Mantra has launched a startup program Rwaccelerator supported by Google Cloud, which is to support projects in tokening real -world assets with funding, mentorship and AI support.
Mantra (OM), a layer 1 blockchain that focuses on real -world assets, Launched Rwaccelerator- A startup accelerator program funding, mentorship, AI support, and more. Supported by Google Cloud, the program targets projects in real estate, finance, and alternative assets that are discovering RWA Tokenization. Participants can choose from three tracks: Infrastructure, tokens, and Defee. Selected startups will achieve access to Google Cloud resources, including cloud credits, technical assistance and workshops.
Applications for the first intake are opened by March 20, notified by 1 April with selected participants. The second intake will open on March 20.
John Patrick Mulin, CEO of the mantra, said, “It is a powerful opportunity for startups to use state -of -the -art technology and get access to resources and mentarships.” “With the support of Google Cloud, it will allow Rwaccelerator startups to reach new heights and make significant contribution to the broad web 3 community.”
Rwaccelerator comes in a significant moment for the RWA region. According to the World Economic Forum, about 10% of the global GDP – around $ 10 trillion – can be stored on the blockchain network by 2027. Also, Boston Consulting Group Projects That token property may represent the US $ 16 trillion market by 2030.
Rao and Mantra
The real -world property is physical or abstract property such as real estate, goods, bonds and arts. These assets are usually managed in traditional financial systems, which limit their access and liquidity. Tokenization allows these assets to be represented digitally on a blockchain, changing how they owe, business, and manage.
Mantra is a layer 1 blockchain designed to deal with the major challenges of RWA tokens by focusing on safety, compliance and scalability. This difference enables uninterrupted asset transfer in various blockchains using blockchain communication protocols, which helps reduce fluidity fragmentation.
To ensure the trust and regulatory follow, Mantra KYC integrates compliance equipment such as verification, AML protocol and transaction monitoring. Manufactured with Cosmos SDK, its modular architecture provides a flexible and scalable foundation for the management of complex RWA. The network is operated on a proof-of-set validator system with azantine-fault-tolerant consensus, which ensures rapid, safe and efficient transactions.
Governance on the mantra is decentralized, allowing token holders (OM holders) to participate in important decisions about network updates and improvements.
At the time of writing, the token Om of the mantra is priced at $ 7.37, below $ 1.82 in the last 24 hours. However, it is up to 27 % and % 106 on the weekly and monthly deadline respectively, respectively. Coinmarketcap,
