The core team would like to rebrand from Plasm Network to Aarth Network with a new logo. Here are some reasons why we would like to do this!
Aarth is not fixed. Let me know if you have a better idea
Plasm is not Plasma
Because of the name “Plasm”, this product is considered to be a layer 2 or a project related to layer 2. However, Plasm is a scalable smart contract platform on Polkadot. Layer2 is not the main feature but just a supplementary feature. This name often misleads new developers, media, and investors. From our perspective, layer2 is not so needed for Polkadot Network for the next 2 years since Polkadot itself is a scaling solution. As long as it is considered a layer 2 project, the future of Plasm will not be bright. That’s why we need to rebrand.
The earlier, the better
So, why we rebrand Plasm now? First of all, the earlier we rebrand (before launching the mainnet), the better for the ecosystem. We have a lot of tracking records in the Polkadot ecosystem and Plasm is well-known project in Polkadot. So, we will use “Aarth (Previously Plasm)” when we introduce this project publicly and during the Polkadot auction. Secondly, we would like to change the name before listing tokens because in the long run, the token ticker and the name will be different if we change the name after listing the token. (Example: Polygon ($Matic), AAVE ($LEND). The name Aarth is derived from Earth. Earth is the platform for living things. Aarth is the platform of smart contracts and applications. This name starts from AA. So, it is easy to find for all people.
Name: Aarth Network. We will use “Aarth (previously Plasm)” for months after the rebrand just like Polygon (previously Matic)
When: After Shiden secures Kusama Parachain.
How: Need to be discussed.
- Should we rebrand the name?
- Should we rebrand the name NOW?
- Aarth is the best name for us?