Plume Network: The rise of the new star in the RWAfi ecosystem, on-chain assets have exceeded 1 billion USD.

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New RWAfi Ecological Star: In-Depth Analysis of Plume Network

Real World Assets (RWA) are gradually becoming the focus of the market as a bridge connecting traditional finance and cryptocurrency. However, the current RWA market still faces numerous challenges such as inefficiency and high costs, and the integration between the traditional financial system and the on-chain ecosystem urgently needs improvement.

In response to this issue, Plume, a fully integrated and modular chain focused on RWAfi, has emerged. As the first truly public chain serving crypto-native users, Plume is dedicated to providing more efficient, transparent, and convenient solutions by redefining finance through the creation of a dynamic, liquid, and composable market for RWA, making its functions comparable to those of native crypto assets.

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

Rapid development, gaining market recognition

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

In November, the pre-sale event held by Plume had an initial target of 5 million USD, but it was quickly filled within 70 seconds. In response to the huge demand from the community, Plume raised the cap to 30 million USD, ultimately exceeding the target in 90 minutes, with oversubscriptions reaching 6 times the original plan.

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

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

A blockchain ecosystem designed for RWA, leveraging DeFi principles

Although there are already many Layer 1 projects, Plume realizes the need to create a blockchain specifically designed for RWA, achieving its goals by embedding more customized features at the network level.

Plume leverages DeFi principles to create a more efficient and accessible ecosystem for crypto users and traditional financial institutions. RWAfi is a new model in the blockchain finance sector, meaning tokenized RWAs can be composable and flexible like native crypto assets. Plume prioritizes composability, liquidity, permissionlessness, and interoperability from the perspective of building what crypto users truly need.

Plume's modular infrastructure includes the tokenization engine Arc, smart wallets, and the on-chain data highway Nexus. These components work together to provide a smooth 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 encompasses liquidity management, built-in anti-money laundering compliance, and data access capabilities.

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

Focus on real returns, prioritize serving native crypto users

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

As an open, permissionless chain, Plume provides easy-to-use, compliant, and efficient tools for asset tokenization. Currently, Plume has attracted hundreds of protocols, with asset categories covering collectibles, alternative assets, and financial instruments.

Plume focuses on the three most important use cases for crypto users: yield farming, trading, and speculation. Plume aims to generate real returns through yield-bearing assets and to introduce real users via existing markets, expanding the use cases for the crypto ecosystem and RWA.

In addition to emphasizing on-chain user needs, Plume also serves traditional financial institutions, addressing key challenges in compliance and liquidity in promoting institutional adoption. This dual-service strategy positions it for innovation and breakthroughs in the RWAfi space.

Looking to the future, Plume, which is about to officially launch its mainnet, will further enhance the scalability and security of its infrastructure technically and further integrate to 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 makes Plume an important bridge for promoting the development of RWAfi.

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

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TokenTaxonomistvip
· 1h ago
another rwa experiment? taxonomically speaking, this fits the 2021-era pattern... statistically risky tbh
Reply0
PretendingSeriousvip
· 12h ago
rwa is really nice
View OriginalReply0
DuskSurfervip
· 12h ago
This is the only public chain left to play with.
View OriginalReply0
ETHReserveBankvip
· 12h ago
The RWA market has started to be snatched up.
View OriginalReply0
LiquidationWatchervip
· 12h ago
Another RWA project, tsk tsk.
View OriginalReply0
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