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 help and extra.
Supported by Google Cloud, the RWAccelerator program will deal with initiatives 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 – shall be saved on blockchain networks, with Actual World Property (RWAs) taking part in a major function within the transformation.
Candidates to the RWAccelerator can have the selection of three themed tracks; infrastructure, tokenization and DeFi. They may endure a strong screening course of to determine modern entrepreneurs, begin ups and builders for this distinctive alternative. Chosen initiatives will obtain help from the Google for Startups Cloud program that gives entry to Google Cloud assets together with cloud credit, technical help and workshops led by Google engineers.
MANTRA group members shall be available to help accelerator members. Sharing recommendation and help 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 achieve entry to assets and mentorship,” stated John Patrick Mullin, CEO of MANTRA. “With help from Google Cloud, this RWAccelerator will enable 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 help the subsequent wave of modern Web3 startups centered on tokenizing real-world property. By offering entry to Google Cloud’s infrastructure and experience, we purpose to create an setting the place these startups can actually thrive, experiment, and push the boundaries of what’s doable within the Web3 house.”
Purposes for the primary consumption to the RWAccelerator shall be accepted beginning in the present day via March 20, 2025 at www.mantrachain.io/ecosystem/RWAccelerator. Chosen members shall be notified by April 1 and can start the three-month program with an in-person summit in Dubai. Purposes 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 Property Regulatory Authority (VARA), to function as a Digital Asset Trade, in addition to present Dealer-Vendor and Administration and Funding Companies.
For extra info, 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.
