Plume - Over 45 Projects in Testnet, Based Team from Binance, Coinbase, LayerZero
Blistering growth of 5x despite the selloffs we saw in Jan
Even before launching, they’ve already partnered with @eigenlayer @CelestiaOrg @PolyhedraZK @arbitrum
They’ve secured over 45 projects deployed in private testnet
This is just the beginning 🧵👇
@plumenetwork the first modular RWA L2.
In just the first 2 months of 2024, they’ve achieved:
30k Twitter followers (5x)
Caught Binance Research’s attention
New projects launching on private testnet everyweek
Top tier infrastructure partners
My thesis: RWA will be a hotter topic for every cycle as we approach the CBDC endgame.
This gets even better when they have a doxxed and based team from@LayerZero_Labs @binance @jpmorgan @galaxyhq @coinbase
Plume is smart and is riding on trending narratives:
L2 Scalability: Built on @arbitrum Orbit
$TIA Data availability: Integrating with @CelestiaOrg
RWA: Optimized for RWA operations
LRT: @eigenlayer integration? 👀 🤔
Evident that we will see a DA and modularity narrative.
Because in 2024 with many of these DA modular layers are launching in Q1 and Q2 of this year.
So partnering with @CelestiaOrg becomes a strategic move as it allows anyone to make their own blockchain.
Thus, various operations can unfold across distinct layers, thereby eliminating the constraint of having everything confined to a singular blockchain.
This integration brings benefits to both parties.
Celestia will see more network activity, and the “want” for $TIA staking increases.
Will we see a $PLUME airdrop for $TIA stakers? 👀
At the same time, Plume will greatly benefit from this integration:
Increased attention from $TIA stakers
Notable reduction in gas costs by 99.9%
Perfect for large scale projects such as RWA
RWA has been conventionally being thought of as synthetics like stocks, forex. Real estate, credit, bonds.
But Plume’s RWA is not just restricted to these traditional asset classes that are listed, it also includes other unique assets. So keep your imagination running wild!
Some asset classes which I can think of includes synthetics, collectibles, real estate, defi, equities, agro & commodities, private credit.
Here are some of the RWA projects listed
@Polytrade_fin @Brickken @rsonchain @The_RWAX @mynaswap @DefinitiveFi @IxSwap @PluralEnergy @ecosapiensxyz @Carbify_io @RealtyX_DAO @WESET_io @0xRedcurry @YieldBricks @libertum_token@Landshareio@EstateProtocol @zothdotio @AtlendisLabs @helix_finance @TrueFiDAO @CornerMarketApp @buktrips @silverkoix @MysticSwap @DeFi_credit @ethena_labs @ionprotocol @StakeUpProtocol @DinariGlobal @MANTRA_Chain @RWA_Finance @asx_capital @lendrnetwork @Farmsent_io @e_grains @nftonfandora @USDV_COM @TheCellarDAO @openchrono @insrtapp @MidasStablecoin @Adapt3rDigital @PerperNetwork
Huge infrastructure projects are also coming to Plume
@eigenlayer @CelestiaOrg @PolyhedraZK @axelarnetwork @OmniFDN @Hyperlane_xyz @eigenlayer @privy_io @ParticleNtwrk @Gateway_xyz @BitgetWallet @okxweb3@TrustWallet @zkme_ @Ironblocks_ @sedaprotocol @0xJomoID @SupraOracles @kado_money @sphere_labs @alfredlatam @getonramper @beam_cash @biconomy @dfnsHQ @thirdweb @goldskyio @Noves_fi @aethosnetwork @0xTransferAgent @otoco_io @ethsign @texture_capital @eNorsecurities @CredoraPlatform @RwaWorld @rwa_xyz @particula_io@MetaMask
Twitter: https://twitter.com/arndxt_xo/status/1760280167874953651