MANTRA Chain is the Layer 1 blockchain of MANTRA OMniverse. The tokenization of both digital and real-world assets is done on this chain. This project intends to deliver a simple and user-friendly blockchain experience for all, especially for crypto market newbies.
It uses standardized modules to support decentralized applications and Real World Assets integrations. It’s a secure Blockchain Layer 1 using BFT protocol tech like Tendermint, meeting regulatory standards for Web3 app development without legal hurdles.
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MANTRA OMniverse is vertically developed as a blockchain ecosystem that blends in the diversity and inclusiveness of all. The goal was to develop a personalized, secure, and innovative cryptocurrency market for both individual and institutional investors. It contains four major components:
Currently, you can trade $OM at
There is also an experienced management team leading the MANTRA Chain, where most of them have diverse backgrounds in digital assets, banking, and trading. They have extensive experience working with some renowned organizations like PwC, BAML, Citigroup, Standard & Poor’s, and Credit Suisse.
MANTRA Chain has raised a total of 11 million USD and an undisclosed amount in an earlier round. Great support from leading investors in the MENA region helped the project to achieve its fundraising goals. The money will be used to enlarge activities in the MENA and Asia regions by creating a secure and reliable platform for trading real-world assets. The list of investors includes such prominent names as Forte, LD Capital, and Moonrock Capital.
July 2023
September 2023
November 2023
First half of 2024
Second half of 2024
Future plans
MANTRA Chain is a project with great dedication and a clear objective to be the very first Layer 1 supporting Real World Assets from the start, capable of attracting huge flows of capital coming from Traditional Finance.
CoinCu views this project as very promising in the RWA sector, since it is the first Layer 1 platform that goes on focusing on this domain. The first layer represents the basic layer; it may be the place attracting the most money when the RWA trend arrives.
Mantra Chain has an inbuilt strong framework in respect of regulatory compliance. This includes Know Your Customer (KYC) and Anti-Money Laundering. This ensures all transactions and offerings of tokens are held to a high standard of regulation, making the engagement of institutional and individual investors safer in their dealings with tokenized assets.
Mantra Chain stands out in the Cosmos ecosystem due to its specialization in RWAs and commitment to being fully compliant with all regulations. Unlike other chains, Mantra Chain is a unique module layer created to host the functionality of both creating and managing these tokenized RWAs. This focus allows users and institutions to digitize and trade real-world assets in a secure and compliant environment.
Mantra Chain is based on the Cosmos SDK, a modular framework that allows developers to build highly customized blockchains. By integrating with Cosmos SDK, Mantra Chain inherits several advantages, such as easy interoperability through the Inter-Blockchain Communication protocol, which bridges seamless interaction with other blockchains within the Cosmos ecosystem. In addition, the use of Tendermint consensus enhances security and scalability features, ensuring that the platform can efficiently process a large number of transactions without sacrificing strong security measures.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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