Crypto

PlanetWatch Partners with Treedom to Launch “Stake for the Planet” Initiative

PlanetWatch, in partnership with Treedom, has launched a “Stake for the Planet” initiative.

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PlanetWatch is the world’s first decentralised air high quality monitoring community constructed on the Algorand blockchain. Whereas customers of the Treedom platform can just about plant real-life bushes and observe its progress on-line.

The “Stake for the Plant” initiative permits homeowners of PlanetWatch’s tokens often known as PLANETS to stake the digital belongings of their Algorand pockets to earn a reward which is able to enable them to plant bushes.

Every tree is linked to a collectable non-fungible token (NFT) that displays its uniqueness, and proudly owning the NFT is the same as proudly owning the tree.

“Stake for the Planet” is step one in the direction of PlanetWatch’s pledge to plant 1 million bushes worldwide within the subsequent 5 years to help world reforestation.

PlanetWatch has mentioned that the “Stake for the Plant” initiative is step one in the direction of their pledge to plant 1 million bushes worldwide to help world reforestation within the subsequent 5 years.

At present, Treedom’s platform consists of 1,000 bushes of 12 separate species throughout three completely different continents.

“Saying our partnership with Treedom and the launch of Stake for the Planet on Earth Day displays our double dedication to defending public well being by way of air high quality information and mitigating local weather change,” Claudio Parrinello, PlanetWatch CEO, mentioned.

Picture supply: Shutterstock

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