
Author: CryptobraveHQ; Source: X, @cryptobraveHQ
Plasma XPL team is the original team of Rug Chain Blast.
Last time I finished talking about DWF’s stablecoin FalCon @FalconStable, and then continued to talk about Plasma.
1. Plasma has almost nothing to do with Tether. Tether co-founder Paolo Ardoino invested only $50,000 in the round of Plasma’s $24 million valuation.
2. Plasma’s main trader is Framework Ventures. The strongest thing about trading VCs and teams is that they make the plate poor information and package it as Tether’s own son.
3. The entire team basically has no genes for payment or stablecoins.Plasma’s current model is almost the same as Blast, which is to find a popular track and then grab a thigh to attract deposits.Then the coin is over.
As for the virtual card (U card) business, it is no different from all U cards on the market. If it is at the downstream of the payment chain, it will still be choked if it is choked.
4. Pacman (Chinese name Tieshun) had a quarrel with everyone in the original team. Except for Tieshun, the main members of the original team came out to do Plasma.
The Blast team, except for Pacman, who has made his real name public, has never made any public name public.Therefore, all members of Plasma’s team cannot find Blast-related experiences in their resumes.
PS: Because you do not know the information about market makers, opening chips, etc.This post is only used as an archaeological post, and is not enough to be a reference analysis of the value/price/investment of Plasma $XPL.
When Wuwei communicated with the core figures of Tether in South Korea, the other party said that Plasma and Stable have no direct relationship with us, just look at it.Fearlessness then expands and talks about Stable.