RealtyX Is Coming to Plume Testnet

Jade
RealtyX DAO

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We are excited to announce the launch of the RealtyX on the Plume Network Testnet! This milestone marks the beginning of a revolutionary journey into real-world asset (RWA) tokenization, blending the power of blockchain technology with the robust value of RWA. Here’s everything you need to know about this exciting development, including how you can get involved.

The testnet launch is a critical phase in the development of the RealtyX on the Plume Network. It allows users to test the system, experience the platform’s functionalities, and earn rewards by completing specific tasks. The goal is to ensure our platform is robust, user-friendly, and ready for the mainnet launch. Participants will engage in token swaps, staking, and other activities that will help stress-test the network while earning rewards.

Additionally, don’t forget to join the Plume Testnet Galxe Campaign to collect extra miles and unlock exclusive rewards.

What is Plume Network?

The Plume Network is a cutting-edge blockchain platform tailored to support decentralized applications (dApps) for Real World Asset Finance (RWAFi). It emphasizes security, scalability, and interoperability to provide users with a seamless Web3-native experience. Various innovative projects such as RealtyX, Wesetio, SilverKoi, Buk Protocol, and more have already been launched on Plume, making it a vibrant ecosystem for blockchain development.

Its architecture, optimized for high-speed and low-cost transactions, offers an ideal environment for RealtyX’s real estate-focused RWA offerings.

What is RealtyX DAO?

RealtyX is a comprehensive RWA launchpad governed by the decentralized RealtyX DAO, providing a gateway for real estate tokenization and investment on the blockchain. While it serves as a launchpad for tokenized real estate assets, RealtyX goes beyond this by empowering users with innovative utilities offered by third-party partners, leveraging the power of Web3 composability.

These utilities, accessible through the Utility Vault, enable users to maximize their participation in the real estate market, benefiting from decentralized governance, fractional ownership, staking rewards, and more.

How to Participate in RealtyX Tasks on Plume

Participating in the RealtyX tasks on the Plume Testnet is simple and rewarding. Here’s a step-by-step guide:

  1. Get $GOON Testnet Tokens from the Faucet
    Start by acquiring $GOON testnet tokens, which you can get from the official faucet or a backup faucet. These tokens are essential for participating in the tasks and earning rewards. 👉 https://miles.plumenetwork.xyz/faucet
  2. Swap $GOON Tokens on Ambient for $gnUSD
    Next, swap your $GOON tokens for $gnUSD on Ambient. This step earns you miles, which are rewards for participating in the network. Remember, you can perform this swap once every 24 hours to keep earning miles.
  3. Swap $gnUSD for $RST on RealtyX
    Now, head over to RealtyX and swap your $gnUSD for $RST tokens. After completing the swap, click “Reset Steps” to be able to repeat this task every 24 hours, increasing your reward potential.
  4. Stake $RST Tokens on RealtyX
    Finally, stake your $RST tokens on the RealtyX platform. Staking not only secures the network but also earns you miles every 24 hours. The more you stake, the more you can earn!

Experience RealtyX on Plume Testnet: https://plume-testnet.realtyx.co/

The launch of RealtyX on the Plume Network Testnet is a significant step towards the future of decentralized real estate investments. By participating in the testnet campaign, you are not only contributing to the growth and stability of the platform but also positioning yourself at the forefront of innovation in the blockchain space. Don’t miss out on the opportunity to earn rewards and be part of this exciting journey!

FAQ

What is 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.

Visit Plume’s wiki to learn more.

What is Plume Miles?

Plume has recently launched its testnet. To promote its development and grow its ecosystem, they reward users with Plume Miles for interacting and engaging with the testnet.

Join Plume’s Discord to learn more details of Plume Miles.

What is RealtyX?

RealtyX goes beyond tokenizing real estate assets by introducing utilities that empower RWA tokens, enhancing their value and functionality for users.

What is RST?

RST is the RWA token of RealtyX, using the ERC-20 standard. Through RealtyX’s platform, users can acquire and hold RST representing property interests in real estate, allowing them to unlock value from these assets, such as monthly USDC rental payments. It also empowers holders with voting capabilities, allowing them to actively engage in decisions that shape the relevant asset’s future development.

Can I transfer and trade the RST from the Plume Testnet?

No. These tokens are for testing purposes only and carry no intrinsic value.

Who should I contact if I encounter any difficulties?

Join our Discord community for instant support or email us at support@realtyx.co .

For more information on the Plume Testnet Campaign, please click here.

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Jade
RealtyX DAO

Head of Marketing at RealtyX DAO. Exploring NFTs and the metaverse