New Projects deployed on Plume 🪶 [Apr 29 — May 5]

This week, we’re thrilled to announce the latest projects launched on the Plume Network, signifying another important achievement in our ecosystem’s expansion. With the Plume Family rapidly expanding, be sure to follow us on Twitter for the most recent updates!

RWA Inc

RWA Inc. is pioneering a comprehensive ecosystem for tokenizing real-world assets, enabling sophisticated fractional ownership without traditional drawbacks. Their innovative platform facilitates demand, liquidity, and market exposure for these assets within the web3 environment, offering unique value and utility for fractional assets.

How does RWA Inc and Plume work together?
RWA Inc. and Plume complement each other in the tokenization of real-world assets (RWAs), with RWA Inc. focusing on creating a comprehensive ecosystem that drives demand, liquidity, and market exposure for fractional real-world assets in web3, and Plume offering a dedicated Layer 2 blockchain solution that addresses regulatory, compliance, and operational hurdles. Plume’s integration of institutional requirements like identity verification and automated regulatory filings into their blockchain enables seamless asset and capital onboarding, which could synergize with RWA Inc.’s ecosystem to efficiently transition real-world assets onto the blockchain, enhancing the overall market for tokenized assets.

Links:
Twitter | Website | Telegram

OpenEden

OpenEden Labs aims to integrate real-world assets with decentralized finance (DeFi) to unlock trillions of dollars in value. They envision a future where digital currency broadens access to real-world assets, fostering a more inclusive and unrestricted economic environment.

The OpenEden Treasury Bills TBILL Vault (TBILL Vault) is a smart contract-based vault that offers investors exposure to a collection of short-term U.S. Treasury Bills (U.S. T-Bills) and overnight reverse repurchase agreements by issuing the TBILL token. Each TBILL token is fully backed by a combination of short-term U.S. T-Bills and a small amount of U.S. Dollars (USD). The issuer of the TBILL token is a registered professional fund regulated by the British Virgin Islands Financial Services Commission (“Token Issuer”), while the management of the underlying U.S. Treasury Bill assets is handled by a fund management company registered in a top-tier jurisdiction.

How does OpenEden and Plume work together?
OpenEden and Plume potentially work together by integrating real-world assets (RWAs) like U.S. Treasury Bills into the blockchain. OpenEden’s TBILL Vault specifically targets the tokenization of U.S. T-Bills and reverse repurchase agreements, offering direct investment opportunities through TBILL tokens. Plume, on the other hand, provides a regulatory compliant Layer 2 (L2) blockchain infrastructure that could support OpenEden’s operations by simplifying the compliance, identity verification, and regulatory filings required for such financial instruments. This partnership could allow OpenEden to leverage Plume’s technology to enhance efficiency and compliance, while Plume could expand its asset and investor base by incorporating OpenEden’s financial products into its network, facilitating broader market reach and cross-pollination within their ecosystems.

Links:
Twitter | Website | Telegram

DexAuction

DexAuction provides a standardized and permissionless set of decentralized auction tools and infrastructure, designed to conduct various advanced and customizable auctions on-chain. With a mission to enhance DeFi trading using AI-powered technology, DexAuction aims to simplify the Web3 auction experience. Their vision is to become the standard and go-to choice for blockchain-based auctions for diverse use-cases, positioning DexAuction as the synonymous choice when thinking of auctions on blockchain.

How does DexAuction and Plume work together?
DexAuction and Plume could collaborate effectively within the blockchain ecosystem by combining their strengths in auction infrastructure and asset tokenization. Plume, with its dedicated Layer 2 solution, addresses compliance, safety, and identity verification to facilitate the onboarding of real world assets onto the blockchain, while DexAuction provides the necessary tools for conducting various types of on-chain auctions. This partnership could enhance market dynamics by increasing asset variety and liquidity, attracting both institutional and individual participants. Together, they could streamline the process of asset tokenization and auctioning, offering a robust solution for institutions looking to engage with blockchain technologies for investment and liquidation purposes, ultimately creating a more accessible and efficient marketplace.

Links:
Twitter | Website | Telegram

About Plume

Plume is the first modular L2 blockchain dedicated for all real world assets (RWAs) that integrates asset tokenization and compliance providers directly into the chain. Our mission is to simplify the convoluted processes of RWA project deployment and offer investors a blockchain ecosystem to cross-pollinate and invest in various RWAs. In addition, Plume enables RWA composability through its thriving DeFi applications and provides access to high-quality buyers to increase liquidity for all tokenized RWAs.

Links:
Twitter | Discord | Website | Telegram

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