IMPT Token: Investing in a Sustainable Future?

Proof of stake blockchain has become increasingly popular in the cryptocurrency world. The term ICO, or initial coin offering, has mixed feelings associated with it, but if you want to operate in a decentralized manner, you're going to need to have a Metamask wallet. 

IMPT is a blockchain-based startup that links people and companies trying to lower their carbon impact with socially conscious enterprises. In this post, we'll examine IMPT in more detail and consider how it affects the environment.

Overview of IMPT

IMPT claims to have an impactful carbon offset program that enables you to buy, sell, or retire carbon credits. Their platform uses blockchain technology to prevent double counting and fraud, and they're bringing their token to the market with a token sale. They have a KYC certificate, are verified by Coin Sniper, and have an audit completed by Hacken. However, there are still some risks associated with the project.

Risks of IMPT

The deployer can provide two lists that contain addresses and amounts in the constructor of IMPT, which can change the total supply of IMPT tokens. Investing in operator contracts is also not in the scope of the audits, so the security of those contracts cannot be guaranteed.

Token Distribution

IMPT is an ERC20 token that will live on the Ethereum chain with a total supply of 3 billion tokens. The token sale is divided into four parts, with 42%, 50%, 60%, and 70% going to each part, respectively. Thirty percent goes to the ecosystem, 5% to the team, 10% to marketing, and 10% to early adopters.

Validation of IMPT

IMPT has attached faces to their project, such as Dennis Creighton, who has been working on this project for over a year. He puts it on his LinkedIn and has a video talking about the project, emphasizing its one-of-a-kind carbon credit program built on the blockchain.

Is IMPT a Sustainable Investment?

IMPT's carbon offset program has the potential to be impactful and provides an opportunity for socially responsible brands to connect with businesses and individuals who want to reduce their carbon footprint. However, there are still risks associated with the project, and it's up to investors to determine if it's a sustainable investment.

Conclusion

In conclusion, A blockchain-based project called IMPT seeks to link businesses and people wishing to cut their carbon footprint with socially conscious brands. 

While there are risks associated with the project, IMPT has taken steps to validate their project, and it's up to investors to determine if it's a sustainable investment. The impact of IMPT remains to be seen, but its carbon offset program has the potential to be impactful