of climate change globally with increasing carbon dioxide levels, wildfires, declining agricultural output, and rising ocean levels. Every year, the amount of carbon dioxide released into the atmosphere increases globally, which ultimately raises global temperatures. This is why the carbon offset market is not just a means to make a profit but a necessity. The mandatory and voluntary markets, which have respective market values of $271 billion and $2 billion (as of 2021), make up the carbon offsets market.

There is an expectation for the continuous growth of this market with the voluntary carbon market expected to hit a $50 billion valuation by 2025. This is why investing in carbon offset projects makes so much financial sense right now.

How Long Did The IMPT Presale Event Last?

IMPT presale was one of the most anticipated events of the year in the crypto community and for good reason! The presale ran for a limited time in two phases and ended on the 11th of December 2022. The first phase of the presale began October 3, 2022. Each token was sold for $0.018 during the first phase of the presale. This will increase to $0.023 during the second phase. The second phase of the presale will start after the sell-out of phase 1 or December 1st, 2022. 660 million IMPT tokens are made available for the second phase. The final phase commences after the end of Presale 2. 540 million tokens are available in this final phase with each costing $0.028.

2nd phase of presale to commence after sell-out of phase I or Dec 1

Your money is at risk

What Exchanges Will List IMPT?

No exchange has made an official announcement yet. However, just like other new projects like Tamadoge, it is expected to be listed on exchanges after going live. When the presale event ends, exchange listings will be announced by the team.

What Tokens Can Be Exchanged For IMPT?

Currently, you can exchange IMPT for ETH and USDT. When it starts getting listed on exchange platforms, this number might increase.

Is IMPT Better Than Bitcoin?

IMPT is a new platform that is better than Bitcoin for several reasons. First and foremost, IMPT is built on the Ethereum blockchain which was recently moved from the proof-of-work mechanism to the proof-of-stake consensus mechanism. This has made the Ethereum blockchain more energy efficient, while it is estimated that one Bitcoin transaction takes about 1,449 kWh to complete. This makes mining bitcoin to be more expensive.

Additionally, the proof-of-work mechanism that Bitcoin runs on contributes a lot to carbon dioxide emissions. According to studies, Bitcoin alone might generate enough CO2 emissions to raise global warming by over 2 °C in less than three decades. The proof-of-stake consensus mechanism is more environmentally friendly and reduces carbon footprint drastically.

Finally, the Ethereum blockchain (on which IMPT runs) is more scalable than Bitcoin, by allowing transactions to run in parallel.

Top Tips For Investing In IMPT Safely

The IMPT presale event has now ended and tokens can instead be bought from UniSwap on December the 14th.

Use a secure internet connection

When it comes to investing in the IMPT token make sure that you are using a secure internet connection. This is vital as your wallet and personal information are at risk. Make use of incognito mode if necessary to connect securely and anonymously.

Use a reliable wallet

Always make sure to use a safe and reliable wallet when investing in crypto tokens – this will protect your funds from being lost or stolen. For the IMPT token, Metamask wallet is recommended for desktop users while Coinbase wallet is recommended for mobile users. Moreover, it is vital that you have a diversified portfolio so that you can weather any potential cryptocurrency market volatility.

Never share your login details

Never share your login details with anyone – not even your friend or family. This is the most important rule to keep in mind when it comes to keeping your IMPT investment safe. By doing so, you’ll be able to avoid any possible scams and thefts that might occur when you log in.

Make sure you have enough money to cover the full price of the IMPT tokens. If you don’t, you won’t be able to purchase them at all and risk losing out on a chance of getting hold of some great crypto assets! And finally, always use a secure password when logging into your account . This will make it virtually impossible for someone else other than yourself to access your token holdings.

Ensure that you are using the correct exchange website

It is important to use the official exchange website when investing in IMPT. By doing so, you can be sure of making a secure and safe purchase. Check the web address very well. impt.io is different from impt.com or impt.org. There are a lot of crypto scams out there, be careful.

How To Invest in IMPT- Conclusion

Investing in IMPT is a great way to make a profit while contributing to the greater good. We have outlined the entire process of buying IMPT in 2023 and the features that make the coin to be more scalable and sustainable. Once it goes live, IMPT could become the next big thing.

impt

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FAQs

What is IMPT used for?

The token has several purposes. To understand what the utility of the token looks like, here are example use cases: Payments in the IMPT.io platform, discount on fees, participation in DAO and unlocking advanced features.

Can I buy IMPT with a debit card?

Not directly. However, you can use a debit card to buy ETH, which you can then exchange for IMPT.

Are crypto presales profitable?

Yes, crypto presales can be profitable for investors and traders. A crypto presale is simply an event where a company sells tokens before its main token sale. These events help to build buzz and attract new members to the project. Investors who participate in a crypto presale may receive bonuses or other benefits such as discounts on future token sales. Also, it allows investors to get on the project early, which can also mean early profits.

How much is IMPT worth in 2022?

It's impossible to say for certain what the value of IMPT will be months after going live. However, each coin currently costs $0.018 during Presale 1. This will increase to $0.023 per coin during Presale 2 and $0.028 for Presale 3.

Why should I buy IMPT?

IMPT is a digital asset that has the potential to increase in value over time and also allows contributing to the fight against climate change and having a positive environmental impact. Also, governments are adopting policy changes that encourage renewable energy investment, so businesses in this area have stability and room to develop.

About Maryam Jinadu
About Maryam Jinadu

Maryam Jinadu is a freelance crypto & fintech writer. After completing her pharmacy degree at the University of Lagos, Nigeria, in 2018, she began writing professionally in fintech. She has worked with top fintech/crypto companies such as Bit.com, Equalizer, Koinly, Olymp Trade, Salesgnomics, Scribbr, and Swapzone. She currently freelances on Upwork and writes weekly reviews at 18digits.com. Maryam lives in Manchester, United Kingdom and can be found on LinkedIn @Maryam Jinadu.

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