MANTRA launches RWAccelerator program to boost RWA startups

Mantra has launched Rwaccelerator, a start -up program supported by Google Cloud, to support projects by tokening real assets with funding, mentoring and AI support.

Mantra (If), a layer 1 blockchain has focused on active world tokenized, a spear Rwaccelerator – A startup accelerator program offering funding, mentoring, AI support, etc. Supported by Google Cloud, the program targets projects in real estate, finance and alternative assets that explore RWA tokenization. Participants can choose from three tracks: infrastructure, tokenization and challenge. The selected startups will have access to Google Cloud Resources, including cloud credits, technical support and workshops.

Applications for the first contribution are open until March 20, with selected participants informed by April 1. The second consumption will open on March 20.

“This is a powerful opportunity for startups to exploit advanced technology and access resources and mentoring,” said John Patrick Mullin, CEO of Mantra. “With Google Cloud support, this Rwaccelerator will allow startups to reach new heights and contribute considerably to the wider web3 community.”

The Rwaccelerator arrives at a crucial time for the RWA sector. According to the World Economic Forum, around 10% of world GDP – more than $ 10 billion – could be stored on blockchain networks by 2027. In addition, the Boston Consulting Group projects These tokenized assets could represent a market of 16 billions of US dollars by 2030.

Rwas and Mantra

Active real world are physical or intangible assets such as real estate, basic products, bonds and art. These assets are generally managed in traditional financial systems, which limit their access and liquidity. Tokenization Allows these assets to be represented digitally on a blockchain, modifying the way they are detained, exchanged and managed.

The mantra is a layer 1 blockchain designed to meet the main challenges of Rwa tokenization By focusing on safety, conformity and scalability. It allows transfects of transparent assets through different blocks of blocks using the inter-blockchain communication protocol, helping to reduce the liquidity fragmentation.

To guarantee confidence and regulatory membership, the Mantra incorporates compliance tools such as KYC verification, AML protocols and transactions monitoring. Built with the SDK Cosmos, its modular architecture offers a flexible and scalable base to manage complex RWAs. The network operates on a system of validator of proof of implementation with a Byzantin-Fault-Tolerant consensus, ensuring rapid, secure and effective transactions.

Governance on the mantra is decentralized, allowing tokens holders (OM holders) to participate in key decisions concerning updates and network improvements.

At the time of writing the editorial staff, the Mantra token is a price of $ 7.37, down $ 1.82 in the last 24 hours. However, it is up 27% and% 106 on weekly and monthly deadlines respectively, according to Coinmarketcap.