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Two New Tasks Launched in Testnet: Plume Arc and Cultured
July 22, 2024

We’re thrilled to announce the launch of two new tasks in the Plume Network Testnet: Plume Arc and Cultured.

With these new additions, you can experience more in-depth workings of Plume’s RWA functionality.

Introducing Plume Arc

We will introduce Plume Arc, our codeless platform where anyone can tokenize any assets.

It’s designed to make developing and managing dApps and tokenized assets a breeze, perfect for asset issuers looking to tap into blockchain technology without needing deep technical know-how.

You will get a glimpse of its capabilities during your testnet campaign, and you will be able to experience it firsthand soon!

Before you get your hands dirty with Plume Arc on our testnet, this article will briefly overview what it is all about.

About Plume Arc

Plume Arc is built for asset issuers from all backgrounds, especially those in traditional finance who want to dive into the Web3 world. Any asset can be tokenized:

  • General contract
  • Membership interest
  • Tokenized Bonds
  • Tokenized Shares

With our no-code solution, managing the lifecycle of tokenized assets becomes straightforward and efficient. Anyone would be able to create any assets by defined the basic parameters such as:

  • Asset Name
  • Symbol
  • Initial Supply
  • Asset Supply Value

Aside from its functionalities, users can look forward to the following features that make the entire on chain RWA experience seamless:

  • User-Friendly Interface: It feels like using a regular web app, making it easy to start.
  • Comprehensive Tools: Our open-source toolkit has everything you need, from tokenization to smart contract deployment.
  • Enhanced Accessibility: No-code means anyone can use it, regardless of their technical skills.

A No-Code Gateway

Plume Arc comes with a slick web UI to guide you through the process of launching real-world asset projects, covering areas such as:

  • Compliance Checks
  • Token Configuration and Deployment
  • Fiat Conversion
  • Circulating Token Supply Management

With these no-code tools, even those new to blockchain can easily create and manage tokenized assets.

The platform is user-initiated, making it a perfect fit for asset issuers looking for a full lifecycle solution, from tokenization to smart contract management.

So, what makes Plume Arc unique?

  • Open Source Asset Toolkit: Our platform provides various free tools to tokenize non-physical and physical assets. Whether you’re dealing with:
  • Non-Physical Assets: Like membership rights, bond interests, or shares, with all the necessary compliance features.
  • Physical Assets: Digital ownership certificates, unique items, or collection interests.
  • Enhanced Accessibility and Efficiency: The no-code approach means faster go-to-market (GTM) for asset issuers and quicker adaptation to market changes and regulatory demands.

Introducing Plume Cultured

Plume Cultured is an oracle RWA prediction game where users can predict the future prices of various assets, from forex and equities to cryptocurrencies.

You can bet on asset prices going up or down, and this aims to create an engaging and interactive way for RWA to utilize blockchain technology!

Here are some key features of Cultured:

  • Price Prediction: Bet if asset prices will rise or fall.
  • Oracle Integration: Reliable and accurate data feeds to ensure fair outcomes.
  • Interactive Gameplay: A fun and engaging way to participate in the Plume Network ecosystem.

Very simple to get started. Choose your asset, predict the direction, and place your bet!

Conclusion

We invite all Goons to participate in testing these new features and provide valuable feedback.

Goons! Board the flight for our testnet campaign and see how easy it can be to tokenize assets with Plume Arc.

About Plume

Plume is the first fully integrated and modular chain focused on RWAfi. We’ve built a composable, scalable ecosystem that supports the seamless onboarding of all types of real world assets, from equities to private credit and beyond. With our end-to-end tokenization engine, over 170 projects are building on Plume’s infrastructure, simplifying compliance and capital management to help projects scale globally.


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