MANTRA Incubator Project Showcase: Pyse

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Hey Sherpas! We’re excited to share another update on the MANTRA Incubator program.

We launched the program in April at the Dubai World Trade Center (DWTC) in collaboration with Virtuzone — the UAE’s leading corporate service provider. The MANTRA Incubator program represents a major step forward in our mission of promoting innovation in the real world asset (RWA) tokenization sector, especially in the MENA region.

In June, we welcomed three projects into the very first cohort of the program, where they receive ongoing support and mentorship to build robust RWA-focused applications on MANTRA’s scalable, high-performance blockchain infrastructure.

Our latest Incubator Project Showcase series will give you a firsthand look into the three Cohort 1 Incubated projects that will be live on MANTRA upon mainnet launch. We’ll delve into each project’s vision, proposed solution, and how they will integrate into the MANTRA ecosystem.

And now, we’re introducing the first incubated project in the showcase: Pyse.

Pyse is a groundbreaking project that aims to democratize access to climate-focused, environmentally friendly solutions by allowing investors to diversify their portfolios with green assets. By integrating into the MANTRA ecosystem, Pyse will facilitate broader RWA tokenization of green assets within the sustainability space.

What Problem Does Pyse Tackle?

The fight against climate change demands urgent action and significant financial resources to achieve global net-zero goals. We need a staggering $2.8 trillion between 2024 and 2030 to fund real world assets (RWAs) that offset or remove carbon from our atmosphere.

While institutional support for sustainability initiatives is growing, there’s a critical gap in grassroots project-level financing. This is where Pyse, a MANTRA-incubated project steps in; garnering investment support for climate-based solutions to promote their widespread adoption.

Pyse’s Proposed Solution

Pyse goes beyond traditional models, offering innovative solutions for both individuals and organizations:

Pyse enables individuals to invest directly in green assets like electric mobility and renewable energy. This ensures these technologies are deployed to help organizations transition to sustainable power and mobility alternatives, allowing investors to offset their carbon footprint and earn predictable returns.

What Market Gaps Are They Filling?

Pyse prioritizes security and responsible investment. The team boasts over 10 years of experience and utilizes a robust credit risk matrix, analyzing over 120 data points to manage project risk effectively. This meticulous approach ensures secure tokenized investments in easy-to-invest instruments.

Pyse offers organizations of all sizes “zero-investment leasing” options. This allows them to adopt sustainable practices, like utilizing electric vehicles (EVs) for logistics or switching to solar power for cleaner and cheaper energy, without the upfront hardware investment burden.

Retail investors and institutions can partake in the green revolution by investing in tangible RWAs backed by secure contracts. These investments create a visible environmental impact and generate a new source of passive monthly income.

And yet, Pyse takes it a step further; investors are empowered to positively impact the environment by leveraging the platform’s dashboard to track their carbon footprint associated with daily activities on platforms like Uber and Amazon. With this valuable insight, they can auto-invest their idle stablecoins into green projects, offsetting their emissions while earning returns.

Furthermore, unlike marketplaces with unvetted listings, Pyse takes a direct approach. All projects are meticulously vetted, executed, operated, and maintained in-house by Pyse, guaranteeing the quality and viability of each green asset offered.

Pyse also houses its EV OEM, designing and deploying custom electric motorcycles tailored for last-mile delivery projects in GCC.

What Is the Project’s Vision?

Pyse’s vision extends beyond individual investments. The platform empowers individuals to manage and offset their carbon footprint while earning returns. This holistic approach aims to promote environmental responsibility and help individuals diversify their portfolios across multiple green asset classes.

For businesses, Pyse seeks to be the one-stop shop for transitioning non-sustainable utilities across various sectors, including power, water, mobility, and air.

Why MANTRA?

For Pyse, exponential growth comes from leveraging our strengths and filling capability gaps through strategic partnerships. MANTRA’s focus on regulatory compliance and a KYC-first ecosystem will enable Pyse to freely innovate and create new green investment products while relying on us for their compliant and scalable distribution.

Real-world assets generate real-world yields, often differing from typical Web3 investor expectations. MANTRA is deeply committed to educating investors about new asset classes. We will offer necessary guidance on onboarding new users and bringing essential liquidity to the RWA ecosystem.

The Pyse team brings a wealth of collective experience, boasting over 35 years of combined experience in the green sector. They have a proven track record of raising funds from Indian retail investors specifically for green investments on the platform. Since its launch, Pyse has maintained a zero-default record on monthly returns from projects on the platform.

MANTRA’s RWA-first L1 ecosystem spotlights a space often overshadowed by all-in-one chains. We’re thrilled to collaborate with Pyse to bring onchain an asset class that’s good for the planet and great for the wallet.

Pyse is poised to redefine how we finance climate solutions by harnessing the power of RWA tokenization using MANTRA’s scalable infrastructure. The MANTRA ecosystem is proud to support Pyse’s mission to create a more sustainable future for all.

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The MANTRA Incubator program aims to lay the groundwork for innovation in the Web3 space, enabling promising dApps, projects, and builders to leverage resources, networks, and a nurturing environment in one of the most vibrant crypto scenes globally.

Through the program, we provide a robust platform to ensure the success of the most innovative and distinguished projects that will receive a comprehensive suite of benefits, including seed investment, expert guidance, global networking opportunities, and technical support.

Learn more about the Incubator program here: mantrachain.io/ecosystem/incubator.

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