A brief review of the RWAFi aggregation service platform Plume Network, which raised 20 million USD.

CN
4 months ago

Plume has accumulated over 180 applications and protocols, and its testnet has attracted more than 3.75 million users, generating hundreds of millions of transactions.

Written by: Haotian

Seeing the market report that @plumenetwork has raised $20 million, my intuition tells me this will be a landmark event driving the development of the RWA track. Simply put: Plume categorizes all of this under the RWAFi framework using a full-stack vertical integration technology framework and provides comprehensive infra+ compliance services. Let me share my thoughts:

1) The development and evolution of the RWA track have always been somewhat fragmented. The core business development logic involves large asset injections on-chain + off-chain compliance and legal framework resource capabilities, along with various "experimental" application scenarios. The fields involved are quite broad, such as real estate asset tokenization, art collectibles tokenization, securities asset tokenization, supply chain finance tokenization, cross-border trade tokenization, and so on.

It can be observed that these scenarios are quite fragmented, but with projects like Ondo and Huma prototyping in various vertical scenarios, as the fragmented scenarios become richer, platforms like Plume that provide aggregation services naturally emerge, indicating the increasing maturity of the RWA track;

2) Based on this premise, Plume has built a modular infrastructure specifically designed for the RWA track. For example, the tokenization construction engine aims to facilitate the creation, registration, and management of RWA asset tokens, incorporating compliance and security considerations right from the asset issuance stage, ensuring that the RWA assets on the platform can be deployed quickly, economically, and in compliance with regulations;

Additionally, Plume has developed Nexus, an on-chain data service aimed at integrating reliable off-chain data, incorporating more real-time off-chain data into the blockchain system in the form of oracles, essentially customizing a dedicated oracle data pipeline suitable for the RWA track;

Furthermore, in response to the fragmented demand for compliance services, Plume leverages the platform's unified integration advantages to directly incorporate "compliance" suppliers into the upstream supplier system of the platform's business, ensuring that tokenized assets on the Plume platform meet regulatory requirements from the outset.

Of course, there are also unified wallet asset management tools, including integration compatibility with various token standards such as ERC20, 721, 1155, 3643, and the combinability with other on-chain DeFi infra, all provided as a comprehensive service.

3) There are many technical frameworks in the layer2 narrative on Ethereum, such as OP Stack, ZK Stack, Polygon CDK, Rollup as a Service, etc. However, these B2B stacked frameworks are more capable of consolidating developers and quickly deploying some infra in a homogeneous manner.

In contrast, the challenges Plume faces in building modular integrated services in the RWAFi direction are greater. The main reason is that there is existing on-chain DeFi infrastructure experience regarding on-chain token standards, wallet adaptation standards, and DeFi ecosystem combinability. However, issues such as off-chain compliance, oracle data credibility, on-chain liquidity volatility and regulatory divergence, and on-chain behavior transparency and privacy protection present significant challenges.

There are numerous complexities in technology, operations, and risk control waiting for Plume to address.

Nevertheless, as an RWAFi block aggregation service platform, Plume's initial performance has been quite good, having accumulated over 180 applications and protocols, with its testnet attracting more than 3.75 million users and generating hundreds of millions of transactions.

This is not difficult to understand; once the RWAFi aggregation platform effect takes hold, it will naturally become a comprehensive portal for the RWA ecosystem, driving the RWA track to release its potential more quickly and efficiently.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink