Plume Network: Innovative Breakthroughs and Rapid Rise of RWA Public Chain

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The Innovation of the RWAfi Ecosystem: Analyzing Plume Network

Real World Assets (RWA) are gradually becoming the focal point of market attention as a key link between traditional finance and cryptocurrency. However, the current RWA market still faces numerous challenges, such as inefficiency and high costs. The connection between the traditional financial system and the on-chain ecosystem is also not smooth enough, necessitating breakthroughs to overcome development bottlenecks.

To address these issues, a fully integrated and modular blockchain focused on RWAfi, Plume, has emerged. As the first truly RWA public chain serving crypto-native users, Plume is dedicated to providing more efficient, transparent, and convenient solutions by creating a dynamic, liquid, and composable RWA market to redefine finance, making its functionality comparable to native crypto assets.

Detailed Explanation of Plume Network: RWAfi Ecosystem Designed for Crypto-Native Users

Rapid Development and Successful Financing

After nearly a year of rapid development, Plume Network has been widely recognized by the community, institutions, emerging banks, and crypto-native protocols as the best solution for RWAfi. Currently, over 180 projects have been built on Plume, with a total deployed asset exceeding $1 billion, and several hundred million assets are set to be on-chain soon. During the two-month testing period, Plume achieved significant results: the number of active wallets surpassed 3.75 million, and the on-chain transaction volume exceeded 270 million, fully demonstrating the ecosystem's vitality and user engagement enthusiasm.

In November, the pre-storage event held by Plume exceeded expectations. The initial target was 5 million USD, but it was quickly filled within 70 seconds. In response to the huge demand, Plume raised the cap to 30 million USD, and ultimately exceeded the target in 90 minutes, with oversubscription reaching 6 times the original plan.

The growth potential of Plume has also been recognized by several well-known investment institutions, having cumulatively completed $30 million in financing. In May of this year, Plume completed a $10 million seed round financing. On December 18, Plume announced the completion of a $20 million Series A financing, with participation from several well-known investment institutions.

Detailed Explanation of Plume Network: RWAfi Ecosystem Built for Crypto-Native Users

Blockchain ecosystem designed specifically for RWA

Although there are many Layer 1 projects, Plume recognizes the need to build a blockchain specifically designed for RWA, achieving its goal by embedding more customizations and functionalities at the network level. Leveraging DeFi principles, Plume aims to create a more efficient and accessible ecosystem for crypto users and traditional financial institutions.

Plume's modular infrastructure is designed to support the tokenization and management of real-world assets, with core components of its architecture including the tokenization engine Arc, smart wallets, and the on-chain data highway Nexus. These components work together to provide a seamless and secure environment for managing multiple asset classes, ensuring compliance, and facilitating data integration.

In terms of core functionality, Plume focuses on accelerating the on-chain integration of real-world assets, liquidity, and regulatory compliance, providing a comprehensive framework that includes liquidity management, built-in anti-money laundering (AML) compliance, and data access features.

Detailed Explanation of Plume Network: RWAfi Ecosystem Built for Crypto Native Users

Focus on Real Returns, Serving Native Crypto Users

Plume believes that to truly drive the growth of RWA, it is essential to first focus on the needs of on-chain users. Its RWAfi concept not only involves putting RWA on-chain but also aims to create products that are easy to understand and accept by tailoring them to existing user behavior patterns while integrating traditional and crypto-native worlds.

As an open, permissionless chain, Plume provides easy-to-use, compliant, and efficient asset onboarding tools. Currently, Plume has attracted hundreds of protocols, and these assets cover a variety of categories including collectibles, alternative assets, and financial instruments.

Plume focuses on the three most important use cases for crypto users: yield farming, trading, and speculation. For example, Plume provides users with the opportunity to earn yields from a $100 million solar asset by partnering with RWA projects in the renewable solar energy sector.

Future Outlook

Plume, which is about to officially launch its mainnet, will technically further enhance the scalability and security of its infrastructure and improve data privacy; in terms of ecological development and RWA expansion, it will increase more asset classes; in addition, by expanding cooperation with financial institutions, Plume will make it easier for institutional investors to access tokenized RWA. This strategic positioning not only facilitates the connection between the crypto world and traditional finance but also positions Plume as an important bridge for promoting the development of RWAfi.

Detailed Explanation of Plume Network: A RWAfi Ecosystem Built for Crypto-Native Users

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OneBlockAtATimevip
· 07-31 04:49
What the heck, it's just a small amount of stuff and you're bragging about it.
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BoredStakervip
· 07-31 04:48
This project is really appealing.
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New_Ser_Ngmivip
· 07-31 04:47
It feels like another pile of dog shit.
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AlphaBrainvip
· 07-31 04:42
Is this the new public chain? I think it's questionable.
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