What is Plume Network? Information about PLUME Token

Table of Contents

1. What is Plume Network?

Plume Network is a specialized Layer 2 blockchain designed for Real World Assets (RWA), enabling individuals and businesses to easily tokenize real-world assets such as real estate, artwork, and financial instruments without requiring deep technical knowledge. This eliminates technological barriers, making blockchain more accessible to a wider audience.

Plume not only simplifies the process of launching RWA projects but also builds a comprehensive ecosystem that helps businesses tokenize assets securely and in compliance with regulations.

Plume aims to create a safe, cost-effective ecosystem that streamlines project development and provides a unified platform for investors to explore, trade, and invest in various RWA types.

Additionally, Plume enhances liquidity and facilitates RWA asset transactions through its DeFi ecosystem, unlocking new opportunities for real-world asset applications in the digital economy.

2. Core Products of Plume Network

Plume’s core products include Arc, Smart Wallets, and Nexus.

2.1 Arc – Tokenization Engine

Purpose: Arc is a tool designed to facilitate the fast and efficient tokenization of assets, allowing businesses to create, manage, and bring real-world assets onto the blockchain seamlessly.
How it Works: Arc supports tokenizing both physical and digital assets, integrating with compliance systems and data sources to ensure accuracy, security, and regulatory compliance.
Benefits: Enables asset issuers to tokenize assets quickly and at low costs. It integrates automated compliance checks to ensure asset legitimacy.

2.2 Smart Wallets

Purpose: Most RWA assets cannot be staked, collateralized, or integrated into the DeFi ecosystem, limiting liquidity. Plume Smart Wallets solve this by integrating asset management, compliance, and security directly into the wallet.
Features: Supports digital asset management, yield generation tools, and smart contracts in a user-friendly interface. Provides flexible customization options for businesses and individuals managing RWA assets.
Benefits: Users can easily access advanced DeFi functions such as staking, yield farming, and liquidity management while maintaining secure asset control.

2.3 Nexus – On-Chain Data Bridge

Purpose: Nexus acts as a bridge for bringing real-world data onto the blockchain, enabling new applications in prediction markets, DeFi protocols, and speculative asset indices.
How it Works: Nexus integrates off-chain data from multiple sources, providing real-time information for blockchain applications.
Benefits: Users gain access to accurate, continuously updated data for use in prediction markets, lending protocols, and DeFi products related to RWA, enhancing liquidity and the value of tokenized assets.

3. Key Highlights of Plume Network

Comprehensive RWA Ecosystem

Unlike Ondo Finance, which primarily focuses on institutionally managed financial products, Plume offers a more comprehensive solution that expands RWA use cases directly on its blockchain.

Plume Network has partnered with several leading blockchain projects, including:

Celestia, Arbitrum, EigenLayer, Polyhedra – Advanced blockchain platforms that support scalability and security.
LandX, Polytrade, Mantra, TrueFi – RWA projects building and deploying on Plume.

Built-in Integrated Solutions

Plume provides a full ecosystem of tools that automate the entire asset tokenization process, creating a seamless and efficient experience for both asset issuers and investors.

Modular Blockchain Architecture – High Speed, Low Fees

Plume integrates with Arbitrum Nitro and Celestia, enhancing scalability while ensuring fast transaction processing and low gas fees. This makes it one of the most optimized blockchains for launching RWA projects.

4. Team

Plume Network is led by an experienced team specializing in blockchain and real-world asset (RWA) management, including:

Eugene Shen (CTO) – Leads technical development and blockchain architecture. Previously a Senior Software Engineer at dYdX. Holds a Bachelor’s degree in Engineering Physics from the University of British Columbia.
Chris Yin (CEO) – Oversees strategic direction and overall network management. Strong background in finance and blockchain startups. Studied at UC San Diego.
Teddy Pornprinya (CBO) – Chief Business Officer, responsible for ecosystem expansion and partnerships. Former Head of Business Development at Binance.

5. Investors

Plume Network successfully raised $30 million across two funding rounds, with backing from top-tier investment firms:

May 23, 2024: Raised $10 million in the Seed round, led by Haun Ventures, Galaxy, SV Angel.
December 18, 2024: Raised $20 million in the Series A round, with participation from Galaxy, Hashkey Ventures, SV Angel.

6. Plume Airdrop

Season 1: Plume conducted its first airdrop for testnet participants upon listing.
Next Seasons: No official announcement yet, but future community rewards programs are likely.

7. Roadmap

Phase 1 – Crypto-Native Foundations (2024-2025)

Develop core infrastructure, including the tokenization engine, smart contracts, and blockchain integrations.
Focus on crypto-native users, facilitating easy RWA onboarding.

Phase 2 – RWA Market Expansion (2025-2026)

Expand Plume’s ecosystem to cover a broader range of real-world assets (real estate, artwork, financial assets, etc.).
Introduce yield-generating models for tokenized assets.

Phase 3 – Traditional Finance Integration (2026+)

Partner with traditional financial institutions to bridge DeFi and TradFi.
Integrate custodial and RWA trading services to drive mass blockchain adoption in global finance.

8. Overview of PLUME Token

8.1 Basic Information

Token Name: Plume Network
Token Symbol: PLUME
Blockchain: Arbitrum
Smart Contract: 0x4C1746A800D224393fE2470C70A35717eD4eA5F1
Listing Date: January 21, 2025
Total Supply: 10,000,000,000
Max Supply: 10,000,000,000
Circulating Supply: 2,000,000,000 (20%)

8.2 Token Allocation

Community & Ecosystem: 46%
Foundation: 13%
Early Backers: 21%
Core Contributors: 20%

8.3 Token Release Schedule

20% of PLUME supply will be in circulation at TGE.
The remaining 80% will unlock gradually over 7 years.

8.4 Use Cases of PLUME Token

Transaction Fees (Gas Fees): Used for executing transactions on Plume Network.
Governance: PLUME holders can vote on key network proposals.
Staking & Delegation: Users and validators can stake PLUME to secure the network.
Ecosystem Liquidity: PLUME plays a key role in DeFi applications such as liquidity provision and collateralization.

8.5 Where to Buy PLUME Token?

PLUME is available for trading on major exchanges like Bybit, Bitget, and BingX.

9. Potential Analysis

Plume is a leading project in the RWA sector, which is one of the primary trends in crypto for the coming years. If development continues at this pace, Plume could rival projects like ONDO.

Plume employs advanced technology for enhanced security and asset protection. Additionally, its strong partnerships boost credibility for users storing assets on Plume.

With 80% of tokens unlocking over 7 years, inflation risk is significantly reduced compared to other projects. A large portion is allocated to the community, making Plume’s ecosystem more attractive for contributors.

10. Conclusion

Plume Network holds significant potential in the RWA space due to its cutting-edge technology, strong team, reputable investors, and growing market trend. However, investors should remain cautious of regulatory and competitive risks and closely monitor the project’s progress.