Terms of the Plena Finance (PLENA) Sale:
- IDO Type: Refundable
- Total Raise: $150,000
- PEG: TBC
- FDV: $25,500,000
- Listing: TBA
- Token price: $0.017
- Token Unlocks: 20% at TGE, then monthly vested for next 4 months
- Ticker: PLENA
- Blockhain Network: ETH, POLYGON
- SHO tokens network: POLYGON
- Token Supply: 1,500,000,000
- Initial Market Cap: $484,000
- Initial Circulating Supply: $28.5M
- Hard Cap: $150,000
- Mainnet Token Contract: 0x993BAEE8adF23555B20881598eb2B151f80eA674
What is Plena Finance (PLENA)?
Plena Finance was the first mobile application to use the now-trending Account Abstraction technology. They started using it 2 years ago when no one was using it, and no one believed people would switch from Metamask or Trust Wallet. Today, everyone in Web3 including Vitalik (Co - Founder of Ethereum) believes that only Account Abstraction can bring mass adoption to blockchain applications and onboard a billion users to web3.
Using Account Abstraction, they are able to provide their users with a centralized application like UX. What this means is that their users don’t have to learn anything about the blockchain technology before using any dApp, which was required before and on top of this, they can perform any action on blockchain, however complex, in just one single tap and pay for that in the token of their choice, this eliminates the need to hold multiple blockchain native tokens which are only used to pay for the transaction fees.
What makes Plena Finance (PLENA) unique?
Plena stands out as one of the first project to develop and introduce a groundbreaking solution that promises to revolutionize the web3 industry by solving it’s biggest problem.
Despite over 420 million people investing in crypto, less than 5% use with decentralized applications (dApps) due to the steep learning curve and poor user experience. This gap highlights a critical barrier to broader adoption and utilization within the web3 space.
What truly distinguishes a transformative project in the blockchain sector? Is it just another iteration of DeFi, RWA, or NFT concepts that momentarily captures attention before fading from relevance, or is it a platform that fundamentally enhances how we interact with these technologies? Consider the impact of a project that bridges the gap between complex blockchain functionalities and everyday users, offering a gateway to enhance user engagement and foster a sustainable ecosystem.
Imagine if you could interact with any blockchain app without having to learn anything about the blockchain technology. Envision starting this journey with a simple social login, leading to quick onboarding and providing an easy recovery process when needed. With just one tap, you’d be able to perform the most complex actions on the blockchain like providing liquidity to a Dex which requires 8-10 transactions and you’d be able to pay the transaction fees on any blockchain in the token of your choice eliminating the need to hold every blockchain’s native token.
Plena is not just about introducing groundbreaking technology; it's about reshaping the future of blockchain interaction in a way that prioritizes ease, security, and accessibility.
What is Plena Finance (PLENA) roadmap?
Plena Finance (PLENA) revenue streams
- 0.5% on every Swap
- 0.5% on funds deposited in Private Portfolios
- Advertisement revenue
- Advertisements from In-App Quests
- Fee Charged for premium Plena Connect Features
- 0.1% from On & Off-Ramp transactions
- 0.1% on every bridge transaction
How does Plena Finance (PLENA) work?
All the products that we have built is linked to Plena App.
- The native Plena app is a self custodial wallet at core which uses Account Abstraction technology to provide its users with a seamless centralized application-like user experience.
- Plena Connect is the Account Abtsraction SDK which is the easiest to integrate and their partners don’t have to make any changes in their smart contracts or front end code. The only thing they have to do is their users have to download the Plena app. In the last two months more than 150 projects have started integrating their SDK and they acquired more than 20,000 users from them.
- Plena Portfoios: Plena Portfolios allows users to invest in multiple coins at once and monitor performance of those portfolios. It also allows users to set up automated payments as well.
- Plena Communities (Coming Soon): Plena Communities, an integral facet of Plena Finance, empowers users to both join existing communities and establish their own within the platform. These communities, hosted within the self-custodial wallet super app, facilitate discussions, token updates, and seamless promotion of dApp features via chat. For community owners, it attracts like-minded users and fosters token adoption, while traders can share insights and profitable trades, ensuring community members stay informed and engaged.
What is Plena Finance (PLENA) marketing strategy?
Our journey to user acquisition has been dynamic and strategic. We began with tried-and-true tactics like Influencer marketing and Advertisements, but when the market dipped, we evolved our approach. Embracing innovation, we collaborated with influencers who shared our belief in the project, effectively launching our AA SDK. This helped us partner up with over 150 projects and acquire 20k users.
We also started our Twitter spaces, which has helped us a lot with user acquisition. As the word spread, our project gained traction. In addition to this our partnership with Linea, a key player in the blockchain space backed by Consensys, is going to help us a lot with user acquisition as we have joined their accelerator program.
Also, Shardeum's is launching their mainnet. The founder of Shardeum, our angel investor and advisor, wants a similar user experience to Plena across dApps on Shardeum.
And with the help of these activities we are expecting to acquire 200k users in the upcoming months.
What technologies Plena Finance (PLENA) created and used?
- Plena was the first product to start using Account Abstraction technology
- Their Tech stack includes: Solidity, Nodejs, Nestjs, GoLang, Web3Js, React Native, NextJs and a bunch of different DBs for different uses