MANTRA Chain Launches Real-World Asset Accelerator Supported by Google Cloud
HONG KONG, Feb. 20, 2025 /PRNewswire/ — MANTRA, a layer 1 blockchain purpose-built for tokenized real-world property (RWAs) has launched RWAccelerator – a start-up accelerator program designed to empower builders and startups with funding capital, mentors, devoted AI assist and extra.
Supported by Google Cloud, the RWAccelerator program will concentrate on tasks with a robust curiosity within the tokenization of real-world property, throughout actual property, monetary merchandise and various property.
This system was created to drive growth, innovation and adoption in what’s proving to be a well timed second for the house. With the World Financial Discussion board projecting that by 2027, 10% of the world’s GDP – roughly $10 trillion – might be saved on blockchain networks, with Actual World Belongings (RWAs) enjoying a big position within the transformation.
Candidates to the RWAccelerator can have the selection of three themed tracks; infrastructure, tokenization and DeFi. They may bear a strong screening course of to establish revolutionary entrepreneurs, begin ups and builders for this distinctive alternative. Chosen tasks will obtain assist from the Google for Startups Cloud program that gives entry to Google Cloud sources together with cloud credit, technical assist and workshops led by Google engineers.
MANTRA workforce members might be available to assist accelerator individuals. Sharing recommendation and assist throughout sensible contracts, tokenomics, market maker choice, itemizing processes, authorized and compliance and extra.
“It is a highly effective alternative for startups to harness cutting-edge know-how and acquire entry to sources and mentorship,” stated John Patrick Mullin, CEO of MANTRA. “With assist from Google Cloud, this RWAccelerator will permit startups to succeed in new heights and considerably contribute to the broader Web3 neighborhood.”
Becoming a member of Mullin on-stage at Consensus to announce the launch of the RWAccelerator, Richard Widdman stated, “We’re excited to collaborate with MANTRA to assist the following wave of revolutionary Web3 startups targeted on tokenizing real-world property. By offering entry to Google Cloud’s infrastructure and experience, we goal to create an atmosphere the place these startups can really thrive, experiment, and push the boundaries of what’s potential within the Web3 house.”
Functions for the primary consumption to the RWAccelerator might be accepted beginning immediately via March 20, 2025 at www.mantrachain.io/ecosystem/RWAccelerator. Chosen individuals might be notified by April 1 and can start the three-month program with an in-person summit in Dubai. Functions for the second consumption will open March 20, 2025.
The launch of the RWAccelerator follows MANTRA efficiently acquiring a Digital Asset Service Supplier (VASP) license from Dubai’s Digital Belongings Regulatory Authority (VARA), to function as a Digital Asset Trade, in addition to present Dealer-Supplier and Administration and Funding Companies.
For extra data, go to mantrachain.io.
About MANTRA:
MANTRA chain is a purpose-built Layer 1 blockchain for real-world property, able to adherence to real-world regulatory necessities. As a permissionless chain, MANTRA Chain empowers builders and establishments to seamlessly take part within the evolving RWA tokenization house by providing superior know-how modules, compliance mechanisms, and cross-chain interoperability.
