March 23, 2024

New Projects deployed on Plume (Mar 17 - Mar 23)

3 min read

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!

Brickken

Brickken enables businesses to create Digital Assets backed by tokenized Real World Assets (RWA). Through the Token Suite, clients can raise private or public capital by creating their own custom white-label token store & token offering.

How do Brickken and Plume work together?

In collaboration with Plume Network, Brickken plans to leverage Plume’s mixed source of capital to complement its similarly diverse suite of tokens. Brickken’s institutional, real estate, and franchise will benefit from Plume’s extensive network of institutional partners. On the other side of the spectrum, its collection of esoteric assets like art, movies, and so on will appeal to Plume’s retail customers. Brickken will also benefit from Plume Network’s ecosystem of Defi products to introduce a new layer to its offerings.

Links
Twitter | Telegram | Discord

Mimo Labs

Mimo’s mission is to help its users through varying market cycles. Its European-regulated arm issues RWA-backed NFTs, and the DAO, governed by MIMO token holders, controls the Parallel and Kuma Protocols. Parallel Protocol is a decentralized protocol that issues stablecoins, the € stablecoin (PAR) and the $ stablecoin (paUSD). The KUMA Protocol provides tokenized RWAs in the form of ERC-20s, giving users access to traditional assets in a DeFi-compatible way (permissionless).

How do Mimo Labs and Plume work together?

By building on Plume Network, Mimo Labs intends to capture a more targeted investor base, who have not only been pre-screened but also shown an appetite for RWAs. Plume’s wide spectrum of users also enables Mimo Labs to be more creative in its product offerings in order to serve the broader levels of risk tolerance. Plume Network’s emphasis into RWA composability also expands the use cases and flexibility of Mimo Labs’ existing products. Lastly, Mimo Lab will take advantage of Plume’s robust infrastructure, such as enhanced security and compliance with KYC / AML rules, which will streamline and improve the overall user experience

Links
Twitter | Telegram | Website

Mysticswap

Some kind of assets are not easy to trade on DEXes due to their illiquid nature — points, pre-market tokens and RWAs being examples of these assets. Mysticswap is an OTC DEX that enables users to buy and sell their assets to each other, thus enabling their liquidity in the absence of AMMs. This happens in a fully decentralized, trustless manner.

How do Mysticswap and Plume work together?

Deploying on Plume Network’s infrastructure, Mysticswap enables RWA OTC trading of tokenized luxury goods in addition to its current NFT trading platform. For Mysticswap’s more regulated assets, it can leverage Plume’s native compliance solution where required. The partnership is further synergized by Plume’s asset tokenization solution, enabling MysticSwap’s users to not only list and bid on assets but also mint them.

Links
Twitter | Website

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