Experts Believe This Sustainable Crypto May Be the Future – Samsung and Microsoft Announced as Affiliate Partners Already
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New project IMPT is being viewed as one of the cryptos with the most potential for gains in 2022 and beyond after partnering with some of the world's biggest retailers.
The eco-friendly project has seen huge investment in its presale and has already raised more than $12.5million, selling out its first allowance of tokens four weeks ahead of schedule.
IMPT will use blockchain technology to help solve the climate crisis, offering carbon credits as NFTs and already securing partnerships with major firms such as Samsung, Microsoft, LEGO, and Amazon.
IMPT will bring carbon credit trading to the blockchain - not only making them tradeable for businesses and individuals, but reducing fraud in a market expected to grow exponentially in the next decade.
While the mandatory carbon market is worth nearly $300 billion, the voluntary market is currently worth just $2 billion annually.
However, according to Bloomberg, that could rise to as much as $100 billion by the end of the decade.
Carbon credits are permits that allow holders to emit a certain amount of greenhouse gas into the atmosphere in exchange for offsetting their carbon footprint by funding conservation projects.
One carbon credit is equal to one ton of CO2 and IMPT will allow users to buy, sell, or hold carbon credit NFTs as long-term investments on their marketplace.
Blockchain technology will also reduce fraud in that market, with the NFTs existing in an immutable and transparent ledger on-chain, fraudulent activity such as double counting - where two companies claim use of the same token - is massively reduced.
Furthermore, IMPT has
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