Plasma One is the most hyped neobank launch that is happening this month. What I am curious of is how the
@Plasma team incorporates plasma:native into their product.
Right now, PlasmaOne uses XPL for cashback, drawing sell pressure to the token. How will they create demand to buy?
Two versions I'd love to see: gate the PlasmaOne Platinum tier behind a minimum XPL balance, or charge an annual subscription and route that revenue into programmatic XPL buybacks. Either one ties product cash flow to the token.
A neobank backed by Tether can succeed entirely on its own, but if Plasma wants XPL to capture that success, the token can't be a bystander on this launch.