#BTCRebound
Recent Milestones
Why we need to consider the potential of Mantra (OM) Despite of the recent turmoil, MANTRA had achieved several significant milestones:
1. RWA Focus: MANTRA Chain positioned itself as a Layer 1 blockchain built using the Cosmos SDK, specifically designed for regulatory-compliant Real World Asset (RWA) tokenization.
2. Dubai VASP License (February 2025): MANTRA obtained a license from Dubai's Virtual Assets Regulatory Authority (VARA), authorizing it to operate various virtual asset services in the UAE.
3. DAMAC Partnership (January 2025): Announced a major deal with Dubai real estate developer DAMAC Group, aiming to tokenize over US$1 billion worth of assets on the MANTRA Chain.
4. Ecosystem Fund (April 7, 2025): Launched a $108.8 million MANTRA Ecosystem Fund (MEF) to foster growth within its ecosystem, focusing on RWA and DeFi projects.
5. Google Cloud Partnership (February 2025): Collaborated with Google Cloud to launch an RWA accelerator program.
6. Token Evolution: The OM token transitioned from an Ethereum-based ERC-20 token to become the native staking and gas token for the MANTRA Chain mainnet (launched October 2024), following community approval.
