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NewsBTC 2022-10-06 18:03:41

Can Crypto Go Green? Learn About IMPT Exciting Plans for the Planet

With the negative stigma surrounding the amount of energy cryptocurrency uses, it’s about time crypto projects step up and start to make a difference from inside the industry. One project that entirely focuses on helping crypto go green is IMPT – a blockchain-based carbon credit ecosystem. Putting Carbon Credits on the Blockchain IMPT’s mission is to positively impact the environment by connecting socially responsible brands with businesses and individuals seeking to reduce their carbon footprint. In addition, they intend to provide a straightforward method for users to buy, sell, and retire carbon credits online. Carbon credits are permits that represent carbon emissions removed from the atmosphere, with one carbon credit representing one ton of carbon dioxide removed. By law, large companies are often required to purchase carbon credits to offset their carbon footprint that results from their industrial output. However, although large companies have obligations to buy carbon credits, small businesses and individuals are often hesitant to enter the market due to its fragmented and complex structure. IMPT is an ecosystem that seeks to change the carbon credit market by helping users easily buy, sell, and retire carbon credits The ecosystem is comprised of the following; A Carbon Marketplace A Shopping Platform A Social Platform Carbon Credit NFTs Users can purchase carbon credits directly from the Carbon Mark...

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