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What’s the pitch?
Plume’s Story
The market for Real World Assets (RWAs) is unimaginably large. Real Estate alone is a $10+ trillion dollar market. Throw in equities, commodities, private credit, debt instruments, and the whole things balloons to a massive market size. That isn’t even the full list of assets that fall under RWAs. The reward is huge for capturing this market.
Plume has amassed a leadership position in the RWA space. It has built a massive community and audience on a simple narrative: build RWAs for crypto natives today and lay the groundwork for the institutions. The layer 2 dedicated to RWAs will have a tokenization engine for bringing unique physical, digital, and price feed assets on-chain along with all of the crypto native speculation and yield that we know and love.
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Beluga’s Take
Plume Network is really shaping up to be one of the more exciting projects in the space right now. Having raised $10 million in seed funding led by top-tier funds like Haun Ventures and Galaxy Ventures, Plume is well capitalized to take on the massive undertaking of bringing Real World Assets (RWAs) onchain.
Their investors as well as the team's impressive background both in the crypto markets and more traditional ones has led Plume to gather significant mindshare among traders and users throughout their testnet program, logging 10's of millions of unique wallets during the campaign.
With all this going for it and the growing narrative in the RWA space, the network is expected to see strong demand when it hits the market. We don't know the details of the airdrop allocation yet or full tokenomics so it's difficult to say what things will look like on launch day in terms of price action, however given the great narrative and everything we mentioned above, we'll be looking for an entry with the Beluga Trading Wallet once $PLUME goes live.
Plume Ecosystem
Plume dApps
Discover key projects in the Plume ecosystem
Nest Staking
Stake your stablecoins and earn Real World Yield from unique assets found on the only chain bringing RWAs to Crypto Natives.
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Plume Arc
Tokenize any asset in a few clicks with full regulatory coverage and guidance. Bring your unique asset onchain to the RWA chain for crypto natives.
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Cultured
Speculate on anything in the real world. Bring the real world onchain to the only place where crypto and tradfi live under one roof.
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$10M Raised in seed round
Plume, the first modular EVM Layer-2 built to bring any real-world asset (RWA) on-chain, announces...
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