What is PLANET? All You Need to Know About PLANET

The PLANET coin, central to the Planet ReFi ecosystem, catalyzes the fusion of Web3 innovation with stable RWAs for growth and yields.

The drive for environmental sustainability has never been more urgent or essential. This focus extends beyond simple conservation efforts, aiming to establish an ecosystem that actively rewards practices beneficial to the planet. The objective is to encourage a shift in behavior towards more sustainable living by aligning individual and collective actions with environmental goals. Leading this effort, Planet ReFi (PLANET) harnesses the power of web3 technology, offering rewards for actions that positively impact the environment, showcasing a dedication to blending sustainability with modern digital advancements.

What is Planet ReFi (PLANET)?

Launched in May 2023, Planet ReFi (PLANET) introduced an innovative platform aimed at tokenizing Real-World Assets (RWAs) and integrating them into the web3 ecosystem, focusing on sustainable growth. With the ambitious goal of transforming the $16 trillion RWA market, the initiative leveraged blockchain technology to tackle global social and sustainability challenges, aligning closely with the United Nations’ 17 Sustainable Development Goals (SDGs). The launch of the PLANET token marked a significant step, aiming to mobilize community involvement and fund environmental projects, transcending its initial meme coin perception.

The strategic rebranding from JoinOurPlanet to Planet ReFi later that year clarified its mission to bridge web2 and web3, promoting a comprehensive approach to sustainability. This was bolstered by a $100 million annual revenue model dedicated to supporting sustainability causes, ensuring profitability, and delivering tangible benefits to the community. Celebrity partnerships, including collaboration with football legend Lionel Messi, were pivotal in raising awareness and fostering dedicated communities around sustainability efforts, moving beyond mere endorsements to active participation in defining and advancing the platform’s goals. Planet ReFi’s journey reflects a commitment to merging digital innovation with environmental stewardship, setting a new standard for regenerative finance (ReFi).

How Does PLANET Work? Real-World Assets and PLANET DAO

At the core of Planet ReFi’s innovative approach is the tokenization of Real-World Assets (RWA), a strategy designed to merge the practical benefits of web2 with the cutting-edge innovation of web3. This fusion is set to transform the RWA market, projected to grow to $16 trillion by 2030, by introducing exclusive collections in collaboration with celebrities, or “GOATs” (Greatest Of All Times), who share the mission of Planet ReFi.

The platform’s initial RWA collection has garnered global attention, symbolizing a commitment to a sustainable future. These collections are unique, offering on-chain yield generation – a first for an eco-friendly RWA with practical utility for its holders. Through a dedicated mobile app, the journey of each RWA can be traced from production to delivery, providing transparency and exclusive benefits to holders. Moreover, Planet ReFi plans to extend the utility of RWAs into the Metaverse, enhancing their digital potential through innovative gaming experiences, which will be elaborated upon as the project progresses.

Excitement is mounting for the upcoming pre-sale event, where a limited run of 10,000 to 30,000 JTP Real-World Assets (RWAs) will be available. This launch, featuring a grand event across several international cities, signifies the tangible intersection of the digital and physical realms. Adding to the excitement, a “Super Experience Pass” worth over $100,000 will be up for grabs for three lucky buyers, underscoring the unique opportunities the platform offers.

Partnerships with industry giants like BNB Chain and Polygon underscore the platform’s commitment to broad accessibility and the benefits afforded to $PLANET token holders, including a significant pre-sale discount. The unveiling of the RWA by a globally recognized personality promises to be a landmark moment for Planet ReFi.

This venture into RWAs lays the groundwork for the next phase of Planet ReFi’s mission: the introduction of the PLANET DAO. This decentralized autonomous organization represents the next step in democratizing investment in sustainable and regenerative projects, further blurring the lines between digital innovation and real-world impact.

Source: planetrefi.com

PLANET DAO

PLANET DAO embodies the essence of community-driven progress within the Planet ReFi ecosystem, positioning $PLANET token holders at the forefront of pivotal decisions shaping the project’s future. By focusing on investments that bolster long-term economic sustainability, PLANET DAO is committed to securing a prosperous future for both Planet ReFi and its stakeholders. This strategy underlines a harmonious blend of financial growth and environmental stewardship, ensuring that the pursuit of economic gains does not come at the expense of the planet’s well-being.

Moreover, PLANET DAO plays a critical role in managing the ecosystem fund, supporting sustainable projects that demonstrate potential for significant environmental impact. This approach amplifies the project’s commitment to driving positive change, leveraging the collective power and insights of its community to identify and back initiatives poised to make a real difference. In conclusion, PLANET DAO is more than just a governance mechanism; it’s a testament to Planet ReFi’s dedication to creating a sustainable future through collaborative, financially sound, and environmentally conscious decision-making.

Source: planetrefi.com

What is the PLANET Coin?

PLANET is a digital currency supporting sustainability and governance in the Planet ReFi ecosystem. Its maximum supply is capped at 1 trillion units, of which 851.45 billion (85.15%) are already in circulation (March 2024).

PLANET Coin is a pivotal element of the Planet ReFi ecosystem, initially launched on the Ethereum blockchain and later extended to BNB and Base Chain for wider accessibility. With a total supply exceeding 1 billion tokens, its distribution is carefully planned: 85% as circulating supply, 6% for ecosystem partnerships, 5% to the team, and 4% for liquidity. This strategic allocation supports a balanced token economy and ensures an equitable spread across the community. Demonstrating a commitment to long-term success, Planet ReFi took a significant step by burning 3.6 billion $PLANET tokens, effectively reducing the circulating supply and signaling confidence in the project’s future.

Source: planetrefi whitepaper

The tokenomics feature an innovative staking mechanism where users can stake any amount above 1M $PLANET, earning rewards daily. This system is designed to be flexible, allowing staking on both Ethereum and BNB chains, and provides points as rewards, updated every 24 hours. Despite the openness of the staking system, users bear the transaction gas fees, underlining the importance of transparency and user responsibility in the ecosystem. Overall, PLANET Coin’s strategic distribution and staking incentives underline Planet ReFi’s dedication to fostering a sustainable, community-driven digital economy.

PLANET Use Cases

PLANET Coin is integral to Planet ReFi’s ecosystem, offering unique use cases that enhance user engagement and contribute to environmental sustainability:

• Mystery Boxes: Planet ReFi is set to unveil between 8 to 10 million digital collectible Mystery Boxes, priced around $10-15. These aren’t just ordinary boxes; each contains NFTs that reveal hidden JTP RWAs and various rarities, unlocking benefits like Super Experience Passes, yield generators, and community contributions. In a significant move towards sustainability, Planet ReFi commits to planting one tree for every Mystery Box sold, doubling the impact for purchases made with PLANET tokens. This initiative merges the excitement of digital collectibles with real-world environmental action.
• PLANET Rewards: The PLANET Rewards program is a sophisticated, gamified system integrated into the PLANET ecosystem. It allows token holders to stake their PLANET for extraordinary rewards, some valued over $100,000. With 10% of the platform’s revenue dedicated to enriching this rewards program, PLANET ensures its continuous evolution, enhancing the value and engagement of its community.
• Discounts, Early Access & Exclusive NFT Whitelists: As central components of the PLANET ecosystem, RWAs bridge the gap between traditional finance and innovative blockchain technology. PLANET holders are privileged with exclusive discounts, and early access to RWAs, NFTs, and Mystery Boxes. Additionally, holding a specific amount of $PLANET for a determined period unlocks rewards ranging from whitelist access to potentially free RWAs. This incentivizes long-term holding and active participation, strengthening the bond within the Planet ReFi community.
• Exclusive NFTs: PLANET is launching an exclusive NFT collection that features rare artworks and concealed Real World Assets (RWAs), providing $PLANET token holders with early whitelist access and unique discounts. This initiative is being developed in collaboration with leading NFT platforms and chains, ensuring maximum outreach and engagement. The collection aims to blend artistic value with tangible asset ownership, enriching the ecosystem’s diversity and appeal.

Through these initiatives, PLANET Coin stands as a cornerstone of the Planet ReFi ecosystem, fostering a community-driven approach to sustainability.

Planet ReFi Main Features

Planet ReFi stands on the cusp of launching the ‘JTP RWA,’ a pioneering Real-World Asset (RWA) championed by football legend Lionel Messi. This venture represents a significant leap in bridging the gap between web2 and web3 audiences, heralding a new era where RWAs generate widespread interest far beyond traditional blockchain enthusiasts. Such high-profile endorsements have catapulted the JTP RWA into the spotlight, marking a pivotal shift in the RWA landscape and broadening its appeal across various digital platforms.

Key features of Planet ReFi include:

• Innovative RWA Integration: The introduction of ‘JTP RWA’ sets a new benchmark for RWAs, blending the appeal of digital assets with tangible, real-world value. This move attracts diverse audiences and enhances the overall visibility and acceptance of RWAs.
• Ecosystem Fund: Central to Planet ReFi’s mission, the ecosystem fund supports projects aligned with environmental sustainability. It offers financial and strategic backing to initiatives promising innovative solutions and impactful results, fostering a culture of collaboration and innovation.
• Celebrity Collaborations: By partnering with celebrities deeply committed to environmental causes, Planet ReFi amplifies its reach and impact. These collaborations bring RWAs to new audiences, merging the allure of celebrity influence with meaningful sustainability efforts.
• Presence at COP28: Highlighted by Lionel Messi’s announcement, Planet ReFi’s participation in COP28 underscores its commitment to leveraging blockchain technology for sustainability. The event sets the stage for unveiling Planet ReFi’s RWA vision, illustrating its strategic approach to the RWA market and emphasizing the role of $Planet holders in this transformative journey.

Planet ReFi innovatively merges digital assets with real-world sustainability, leveraging RWAs, supporting impactful projects, and utilizing celebrity influence to drive environmental goals. Its active role in global forums like COP28 underscores its commitment as a forward-thinking platform dedicated to meaningful global change.

Is PLANET a Good Investment?

While blockchain technology offers a robust platform for enhancing environmental commitments by mitigating fraud risks, integrating NFTs and games into this framework raises questions about their necessity. These elements can potentially engage a broader audience and foster community involvement, yet their direct contribution to environmental preservation goals is not immediately apparent. Investors need to consider the broader impact and potential of these digital innovations, weighing their role in driving real-world sustainability efforts against the backdrop of the technology’s core environmental benefits. This nuanced understanding is crucial when evaluating the potential of investments like PLANET.

How to Own PLANET?

To own PLANET, you can use the services of a centralized crypto exchange. Start by creating a Gate.io account, and get it verified and funded. Then, you are ready to go through the steps to buy PLANET.

News on PLANET

Planet ReFi has unveiled its future roadmap in the latest whitepaper, marking a pivotal evolution in its ecosystem. Highlights include the much-anticipated JTP RWA reveal by the GOAT, Lionel Messi, the initiation of exclusive RWA sales, and a strategic shift towards platform-centric services. The roadmap also emphasizes expanding listings for increased visibility, forging new partnerships, rewarding the community, and empowering the collection and trade of RWAs. With plans to launch new RWA collections featuring collaborations with renowned celebrities, Planet ReFi is set to diversify its asset portfolio, promising an exciting future for its users.

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