MANTRA Launches Mainnet to Tokenize Real-World Assets
October 23, 2024
We’re thrilled to announce the official launch of the MANTRA Mainnet, marking a significant step forward in our journey toward bringing real-world assets (RWAs) onchain.
As the purpose-built Layer 1 blockchain specifically designed to integrate traditional finance (TradFi) with blockchain technology, the MANTRA Chain Mainnet will accelerate our vision of becoming the preferred ledger of record for tokenized RWAs.
MANTRA Mainnet Core Features
The MANTRA Chain Mainnet will provide a customizable set of tools built with reliable network security and strict regulatory compliance at the core. The platform offers a comprehensive avenue to seamlessly onboard traditional finance, thus simplifying the process of bringing real-world assets onchain.
Users will be able to perform several important activities after launch, including:
• Bridge: Bridge $OM tokens from ERC-20 to MANTRA Mainnet coins to gain access to future RWA drops.
• Staking: Users can stake their $OM to validators to help secure the network and earn onchain staking rewards. $OM will form a crucial part of the RWA ledger.
• Earn KARMA by completing new missions on mainnet.
The Mainnet will remain in active development to ensure features are continually released. We seek to provide a platform where tokenized assets live natively onchain with full compliance, enabling individuals and institutions to unlock the potential of the real-world asset economy.
Building a Compliant Future for RWAs
John Patrick Mullin, CEO & Co-Founder of MANTRA, expressed his enthusiasm: "We’re thrilled to unveil our Mainnet and officially welcome the industries, partners, and projects that want to collaborate and build the future of RWAs together. As awareness and innovation continue to grow, together we’ll be able to further unlock what can be a multi-trillion dollar real-world asset economy.”
MANTRA has grown significantly over the last 18 months. While 2024 has been a landmark year for MANTRA, including strategic collaborations with UAE real estate giant MAG and Zand Bank, the launch of the Mainnet will open the door for significant movement in the RWA space.
Follow our X @MANTRA_Chain to stay updated on official announcements and further updates.
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