ST. GENIS-POUILLY, France, June 3, 2021 /PRNewswire/ — Planetwatch, a French start-up which decentralizes and incentivizes environmental monitoring, announced that its utility token, PLANETS, will be listed on Bitfinex. PLANETS are the first Algorand Standard Asset (barring stablecoins) to be supported on a major international exchange.
Claudio Parrinello, PlanetWatch’s CEO said: “This is a major milestone for PlanetWatch. Less than 18 months after company creation, and despite the COVID-19 pandemic, we have managed to demonstrate that our Smart City as a Service solution, based on community sensor deployment and crowdsourced air quality data, can deliver business-grade data feeds in a fast and cost-effective way.”
PlanetWatch revolutionizes the way we measure air quality by using the Algorand Blockchain, IoT-enabled sensors and AI-based data analysis. PlanetWatch incentivizes citizens to operate air quality sensors and earn token rewards for data streams.
Sean Lee, CEO of the Algorand Foundation, said: “We are delighted to see Bitfinex support the PLANETS token. The PlanetWatch team have shown outstanding vision and innovation in creating their “Smart City”aaS concept and choosing to create their utility token ecosystem on Algorand’s sustainable, carbon negative blockchain network. We are excited to see the world discover the amazing potential of crowd sourced air quality monitoring and the PLANETS token.”
PlanetWatch is focusing on air pollution, because it causes…
