IMPT.io has the stated goal of connecting socially responsible companies and brands to businesses and individuals who want to offset their carbon footprint.
To achieve this aim IMPT.io is utilizing blockchain technology to make carbon offsetting and trading accessible to all.
Each retailer donates a proportion of the sales transacted through the IMPT.io widget or app. It is up to the retailer how much they wish to donate to the audited environmental, social and governance (ESG) projects that have been selected by IMPT.io.
Consumers will be able to choose from among their favorite brands by comparing the various sales margins for green projects offered by each retailer.
When an individual shops online with the IMPT.io widget or in-store using the app, they earn IMPT tokens that can then be exchanged for carbon credits.
IMPT.io unlocks scaling of carbon-offsetting and trading of credits
The project’s other core feature is to facilitate the buying, selling and ‘retiring’ of carbon credits on a blockchain-powered marketplace. By using blockchain technology, fraud in carbon credit trading can be eliminated and full transparency secured.
Each time someone buys an IMPT token they can convert it into a carbon credit, which in turn can be listed on the IMPT.io marketplace as non-fungible tokens (NFTs).
In addition, the IMPT token incentivizes the retiring of carbon credits by exchanging them for collectible NFTs designed by recognized artists.
The retiring of credits is achieved by burning them – a process whereby the tokens are sent to an address on the blockchain that can only receive tokens (not send them), effectively removing them from supply.
Along with accumulating IMPT tokens when shopping, consumers can buy the IMPT token directly on the IMPT website.
Individuals can then choose to either burn the credits to offset their carbon footprint, and receive in return a collectible NFT, or list the carbon credits on the IMPT marketplace where it can be traded as a financial asset.
Environmental, social and governance (ESG) is a $53 trillion opportunity of the century
According to Bloomberg Intelligence: “Global ESG assets are on track to exceed $53 trillion by 2025, representing more than a third of the $140.5 trillion in projected total assets under management.”
IMPT.io is providing the tools to allow businesses and consumers to play their part in fighting global warn]ming and environmental degradation, while profiting at the same time as whole industries are retooled and the renewable energy rollout gathers pace.
The team behind the project is led by highly experienced business executive CEO Denis Creighton.
How to take part in the biggest green investing opportunity of the year
To take part in the presale and to get in on the ground floor of the green revolution powered by blockchain technology, an individual or business can simply connect their crypto wallet at impt.io and buy the IMPT token with ETH or USDT (Tether stablecoin).
If prospective buyers don’t have ETH, they can buy it securely directly on the IMPT.io website using a card to make their purchase.