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

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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 nearly plant real-life timber and comply with its progress on-line.

The “Stake for the Plant” initiative permits house owners of PlanetWatch’s tokens referred to as PLANETS to stake the digital property of their Algorand {wallet} to earn a reward which can permit them to plant timber.

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 timber worldwide within the subsequent 5 years to help world reforestation.

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

At the moment, Treedom’s platform consists of 1,000 timber of 12 separate species throughout three totally 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 through air high quality information and mitigating local weather change,” Claudio Parrinello, PlanetWatch CEO, stated.

Picture supply: Shutterstock

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