May 6, 2024

Plume Ecosystem Project Update — April 2024

3 min read

Plume has secured over 70+ project integrations, and here are some ecosystem updates from our projects for the month of April 2024:

  • No jokes and fools for IX Swap this April, growth only.
  • April, the month of Awareness for BUK.
  • Carbify is bringing Space Innovation and Forestation together by teaming up with Alya Space for an innovative pilot project!🛰️🤯
  • Cogito Finance enters the final stage of product testing after securing the last service provider.
  • This week, Redcurry will launch the second phase of their community program: Money Renaissance - The Great Expansion. Make sure to claim your early bird NFT, to get a head start and some sweet surprises along the way. 📦

IXSwap

IXSwap is the Uniswap for RWA providing liquidity pools and automated market-making (AMM) functions purpose-built for regulated digital securities like security tokens (STOs).

April has been a month of growth for IX Swap. They’ve tracked an increased growth across all their socials including 400+ new KYC signups on our platform, and including an increased number of investors in their latest CKGP deal.

Their founders Julian Kwan and Aaron Ong attend Token2049 Dubai and return with new partnership horizons. IX Swap has definitely been owning the RWA airwaves, whether online or offline.

  • IX Swap lists on Poloniex and partners with KIMA Network, Tiamonds, RealtyX, and HYVE.
  • IX Swap attracts 444 new KYC signups, 672 new Zealy questers, and 346 investors into CKGP.
  • IX Swap announces "Kumar Finally Unbanned" coming to the IXS Launchpad for IP tokenization.

Links:
Twitter | Discord | Website

Buk Protocol

Buk Protocol focuses on developing products, infrastructure, and essential tools to empower developers in creating decentralized applications (dApps) on top of the Buk inventory aggregation layer.

This foundational layer serves as a versatile platform that simplifies and enhances the process of integrating diverse digital assets and services across multiple blockchains.

In April, Buk started its "Month of Awareness" campaign, designed to promote community engagement. This initiative featured diverse quest campaigns across multiple platforms, aimed at fostering Buk Community. Through this initiative, Buk now has strong 10,000 community members.

Links:
Twitter | Discord | Website

Carbify

Carbify is the first CO2 project with United Nations-certified tokens, where users plant trees with them and generate daily profits for 20 years.

Carbify has teamed up with Ayla Space for an innovative pilot project. Their newly planted plot, with 300,000 agroforestry systems in collaboration with Centro de Estudos Rioterra, will be monitored using cutting-edge satellite biomass technology capable of analyzing biomass within a range of less than 1 meter. This will be the first area they monitor, and they plan to expand gradually if the pilot project is successful.

Traditionally, biomass monitoring has been prohibitively expensive, conducted on a per-location basis. However, through their partnership with Alya Space, we are revolutionizing this process. In the coming days, Alya Space will fly a satellite over their plots to provide detailed biomass analyses. Then, in six months, they’ll repeat the process to observe the growth of their trees, providing concrete evidence of the growth. The reports will be shared with the GCS Registry and made publicly available.

This initiative not only complements our ongoing human checks but also showcases their commitment to transparency and accountability in our effort to change the carbon offset market.

Links:
Twitter | Telegram | Website

Cogito Finance

Cogito Finance offers fully compliant tokenized traditional financial assets, such as government debt, corporate/green bonds, or AI-managed portfolios of stocks, co-developed with SingularityNET.

They are preparing for the launch of their inaugural product, TFUND, which provides investors and companies with on-chain exposure to the risk-free rate of U.S. T-Bills as a means to utilize idle treasuries effectively. After securing the last service provider, they moved to the Launch Phase, which includes end-to-end user testing.

Cogito Finance enters the final stage of testing TFUND after securing the last service provider and has recently launched new Ethereum-based CGV staking and yield vaults on SingularityDAO, a sister project in the SingularityNET ecosystem.

Links:
Twitter | Telegram | Website

Redcurry

Redcurry is the first digital currency fully linked to the Net Asset Value (NAV) of a commercial real estate portfolio. Real estate is chosen for its well-established market presence, massive volume, and its ability to provide long-term price stability and robust inflation protection.

This week, they are launching the second phase of their community program: Money Renaissance — The Great Expansion. If you haven’t claimed your early bird NFT yet, be sure to do so to gain a head start and enjoy some exciting surprises along the way.

They are collaborating with the Internet Native Organization (INO) to develop a comprehensive legal and technological framework that progressively decentralizes Redcurry. Last week, they finalized the blueprint for DAO implementation, enhancing transparency, accessibility, and stakeholder protection.

This blueprint will be made available as an open-source resource for the community’s use.

Links:
Twitter | Discord | 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