Eco friendly crypto has ESG investors excited
IMPT is a brand new crypto currency focused on changing the world of carbon credits for the better. The project has been gaining traction over the course of the past few weeks, with impressive rates of participation in its presale meaning that the company has now sucessfully raised almost $13m to fund their vision - this is all the more impressive when one considers that the crypto markets are currently extremely bearish, with most assets down at least 80%, and exchanges blowing up all the time. The current system of carbon credits is antiquated The current state of carbon credits depends on an antiquated system, in which carbon credits are issued by the state for the use of companies. This means that it becomes prohibitively more expensive for companies to pollute in any given year, as there are fewer carbon credits issued each year. This is an old system, and means that carbon credits face natural issues when it comes to scaling and h...