For more details on the listing tiers, please refer to Listings Review Criteria Section B - (3)
Plasm is a Substrate Runtime Module Library which allows developers to add Plasma functions to their Substrate chain. By adding a Plasm Substrate Runtime Module Library, you can get scalable blockchains within a few minutes. Substrate consists of 2 components, Substrate Core and Substrate Runtime Module Library aka SRML. Plasm can customize Substrate Core with SRML and make an original Substrate chain. Plasma is a layer2 scaling solution which makes it possible for scalable computation by structuring economic incentives to operate the blockchain autonomously without the operator’s management. Ideally, it brings infinite scalability into developers' blockchain.
The project is aiming to get a Parachain slot in 2020 Q3 and launch the token by 2020 Q4.