IMPACTXP a potential GEM in the alt-coin space with a promising future
A guide on ImpactXP for new investors
ImpactXP has been trending on Twitter lately. In a see of red and with an overall market failing to make any significant moves, ImpactXP, thanks to it’s low market-cap and the major announcements upcoming at Dubai, seem to make it a very attractive project for investment, especially for the long term.
What is ImpactXP?
Ever since launching around the end of 2021, ImpactXP has maintained a quiet aura around the project. With various yet minor changes along the way, the most recent all time high was hype over ImpactXP’s announcement that they would be one of the first projects to list on SaitaMask.
Since then, the team of three developers have been hard at work in secret, preparing for the Dubai Crypto Expo event. It is there, where the team have prepared various major announcements that will ultimately transform ImpactXP from a “quiet alt token” to a major project with an innovative future.
As of writing this article, I can’t fully disclose the details of what will be announced in Dubai within the coming days. However, for new investors, these are just some of the various points of interest about this project that have me and many others heavily interested:
ImpactorMC - A platform to directly compete with CoinGecko and CoinMarketCap, focused on investor safety. The team felt that a lot of websites just fail to show investors when a project is a potential rug or has flawed tokenomics leading to scams. Their focus here is to innovate investor confidence and security by creating a platform where projects become verified, then they are graded on their security. Factors such as audits and locked liquidity would obviously influence the investor confidence rating. Additionally, users will have the option to connect their wallet in order to track their gained reflections from holding a token such as ImpactXP or any other token. This will be displayed in visual data too, so users can judge if HODLing their favourite project for reflections has been worth it.
Mining farm - ImpactXP is focused on the triple bottom line. One way they want to “have an impact” is by focusing on not just being a random crypto project, but actually enriching people’s lives and doing something positive for the environment. Essentially, ImpactXP has been working on areas they can utilize to farm crypto in order to add to the reflections holders recieve.
Sustainable energy - This is truly something you don’t see being done by a lot of projects in the crypto space, and when they do, it’s usually a “buy our token, save the planet” type of thing. However, with ImpactXP, they are doing real world work in establishing physical hardware that will generate electricity via solar, wind and other methods to power the mining farms. Jad, the CEO of the project also mentioned he would sell excess energy to local governments.
Play to earn game - This is something the ImpactXP team has been working on since last year and are yet to reveal more details about during Dubai Expo. You can see a visual preview recently Tweeted by the team, here:
A fully doxxed team and 5-year locked liquidity - To inspire confidence in early investors, the team set out a policy of fully doxxing themselves and the countries they reside in.
Giant marketing campaign set to begin - ImpactXP has been waiting for the Dubai event specifically to debut the above announcements, also, on their roadmap, it mentions the fact the team want to begin a large marketing campaign. The marketing wallet has been saving reflections for just that.
Heavy anti-dump tokenomics - When rounding up the fees of redistribution and burning, it comes up to 11% which is quite high for a project. However, these can be simply overcome by selling small incremental amounts. When whales have attempted to dump on Impact, it has resulted in enormous reflections for holders.
Partnership announcements - This, I don’t know much about, and I’m very curious about what it could be, however a recent Tweet by Jad and Aaron from Saitama, is making everyone curious what major partnership will kick-off ImpactXP into a parabolic frezny.
Big news 📰 coming for ImpactXP. @JadFarah12 in here shaking hands and making sold partnerships. Congrats bro. #SaitamaWolfPack #ImpactXP https://t.co/g66H2ELSuP#IMPACTORS you are gonna thank yourself and thank god that you invested in #IMPACTXP before the end of this year. Not gonna tell you more now . WE ARE #INEVITABLEIMPACTOR PRIME @JadFarah12
Should you invest?
Currently, the price is about 80%+ above from the bottom with the market cap sitting at about $70m. This means this project is essentially in it’s infancy stage so picking up a decent holding is very cheap.
The project’s initial run up was a minor hype drive from the SaitaMask listing announcement. However, back in December, the markets overall began to take a nose dive and the initial hype died out. Because the team was working on things behind the scene, there was nothing really to sustain a higher all time high at the time.
While the supply seems high at 500Q, that does not bear and impact for earlier investors as picking up a few trillion is super cheap. Additionally, the tokenomics have higher than average fees for selling and buying for reflections and burns. This means the supply has been and will burn more as the holders surpass 20,000 soon.
Concluding
You should ALWAYS do your own research on investments. But, I hope my article has been useful in explaining some of the various aspects and goals ImpactXP has that has made me personally very bullish on this project. It is truly reminding me of earlier days investing Saitama or other similar projects. And with such a small market cap, any small investment can definitely go a long way!