Plasma Foundation recently raised eyebrows when it secured $1 billion in deposits ahead of its token launch. Plasma founder and CEO, Paul Faecks, told Decrypt that the stablecoin blockchain will launch its mainnet by “late summer.” Will mainnet launch by the end of August?

Market dates:

• Market Period: From the publication date through August 31, at 11:59 PM UTC
• Market Closing: August 31, 2025, at 11:59 PM UTC
• Resolution Deadline: The resolution will be determined after market close, or earlier if the outcome is reached

Resolution criteria:

Resolves to "Yes" if Plasma launches their mainnet within the market period

Resolves to “No” if it doesn’t.

Resolution details:

• The Plasma mainnet will be considered launched once a publicly accessible, stable version of the network goes live and begins processing real transactions on a blockchain intended for ongoing, real-world use
• The Plasma team needs to refer to this stage as the “mainnet”
• “Mainnet beta” or similar phrasing will resolve as “Yes”
• The Plasma official X account, or other official channels, will be the primary resolution source

Cancellation (Invalidity) Conditions:

This market will be canceled/voided if:

• The resolution sources are unavailable or compromised
• Extraordinary circumstances prevent reliable determination of the outcome

In the event of cancelation, participants may claim their stakes at the market value of their open positions at the time of cancelation. This could result in a profit or a loss, depending on the price of their outstanding shares.