MANTRA Unveils RWAccelerator Program to Propel RWA Startups

MANTRA has launched RWAccelerator, a startup program designed to support projects in the tokenization of real-world assets (RWAs). The accelerator, which is backed by Google Cloud, offers funding, mentorship, AI support, and access to cloud resources for startups in industries like real estate, finance, and alternative assets that are exploring the potential of RWA tokenization.

The RWAccelerator program provides three main tracks: infrastructure, tokenization, and decentralized finance (DeFi). Participants selected for the program will gain access to Google Cloud resources, including cloud credits, technical support, and workshops. Applications for the first intake are open until March 20, with selected participants to be notified by April 1. A second intake will open on March 20.

John Patrick Mullin, CEO of MANTRA, emphasized the significance of the program, stating, “This is a powerful opportunity for startups to harness cutting-edge technology and gain access to resources and mentorship. With support from Google Cloud, this RWAccelerator will allow startups to reach new heights and significantly contribute to the wider Web3 community.”

The timing of the launch is critical, as the real-world asset (RWA) sector is growing rapidly. According to the World Economic Forum, approximately 10% of global GDP, roughly $10 trillion, could be stored on blockchain networks by 2027. Additionally, the Boston Consulting Group has projected that tokenized assets could represent a $16 trillion market by 2030.

What are Real-World Assets (RWAs)?

RWAs refer to physical or intangible assets such as real estate, commodities, bonds, and art, typically managed through traditional financial systems that limit their accessibility and liquidity. Tokenization of these assets allows them to be represented digitally on a blockchain, offering the potential for greater liquidity, easier management, and more accessible ownership.

MANTRA’s Role in RWA Tokenization

MANTRA, a Layer 1 blockchain platform, is focused on addressing key challenges in RWA tokenization, including security, compliance, and scalability. MANTRA facilitates seamless asset transfers across different blockchains using the Inter Blockchain Communication (IBC) Protocol, helping to reduce liquidity fragmentation.

The platform integrates compliance tools such as KYC (Know Your Customer) verification, AML (Anti-Money Laundering) protocols, and transaction monitoring to ensure that tokenized RWAs remain trusted and adhere to regulatory standards. Built with the Cosmos SDK, MANTRA’s modular architecture provides a flexible and scalable foundation for managing complex RWAs.

Governance on MANTRA is decentralized, allowing token holders (OM holders) to have a say in key decisions about network upgrades and improvements.

At the time of writing, MANTRA’s token, OM, is priced at $7.37, reflecting a decrease of $1.82 in the past 24 hours. However, it has seen significant gains in recent weeks, up by 27% in the last week and 106% on the monthly timeframe, according to CoinMarketCap.