NFT News by Thebittimes.Com

IMPT is the green cryptocurrency that is taking the world by storm thanks to the effort that their team is putting into the carbon credits revolution.  Putting carbon credits on chain  By putting carbon credits on chain, the team at the Impact Project are making the world of carbon credits far more efficient than they ever were before.  Until now, the system of carbon credits has been extremely opaque, only applied to companies, and the entire process of trading with them has been inefficient and antiquated.  By using the blockchain to trade carbon credits as NFTs, they can be traded 24/7 without interruption.  Capitalising on the ESG revolution  The team at the Impact Project are using their IMPT token to capitalise on the explosion of green investing the past few years.  By the year 2030, the carbon credits market is expected to have eclipsed a value of $50 billion, with the ESG market as a whole having reached a value of $30 t...

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin mining companies are increasingly selling equity, one of the least appealing ways to raise funds as profits dry up and borrowing becomes more expensive due to higher interest rates. In July, Core Scientific Inc., one of the largest publicly traded Bitcoin miners in the United States, entered into a $100 million common stock purchase agreement with B. Riley Principal Capital II. Iris Energy Ltd., an Australian miner, announced in September that it had agreed to sell up to $100 million in equity to the same investment bank. Argo Blockchain PLC, based in London, decided earlier this month to issue stock at a discount to an unnamed investor for $27 million. Bitcoin miners have been battered by low Bitcoin prices, rising energy costs, and fierce industry competition. During the crypto bull run, when investors expected Bitcoin prices to rise and publicly traded miners were seen as an efficient way to inve...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Only 16 days have passed since IMPT launched its presale, and this green crypto project has raised almost $6 million. Just yesterday, it surpassed the $5.5 million milestone. IMPT launched its presale on 3 October 2022 and scheduled it until 25 November 2022 or until it raises $10.8 million. Having raised more than half of the funds in just over 2 weeks, IMPT looks to be on track to sell out before its intended date. What is it about the IMPT token that makes it one of the most energy-efficient cryptos? IMPT is a green crypto initiative that connects investors concerned about the environment with enterprises that support environmentally-conscious causes. It has formed partnerships with numerous retail brands and enabled investors to receive IMPT tokens as rewards for shopping at their stores. The purpose of the project is ...