MANTRA, that cool Layer1 Blockchain everyone pretends to understand at parties, has just dropped a hot new program: RWAccelerator. 🚀 This bad boy is here to shake up the tokenization of real-world assets (yeah, those mysterious RWA things everyone’s vaguely excited about). Oh, and they didn’t just whisper about it—CEO John Patrick Mullin and Google’s Rich J. Widmann showed it off live at Consensus 2025 in Hong Kong. Bet the applause was awkwardly loud. 👏
Apparently, RWAs are the next big thing, with a market cap of $38.7 million (totally more than the haphazardly calculated worth of your love life). RWAccelerator claims it’ll sprinkle magic developer-funding fairy dust on startups in this space, starting… drumroll… today. 🥁
Wait, did I mention this party-starter comes right after MANTRA bagged a VARA Defi license? No big deal, just a fancy green light to play financial superhero in Dubai. 🦸♂️
So What Does RWAccelerator Really Do (Other Than Have a Cool Name)?
Glad you asked. It’s basically Shark Tank meets Silicon Valley (minus the cringy jokes and public meltdowns). Here’s what they’ll be handing out to the lucky few:
- 💰 *Cha-ching* in the form of investment capital, because innovation isn’t free, folks.
- 🧠 Mentorship with Google Cloud stepping in as the fairy godparent to offer workshops, cloud credits, and tech support. FYI, no bibbity-bobbity-boo sounds included.
- 🤖 Dedicated AI support. Because what’s cooler than throwing some algorithms at your problems?
Applications are open NOW (like literally now) and close on March 20, 2025. Here’s the link to save your dreams ~and possibly your bank account~:
Apply Here
Patrick Mullin, CEO of MANTRA, said something very inspiration-poster-worthy: “This is a powerful opportunity for startups to harness cutting-edge technology and gain access to resources and mentorship.” 🚀 Translation: Apply, and maybe someone at Google will actually reply to your emails.
ATTN: builders and startups—because @GoogleCloud and @jp_mullin888 want you to, like, thrive and stuff. 😎
The RWAccelerator program is here. Will it save Web3? Meh, who knows, but hey, it’s shiny.
— MANTRA (@MANTRA_Chain) February 20, 2025
Oh, and the World Economic Forum (WEF)—yeah, those folks who somehow always predict dystopias—reckon over 10% of global GDP ($10 trillion) will be on the blockchain by 2027. So, you know, no pressure or anything. 😅
Is MANTRA’s Token Feeling the Love? Spoiler: Not Really. 🤑
The native token $OM? Yeah, it’s having a bit of a Debbie Downer moment, down 2.46% in the last 24 hours. But then again, it rallied 29x this past year, so maybe everyone should just chill. ✨ Also, with all these new initiatives, the token might just get its groove back. *cue cheesy comeback montage music*
Real talk: the whole global tokenization market is set to explode (metaphorically, please) with a projected CAGR of 19%, reaching $5.6 billion by 2026. Basically, if RWAs were a stock at this point, your grandma would probably tell you to “buy, buy, buy!” 📈
Startups like Fraktion, Rally, and Nigeria-based TrendX are already claiming their piece of the pie. So yeah, RWAccelerator isn’t just a random PowerPoint presentation; it could legit bring traditional finance and DeFi into the same WhatsApp group. 🏦 🔗🌐
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2025-02-20 11:21