The Planet token enables all transactions in the PlanetWatch ecosystem
Planets are utility tokens issued on the Algorand blockchain. Planets are earned when a sensor sends valid air quality data to PlanetWatch.
Are needed to obtain most PlanetWatch products and services. Earth Credits are non-exchangeable and tied to a single user. The price of Earth Credits is fixed in EUR.
Maximum supply: 4,500,000,000 Planets 95% of max supply is used to reward air quality data sent to PlanetWatch over time.
5% of max supply is allocated immediately to PlanetWatch. Planets can be used to purchase Earth Credits from PlanetWatch at a discounted price.
Rewards breakdown
For each valid measure, Planet rewards are split as follows:
PlanetWatch provides a tool allowing the sensor owner to split rewards with a third party (e.g. a friend hosting the sensor).
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