PRESS RELEASE. PlanetWatch, a French start-up which decentralizes and incentivizes environmental monitoring, announced that its utility token, PLANETS, will be listed on Oct. 22 on Bitmart.

Claudio Parrinello, PlanetWatch’s CEO said: “PlanetWatch is experiencing explosive growth. With over 6,000 sensors already deployed worldwide, we are happy to see PLANETS becoming available worldwide via multiple exchanges.”

PlanetWatch is revolutionizing the way people measure air quality and other environmental parameters by leveraging the Algorand Blockchain, IoT-enabled sensors and AI-based data analysis. Dense sensor networks can be activated in any city quickly and cost-effectively by incentivizing local residents to deploy and operate approved sensors and earn token rewards for data streams.

PlanetWatch is gaining traction amongst consumers as well as in the corporate world. Following the successful completion of a seed funding round of about 1 million euros back in July, the company is attaining important commercial and scientific milestones. In the context of indoor air quality monitoring, PlanetWatch has recently enabled an Italian hotel to become the second hotel in the world to achieve the prestigious RESET air quality certification. The results of this work are described in a scientific paper written in collaboration with an Italian university.

 

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Press release, Bitmart, PlanetWatch