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	<title>POS &#8211; Crypto Market Insights: Dive In with CryptoUpdate.io</title>
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	<link>https://cryptoupdate.io</link>
	<description>Latest cryptocurrency news, market updates and analysis</description>
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		<title>IMPT Token Presale Blasts Past $500,000</title>
		<link>https://cryptoupdate.io/2022/10/05/impt-token-presale-blasts-past-500000/</link>
					<comments>https://cryptoupdate.io/2022/10/05/impt-token-presale-blasts-past-500000/#respond</comments>
		
		<dc:creator><![CDATA[Sophia N.]]></dc:creator>
		<pubDate>Wed, 05 Oct 2022 14:33:46 +0000</pubDate>
				<category><![CDATA[New Altcoins]]></category>
		<category><![CDATA[blockchain]]></category>
		<category><![CDATA[carbon]]></category>
		<category><![CDATA[carbon credit]]></category>
		<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[cryptocurrency exchange]]></category>
		<category><![CDATA[Ethereum]]></category>
		<category><![CDATA[impact project]]></category>
		<category><![CDATA[IMPT]]></category>
		<category><![CDATA[IMPT.io]]></category>
		<category><![CDATA[NFTs]]></category>
		<category><![CDATA[POS]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=6112</guid>

					<description><![CDATA[<p>It was recently revealed that the Impact Project was able to raise over $500,000 in only 48 hours during the presale of its native IMPT token. It is a huge step forward for the Ethereum-based platform&#8217;s goal of creating a decentralized, transparent, and fair market for carbon credits via the use of blockchain technology and [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/10/05/impt-token-presale-blasts-past-500000/">IMPT Token Presale Blasts Past $500,000</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>It was recently revealed that the Impact Project was able to raise over $500,000 in only 48 hours during the presale of its native IMPT token. It is a huge step forward for the Ethereum-based platform&rsquo;s goal of creating a decentralized, transparent, and fair market for carbon credits via the use of blockchain technology and NFTs.</p>



<p>If IMPT&rsquo;s rise is anything like other similarly successful presale coins this year, the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> stands to earn significantly once it is listed on major exchanges. Sixty percent of the total supply will be sold in three stages, with the first stage making the currency accessible for $0.018 and the second and third stages gradually increasing the price to $0.028.</p>



<h2 class="wp-block-heading" id="h-impt-token-pre-sale-has-already-surpassed-500-000-setting-it-up-for-a-30x-increase">IMPT Token Pre-Sale Has Already Surpassed $500,000, Setting It Up for a 30x Increase</h2>



<p>The IMPT token presale has accomplished a lot in its brief existence thus far, including raising $150,000 in its first 24 hours.<br>Within the next two days, that number doubled to $500,000.</p>



<p>Following in the footsteps of (for example) Tamadoge (TAMA), whose (after being listed on OKX) price has climbed by a very remarkable 1,500% since its presale a month ago, this growth provides an idea of the type of appreciation IMPT may observe once it goes live on crypto-exchanges.</p>



<p>In the same vein as Tamadoge, the Impact Project has solid underpinnings (detailed in the project&rsquo;s whitepaper) that should keep people interested in the token even after the presale is over.</p>



<p>It&rsquo;s building a blockchain-based decentralized exchange for carbon credits, as it was said up top. Not only will it facilitate the buying and selling of carbon credits, but it will also provide incentives for the patronage of participating companies in the Impact Project, all of whom are committed to environmental sustainability in some form.</p>



<p>The Impact Project&rsquo;s use of the Ethereum blockchain basically ensures that carbon credits may be sold openly, avoiding the possibility of double-spending credits or their inappropriate retirement.</p>



<p>At the same time, the Impact Project will encourage people to buy greener products by connecting them to environmental initiatives and businesses that are cognizant of their impact on the planet. It will be accomplished in part by awarding them credits based on the NFT and by providing them with an IMPT.io score that increases as they participate in more environmentally friendly activities.</p>



<p>Due in large part to this novel idea, the Impact Project&rsquo;s early sales have been very successful. With just five percent of the $10.8 million (or 600 million IMPT) quota sold so far, it seems probable that this auction will terminate before its November 25 deadline.</p>



<p>The Impact Project has not revealed any planned or confirmed swaps, although it undoubtedly has some in mind or in the works for when the presale period expires.</p>



<p>Based on this year&rsquo;s sales history, early investors will be rewarded handsomely for their foresight when the company first goes public with its listings. It may not have come at a more opportune moment, with the market&rsquo;s apparent need for environmentally conscious businesses and platforms after Ethereum&rsquo;s switch to <a href="https://cryptoupdate.io/2022/09/15/merge-has-happened-ethereum-makes-history/">proof-of-stake</a>.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/10/05/impt-token-presale-blasts-past-500000/">IMPT Token Presale Blasts Past $500,000</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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		<title>Altcoin Defies correction of Crypto Market with 43% hike in Price!</title>
		<link>https://cryptoupdate.io/2022/04/19/altcoin-defies-correction-of-crypto-market-with-43-hike-in-price/</link>
					<comments>https://cryptoupdate.io/2022/04/19/altcoin-defies-correction-of-crypto-market-with-43-hike-in-price/#respond</comments>
		
		<dc:creator><![CDATA[Chavy S.]]></dc:creator>
		<pubDate>Tue, 19 Apr 2022 07:01:43 +0000</pubDate>
				<category><![CDATA[New Altcoins]]></category>
		<category><![CDATA[CoinShuffle++]]></category>
		<category><![CDATA[Decred]]></category>
		<category><![CDATA[Monero]]></category>
		<category><![CDATA[POS]]></category>
		<category><![CDATA[POW]]></category>
		<category><![CDATA[ZEC]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=4524</guid>

					<description><![CDATA[<p>Since many crypto assets undergo the action of downward price. You need to overlook the altcoin has defied recent market condition of the digital assets. Decred (DCR) is basically cryptocurrency by using the hybrid POW or proof of work along with POS or proof of stake with consensus model. While the blocks are also mined [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/04/19/altcoin-defies-correction-of-crypto-market-with-43-hike-in-price/">Altcoin Defies correction of Crypto Market with 43% hike in Price!</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Since many <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> assets undergo the action of downward price. You need to overlook the altcoin has defied recent market condition of the digital assets. Decred (DCR) is basically <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> by using the hybrid POW or proof of work along with POS or proof of stake with consensus model.</p>



<p>While the blocks are also mined on Decred. Some portion of the rewards are also given to the POW miners. Though, the stake voters get some other cut. The third or the small portion goes to the Project Treasury fund. It is mainly used for the development of such protocol.</p>



<h2 class="wp-block-heading" id="h-altcoin-working-for-decred">Altcoin working for Decred</h2>



<p>Decred is even working on the ways for implementing the privacy in simple ways as compared to other coins. These are Zcash (ZEC) or Monero (XMR) by using the codeset known as CoinShuffle++.</p>



<p>Lately, the Decred community has also voted on the proposal for reducing POW <a class="lar-automated-link" href="https://www.goldshell.com/product/goldshell-al-box-%e2%85%b1/?campaign=cryptoupdate&amp;gsaf=fehumarketing" rel="nofollow noopener" target="_blank" 8475>mining</a> rewards. These were reduced from 60% down and came to 10%. For defending against the &ldquo;malicious miners&rdquo; with the history of the price management. Apart from this, the stake voters of Altcoin will also have the rewards raised from about 30% to 80% under such update.</p>



<p>There has been the hidden risk that we found with POW Decred is that the malicious <a class="lar-automated-link" href="https://www.goldshell.com/product/goldshell-al-box-%e2%85%b1/?campaign=cryptoupdate&amp;gsaf=fehumarketing" rel="nofollow noopener" target="_blank" 8475>mining</a> can cartel. Rather it is about selling at the market prices. It also accumulates a huge <a href="https://cryptoupdate.io/2022/04/18/an-investment-firm-planning-to-invest-in-cryptocurrency-start-ups/">inventory</a> of the Altcoin. This may be wielded as the weapon against the positive action of price.</p>



<p>Though the risk has also been exposed with <a href="https://decred.org/" rel="nofollow noopener" target="_blank">Decred</a>. The similar kind of strategy has been applied for each notable coins of majority-pow. People that usually care about pow with their fairness must be aware of the hidden risk.</p>



<p>POS and POW have notable strengths for Altcoin. However, we have found typically-overlooked set of risk of the <a class="lar-automated-link" href="https://www.goldshell.com/product/goldshell-al-box-%e2%85%b1/?campaign=cryptoupdate&amp;gsaf=fehumarketing" rel="nofollow noopener" target="_blank" 8475>mining</a> cartel that is suppressing markets with their inventory is the huge downside to POW.</p>


<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/04/19/altcoin-defies-correction-of-crypto-market-with-43-hike-in-price/">Altcoin Defies correction of Crypto Market with 43% hike in Price!</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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