This New Crypto is Expected to 85x by 2023 - Here's Everything You Need to Know

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The cryptocurrency market has had a disappointing 2022, with its total cap sinking from $2.33 trillion on January 1 to just under $1 trillion today, making for a decline of 57%. However, while the overall picture has been underwhelming, a number of smaller and newer altcoins have beaten market averages, with such tokens including ApeCoin, Lido, Quant, Ethereum Classic, and Tamadoge.

There's a good chance that one more new altcoin can be added to this list: the Impact Project (IMPT). The Impact Project is a platform that uses the Ethereum blockchain and NFTs to incentivize more environmentally friendly behavior among consumers and businesses alike, allowing users to trade carbon credits.

It has just announced the presale for its native IMPT token in the past 24 hours, offering interested investors the chance to acquire 1 IMPT for $0.018. And at a time when the market's demand for proof-of-stake and ecologically positive blockchains appears to be growing, this presale has a very good chance of selling out.

Looking at the Impact Project's whitepaper, its avowed aim is to help "each individual and business offset their carbon footprint in an easy and secure way."

It intends to do this by combining its own IMPT token with a tokenization platforms for carbon credits, with carbon credits being tokenized as NFTs. By offering a marketplace for NFT-based carbon credits, the Impact Project will not only let individuals and businesses offset their carbon footprint, but also let those individuals and businesses that have already offset their footprint receive financial rewards for doing so.

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