While the cryptocurrency market is experiencing some difficulties following the FTX affair, more and more ecological cryptos are developing. Indeed, the crypto industry remains extremely energy-intensive and has often been criticized for this fact. Therefore, Cardano (ADA), which is a green crypto, could obtain a much more substantial value during the year 2023. And if you are interested in even greener alternatives, discover with us the IMPT project in this article.
Cardano and green cryptos
Among the different types of cryptocurrencies, we find those called green cryptos or ecological cryptos. These offer projects with the aim of supporting sustainable development and the environment in general.
As a bonus, they tend to avoid consuming more energy than necessary, this is particularly the case with Cardano (ADA). Indeed, there are mainly two operating modes on the blockchain with on the one hand the Proof-of-Work protocol and on the other the Proof-of-Stake protocol.
Bitcoin, for example, uses the Proof-of-Work (PoW) for transactions and ensure the security of its blockchain. Although this is an effective method, it also consumes a lot of energybecause it puts many miners in competition who must perform various calculations to solve the equation on the blockchain, but only one miner is then rewarded.
On the other side, the Proof-of-Stake protocol, recently adopted by Ethereum following The Merge, is the protocol under which Cardano operates. With this one, there are no more miners in competition, but simply validators which are randomly selected to perform checks on the blockchain.
Thus, in addition to its project, a green crypto must also know how to adapt to the conditions of new technologies facing the environment. This is what Cardano does. The crypto has struggled for the past few months with its Vasil update, but looks set to see an upside soon.
Cardano Price Prediction in 2023
Although it is difficult to predict the price of a cryptocurrency over the long term, especially during a bear market, certain indicators can help to draw a model with more or less accuracy as to the evolution of a crypto. over the coming months.
So, Cardano, according to experts, could have reached $0.50 around the end of November, but that was before the FTX affair which caused a wave of panic on the whole medium.
Nevertheless, the cardano project is solid and could reach $0.50 by the end of the year. Looking to 2023, ADA could climb above $1 fairly quickly if market conditions are right and end up around $2.20 in December 2023.
On the other hand, if the bear market continues, Cardano could not cross the $1 mark until mid-2023, or even the end of the year. It will therefore be necessary to be vigilant according to the evolution of the market in the months to come.
An alternative with significant potential
The green cryptos sector is on the rise and is therefore seeing several projects develop, including IMPT, which is in presale since October 3rd. The goal of the project is to become the market leader in carbon credits while supporting environmental projects and helping users track their carbon footprint.
The carbon credits came into being through the Kyoto Protocol. Their use serving primarily the professional world, more and more individuals are interested in them. Indeed, these certificates that can be sold or bought give permission to emit a certain amount of CO2.
Thus, IMPT wishes to allow via its platform to sell and buy carbon credits in the form of NFT. This will provide more transparency and better monitoring using new technologies. Indeed, the carbon credit market is constantly growing, but faces fraud or duplication problems that are easily avoidable. using blockchain.
More than 25,000 partners behind IMPT
Many partners have joined the project and each week new companies are added to this already important list. Thus, there are currently more than 25,000 partners behind IMPT. These are large companies marketing diverse and varied products.
Among the largest, there are among others Amazon and Apple, but you can also find Hugo Boss, Acer and more. IMPT aims to offer an online store where it will be possible to buy more than 2 million products.
The purchase of one of these products online or in person at a partner company will generate a certain amount of IMPT tokens until you can have enough with your purchases to buy the carbon credit of your choice while helping to support environmental projects.
It is therefore a good way to contribute to the environmental effort while paying attention to your carbon footprint. There will also be a burn mechanism allowing you to consume your carbon credit and be rewarded with other NFTs.
Presale in progress
The presale therefore started on October 3 at a price of $0.018 for an IMPT token. For the past few days, the second phase has taken over, increasing the price of a token at $0.023. At the time of writing these lines, the total amount collected amounts to more than 12.5 million dollars.
A third phase will take place no later than January 31 or as soon as phase 2 has reached the goal of $25 million. The price of an IMPT token will then be $0.028. Just like Cardano, IMPT is a green crypto and its IMPT token is an ERC-20 token, therefore based on the Ethereum blockchain.
IMPT has significant potential, but also with its ability to surround itself with many brands strengthens the credibility and sustainability of the project. Thus, there is a good chance that this cryptocurrency will establish itself in the long term and will be more present in the landscape in the future.
To participate in the presale, just go to IMPT.io. Payment for IMPT tokens is done using Tether (USDT) or Ether (ETH). It is also possible to buy ETH via Transak directly on the IMPT site. Finally, regarding IMPT tokens, you will not receive them immediately. You will have to wait for the end of the presale and click on the “Claim” button so that they are sent to your crypto wallet.
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