Planet TokenPrice

(PLANET)

"Join the Planet" is a nonprofit initiative supported by $PLANET that focuses on creating sustainable Real-World Asset (RWA) collections. Football legend Lionel Messi serves as the primary ambassador for the movement. The first product launched was a collectible replica of Messi’s iconic left boot, crafted from recycled materials recovered from the Paraná River. While Messi is the face of this movement, $PLANET functions as the native utility token for the broader ecosystem, powering sustainability efforts and providing exclusive access to these unique digital-physical products.

Staking $PLANET offers several key incentives for holders within the Planet ReFi ecosystem. Primarily, stakers are eligible for a share of the protocol's revenue, with 10% of the funds generated from RWA sales distributed back to the staking pool. Additionally, holders who stake their tokens can access a 30% discount when purchasing exclusive RWA collections, such as the Messi boot. To encourage long-term commitment, the platform utilizes an "unbonding period" and multipliers, where longer lock-up periods lead to higher potential rewards.

The "Amazon Flywheel" model is a business strategy designed to create a self-sustaining cycle of growth and scarcity. In the Planet ReFi ecosystem, revenue generated from the sale of tokenized Real-World Assets (RWAs) is utilized to perform "Buyback and Burn" events. By purchasing $PLANET tokens from the market and removing them from circulation, the project aims to reduce the total supply. Simultaneously, a portion of the revenue is channeled back into funding new environmental projects and sustainability grants, which attracts more participants to the movement.

The project characterizes $PLANET as a "Meme-Utility" token. This hybrid approach leverages the viral energy and community engagement typically found in meme culture to raise awareness for global environmental issues. However, unlike traditional meme coins, $PLANET provides tangible utility through the tokenization of Real-World Assets (RWAs), governance rights via the Planet DAO, and direct integration into a sustainable revenue-sharing model. It bridges the gap between internet culture and real-world impact by aligning with the United Nations’ 17 Sustainable Development Goals.

The Planet DAO empowers $PLANET holders to participate in governance by proposing and voting on which environmental projects receive funding. This decentralized approach ensures that the community directly influences the project’s sustainability efforts. To maintain transparency, the project utilizes blockchain technology to track the "provenance" or origin of materials used in their RWA collections. This allows users to verify that recycled materials are truly being used as claimed, ensuring that the project's actions remain transparent and align with global sustainability goals.

$PLANET is a cross-chain token, ensuring broad accessibility across the Web3 space. It is currently available on the Ethereum (ERC-20), BNB Smart Chain (BEP-20), and Base networks. Users can bridge their assets between these chains to participate in the ecosystem's various features, such as staking or purchasing RWAs. For trading and liquidity, $PLANET is listed on several major platforms, including LBank. This multi-chain presence allows the project to tap into diverse ecosystems while making it easier for a global audience to support RWA-backed sustainability.