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Market News

Lionel Messi Unveils Groundbreaking RWA with Planet Refi

Planet has developed a sustainable $100 million annual revenue model to demonstrate its dedication to sustainability and revenue generation with this RWA.

Written By Jalpa Bhavsar
Published 2024-03-02·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
Lionel Messi Unveils Groundbreaking RWA with Planet Refi

Football legend Lionel Messi has partnered with Planet Refi, the cutting-edge platform for tokenizing real-world assets (RWAs), to launch a ground-breaking RWA on March 1.

The renowned football player himself has unlocked the previously hinted-at “mystery box” to unveil the tangible asset connected to an environmentally beneficial purpose, marking a first for the RWA sector.

Join the Planet RWA – a sustainable masterpiece made from recycled materials from the Paraná River in Messi's hometown. 🌎

Get the Limited First Edition exclusively on:https://t.co/GZIZiZq4Ah$PLANET #PlanetRWA pic.twitter.com/B6oDTGOKoG

— Planet (@PlanetReFi) March 2, 2024

Planet Refi wants to use the tokenized RWA to reduce the effects of climate change and turn trash into commonplace real-world commodities in order to create a future where blockchain is a force for good for everyone.

Planet has developed a sustainable $100 million annual revenue model to demonstrate its dedication to sustainability and revenue generation with this RWA. Planet wants to use blockchain technology to upend the $16 trillion RWA market by bringing in a model that is profitable and sustainable for all parties involved.

In addition to revealing the RWA, Planet has also declared the opening of its brand-new staking program, which will provide $PLANET token holders with additional conveniences.

As part of this initiative, $PLANET token holders will soon benefit from a significant revenue share, receiving 10% of all income generated by the platform.

Holders that contribute a minimum of 100,000 $PLANET will get 10% of Planet’s $100 million treasury revenue in the form of $PLANET. Early adopters will receive an additional 5% in revenue if they invest during the first thirty days of the launch. 

Furthermore, when the revenue is returned to the community, stakers who begin within the first 15 days will be given preference. The $PLANET tokenholder threshold has crossed 100,000, according to a statement from Planet.

The $PLANET coin is accessible on numerous centralized and decentralized sites because of significant collaborations with the cryptocurrency sector. Here is a complete list of all the platforms where you may purchase $PLANET tokens.

Also Read: Bitget & Messi Boost Derivatives with MakeItCount 2024

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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