🔥 Token Burning and Supply Reduction
Mantra's CEO, John Patrick Mallin, announced plans to burn his share of OM tokens and develop a comprehensive burning program covering other parts of the supply. The goal is to reduce the circulating supply and strengthen community trust.
🛠️ Restoration and Development of the Ecosystem
Mantra continues to develop its real-world asset (RWA) tokenization platform despite recent events. The project maintains licenses and partnerships, including collaborations with Dubai developers MAG and DAMAC, as well as a license from the Virtual Assets Regulatory Authority (VARA) in Dubai.
📈 Forecasts and Expectations
Analysts provide mixed forecasts regarding the future of the OM token. Some predict a rise to $2 by the end of 2025, while others expect a more modest recovery to the range of $0.35–$1.89, considering the loss of investor trust.
🤝 Communication with the Community
The Mantra team actively engages with the community by holding meetings and participating in events such as the Web3Festival in Hong Kong and the DC Blockchain Summit in Washington. This is aimed at strengthening ties with users and investors.