A year ago, in Dubai, the opening speech of TOKEN 2049 was given by JP Mullin, CEO of Mantra. He opened the conference with a very interesting theme: "Bringing RWAs to the Cosmos and Beyond.”

A great perspective formed around MANTRA and JP as RWAs (tokenization of traditional assets, such as gold, real estate, etc.) was and still is at the forefront of conversations about digital assets.

That moment was the peak of Mantra and JP in the crypto world. His currency, OM, began to rise rapidly, a strong and constant ascent, leaving investors excited. OM, which in January 2024 was priced at 0.024, began to increase in price only with the rumor of JP's participation in TOKEN 2049. During TOKEN it was already priced at 0.60 and then began its epic journey, peaking at an incredible 9.00 in February 2025.

Impressive. The dream of every trader. Currency goes from 0.020 to 9.00 in a few months. And best of all, in a consistent and steady rise where everyone had the opportunity to enter by buying.

JP and #Mantra were the future of the crypto world. But...

... Time passes. Again, JP's participation in an event of this scale is highly anticipated. This time, not much is expected from the young visionary. There is no interest in his projects for the future of the market. What is expected of him is only his official version for the collapse of #OM and his plan for a quick recovery of the currency, if that is even possible.

JP will be back on stage. This time without shine, emerging from the shadows of widespread distrust. We are all eager to see if his personal magnetism will be able to restore confidence in MANTRA.

I think it's unlikely, and you?

Supplement: Title of JP's conference: Fireside Chat, Thursday, the 31st, at 13:00, Dubai time (06:00 am Br).