Plutos Network June 2021 Update

Published in

plutosnetwork

4 min readJun 30, 2021

Another stacked month of June with announcements, news, and partnerships. If you thought this month was big, get ready for a massive Q3 at Plutos Network.

Monthly Highlights

Plutos Network launches dual IDO on Trustpad and Ignition by Paid Network.

With a record 4 Million whitelist entries on Trustpad.

PLUT listed on PancakeSwap. Plutos Network native token is now listed on PancakeSwap.
Plutos Network on CoinGecko. Plutos Network is officially on CoinGecko, for a single source of truth on our project and token check us out there!

Technical Development Updates:

Website update. Plutos Network website gets a redesign in anticipation of the stacked 2021 pipeline.

Test-Net Staking Launched. The first Plutos Network product launch. Receive PLUT and earn up to 550% APY staking PLUT based on your locking period.
Faucet Airdrop. The highly successful and in-demand faucet airdrop. 10 million test-net PLUT available to claim, redeemable to main-net PLUT. Ongoing for 100 days. This has been done to ensure robustness and quality of our main-net launch in Q3.
Industry-First Supercharged Staking Rewards. With the significant demand and traction of the Plutos Network Staking product launch and Faucet Airdrop, the team has been keenly taking on feedback for the continuous improvement of our product development and seeks to introduce a new feature to the market.
The Plutos Network token smart contract passes Certik security auditing. We will continue to work alongside Certik for future auditings, in providing the highest level of security on our platform.

Ecology Development

Plutos Network enters Solana Ecosystem. Plutos Network is officially welcomed into the Solana ecosystem as we seek to build the ultimate synthetic investment hub. Solana will be key as part of our next-generation multi-chain technical architecture that will offer our users unique advantages.

Partnership with Elrond. The collaboration will focus on integrating the Elrond Network mainnet on our multi-chain architecture, enabling assets on the Elrond blockchain to be compatible and pairable with synthetics for commodities, stocks, bonds etc.
Partnership with Chainlink. Multi-chain synthetic issuance & derivatives trading platform Plutos Network will use Chainlink to obtain secure, accurate, & up-to-date Price Feeds, enabling Plutos to correctly mint, swap, redeem, & liquidate a wide variety of synthetic asset positions.
Kyle Chasse joins as Strategic Advisor. Kyle, CEO of Paid Network will be working alongside the team to further expand the growth of Plutos Network and build the next generation DeFi synthetic investment hub.
Plutos Network receives strategic investment from Master Ventures. Master Ventures invests in Plutos Network as part of its portfolio to build the next generation of projects driving blockchain adoption.
Partnership with Titans Ventures. Plutos Network partners with Titans Ventures, Vietnam’s top incubator. As we continue to grow and expand, Plutos network is announcing a strategic partnership with Titans Ventures.

Media and PR

Tonnes of AMAs with tehmoonwalker, VIC Group, The Gem Hunters, BTA Ventures, Crypto Legends Club, CryptoDiffer, AOC Blockchain, BlockElite Group, Gains Associates, and many more.