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The Impact Project (IMPT) presale has now reached over $4.3 million in funds raised, less than two weeks after opening to investors. This represents an average daily raise of roughly $397,776, indicating that the decentralized carbon credit marketplace will reach the end of stage 1 of its sale in the next 19 days or so.
The Impact Project has set a $10.8 million target for this first stage, at which point the IMPT token's presale price will rise from $0.018 to $0.023, before eventually rising again to $0.028 once it enters the third and final stage. Following this, IMPT will receive its first exchange listings, and given the success that other new altcoins have had this year, it could end up securing a sizeable return for its early investors.
Since launching on October 3, nearly every day has brought a new milestone for IMPT's presale. It raised $150,000 within its first 24 hours, before reaching $550,000 within 48 hours, $1 million within 72 hours, $2 million within five days, $3 million within a week, and now over $4 million in 11 days.
The Impact Project's presale has gained so much momentum largely because of the platform's fundamentals, which tap into the growing concern of investors and much of the world for the Earth's environment.
Based on Ethereum, the Impact Project will enable consumers to shop via a network of "thousands" of retail brands, all of which direct a portion of their revenues to environmental initiatives. This means users will be able to support the development of ecofriendly activities and projects simply by shopping online.
On top of this, the Impact Project
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