ESG Investing is on the Rise and This New Crypto Token has Experts Excited – Find Out Why
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New eco-friendly crypto presale project IMPT has investors and experts extremely excited about its protocol - which will help fight global warming by utilizing blockchain technology.
The project is now in stage 2 of its presale after stage 1 raised $11 million in just three weeks, selling out its token allocation four weeks ahead of schedule.
The protocol will transform carbon credits into NFTs, making them fully tradeable on a custom-built marketplace and also help reduce fraudulent activity.
Environmental, Social, and Governance (ESG) investing is when investors target projects that positively impact the world in one way or another and strive to make it a better place.
IMPT fits into the category as it is a sustainable and eco-friendly crypto project that will help fight the climate crisis.
Social investing may include projects tackling homelessness, or poverty issues, while governance investing covers issues such as racism or pay inequality in the workplace.
It is an ever-increasing sector for conscious investors who want to use their money to drive positive change locally and globally.
Carbon credits are permits that allow holders to emit a certain amount of greenhouse gas into the atmosphere in exchange for funding verified conservation projects, offsetting their carbon footprint.
One carbon credit is worth one ton of CO2 and by transforming them into fully tradeable NFTs, IMPT will not only help individuals and businesses increase their carbon-offsetting efforts but cut fraud in the carbon credit market.
Holders can buy, sell, or hold their carbon credit NFTs as long-term
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