The Impact Project has just announced raising over $500,000 in the presale for its native IMPT token, with this milestone having been achieved in 48 hours. This represents a significant early achievement for the Ethereum-based platform, which plans to use blockchain technology and NFTs to establish a decentralized, transparent and fair market for carbon credits.

Based on other coins that have had similarly successful presales this year, such growth sets IMPT up for notable gains once it receives its first exchange listings. 60% of the coin's overall supply will be sold in three stages, with the current -- and first -- stage making it available at $0.018, before its price rises eventually to $0.028.

IMPT token's presale has already marked some important milestones in its very short life so far, having raised $150,000 in its initial 24 hours. Then this figure rose to $250,000 within 48 hours, before doubling to $500,000.

This growth offers an indication of the kind of appreciation IMPT may witness once it goes live on crypto-exchanges, following in the footsteps (for example) of Tamadoge (TAMA), which (after being listed on OKX) has risen by a hugely impressive 1,500% since its presale a month ago.

And as with Tamadoge, the Impact Project has some sound fundamentals (as outlined in its whitepaper), which promise to sustain interest in its native token long after its presale has ended.

As stated above, it's creating a decentralized marketplace for carbon credits, based on the Ethereum blockchain. Not only will it enable individuals (and businesses) to trade such credits, but it will