Plasma creator task reward (big reward, no fan limit!)
Must-see for brushing Alpha! Don't miss the 500U reward with a 20% winning rate
Brothers and sisters still buried in tasks in the Alpha group, quickly stop what you're doing! Here is a big reward with a winning probability of up to 20%: XPL is conducting a square task activity, with 1000 rewards of 500U prepared. Currently, only 5000 people are participating, which means that 1 in every 5 people can directly take away 500U. This is considered a 'money-giving level' benefit in the current Alpha activities.
Project Highlights: A pragmatic dark horse in the Layer2 track
While participating in the event, you might as well take a look at the potential of the Plasma project itself. In today's fiercely competitive Layer2 track, Plasma's modular expansion solution stands out remarkably:
Technical pragmatism: It does not blindly pursue 'fancy technology' but chooses a path that balances efficiency and security, enhancing on-chain processing speed while ensuring asset security through mature cryptographic verification mechanisms, which is a very solid choice among current Layer2 projects.
Ecological imagination space: As modular blockchain becomes an industry consensus, Plasma's architecture naturally adapts to future multi-chain interwoven ecological scenarios. Whether it's subsequent access to more public chains or supporting complex DeFi applications, it has good scalability.
Long-term value: From a short-term perspective, this is a worthwhile wool activity to participate in; from a long-term perspective, the progress of its technological route and ecological expansion is worth continuous attention, and it is expected to establish a foothold in the Layer2 expansion track.
Action Guide
1. First complete the plaza task to secure the qualification for the 500U prize.
2. Follow Plasma's official accounts to get the latest updates on ecological airdrops and progress.
3. Those who can do so are encouraged to participate in small amounts of interactions to accumulate credit in advance for possible future airdrops.
Plasma (XPL) Financing Background
Plasma, as a public chain project focused on stablecoin payments, has received multiple rounds of top-tier capital support since its launch, with a total financing amount exceeding $400 million. The key financing milestones are as follows:
Seed round (October 2024)
Completed $3.5 million seed round financing, led by cryptocurrency trading platform Bitfinex, with participation from Tether CEO Paolo Ardoino, billionaire investor Christian Angermayer, and institutions such as Anthos Capital and Split Capital, as well as market maker Manifold Trading, providing crucial funding support for early technical research and development of the project.
Series A (February 2025)
Completed $24 million Series A financing, led by Framework Ventures, with well-known institutions such as Bitfinex, Founders Fund under Peter Thiel, Nomura Securities, and Flow Traders participating in follow-up investments. This round of financing not only significantly enhanced the project's capital reserves but also brought in investors with dual resources from traditional finance and the cryptocurrency industry, laying the foundation for subsequent ecological implementation.
Strategic round and public offering (2025)
After the Series A round, Founders Fund continued to increase strategic investment and raised $50 million through an ICO in July 2025, with a valuation reaching $500 million, and market subscription demand exceeding the target by 7 times, demonstrating the industry's high recognition of its positioning as a stablecoin infrastructure.
Highlights of core investors
• Bitfinex & Tether: As core players in the issuance and trading of stablecoins, they are deeply bound to Plasma's stablecoin ecological scenarios, providing liquidity and compliance support.
• Founders Fund (Peter Thiel): A top global venture capital institution, endorsing the project's long-term value and assisting in its connection to traditional financial resources.
• Framework Ventures: A leading investment institution in the cryptocurrency industry, skilled at discovering infrastructure projects, providing Plasma with ecological resources and strategic guidance.
A strong capital background not only provides ample support for Plasma's technological research and development but also lays a solid foundation for its subsequent ecological expansion, compliance implementation, and global layout.