1/ Innovation designed to bypass regulation limits its adoption in the industry.
Some of these ideas have helped shape my view in how we build
@MANTRA_Chain
Fleshed out further in the chapter - "Working With, Not Against"
Link below
The Hackathon marks a fundamental milestone in our quest to spearhead
#RWA
tokenization.
It's an arena where technical boundaries are pushed and new structures are created—challenging the technical communities and fellow nerds to devise solutions that are innovative, pragmatic,
👨💻 Announcing the
#MANTRA
RWA-Focused Hackathon—bringing together developers, builders, and industry experts to collaborate.
👀 Agenda: BUIDL the Future of
#RWA
Tokenization on MANTRA Chain.
✅ Fill the form:
Learn more:
Vision:
Is there a real world use case for appchains?
At
@MANTRA_Chain
we’re bringing the best of crypto’s composability to compliance needs of RWAs - your offchain assets can now find a safe home onchain 🕉️
Thanks for the panel discussion
@DoraHacks
🫡
Bringing RWA tokenization into mainstream discourse is rife with hurdles, in overcoming these challenges we open the world up to new opportunities.
As we march stronger with this strategic funding support,
#MANTRA
’s focus remains on empowering developers with smart tools &
1/ Shaping the future of
#RWA
Tokenization across Asia and the MENA region, 𝘄𝗲'𝘃𝗲 𝘀𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹𝗹𝘆 𝗿𝗮𝗶𝘀𝗲𝗱 $𝟭𝟭𝗠 led by
@ShorooqPartners
, a prominent venture and technology investor in the MENA region
I’m thrilled for the Sherpa support in the recent momentum, but, now is not the time to celebrate.
The team is only getting warmed up right now, we’ve got a lot more exciting things to build.
Till we get there, take a deep breath, say OM and keep buidling - SHSH 🕉️🙏🏽
Sherpas, couldn’t be more excited for the community and the momentum we have. However, this is truly just the beginning for you, for our team, and for me. I’m hungrier than ever, and this recent success means nothing if we don’t build something that’s meaningful in the long term.
I am in Dubai, the first day of this week’s blockchain week has been a wash out because of rain in the desert, I know right 🤷♂️.
But that hasn’t stopped the MANTRA Team from pulling together an absolute banger of a program for the entire builder community out there.
5 Projects,
👨💻🛠️
#MANTRA
launches Incubator Program at the Dubai World Trade Centre
@DWTCofficial
in Collaboration with
@Virtuzone_UAE
, the leading corporate service provider in the UAE.
✅ Sign up for the MANTRA Incubator Program:
We encourage developers to apply
1/ An interoperable Decentralized Identity System adhering to all the regulatory-compliant parameters that maintain the blockchain level decentralization, security and anonymity and also offers KYC and Anti Money Laundering systems onchain is what the current ecosystem needs
There's a whole city excited about crypto, there's a whole contingent of people excited to exchange ideas.
BUT the infrastructure in the city is the bottleneck preventing this from happening today.
RPC problems IRL - thanks Dubai
I hate doing KYC
But here’s what I hate more than doing doing KYC
1.Doing KYC twice
2.Handing over custody of my assets to an opaque org
3.Onramping fiat with excessive friction
I hate these things so much and so passionately that we’re building to fix it on
@MANTRA_Chain
Launching Hongbai is the first step towards realising a single chain designed specifically to bring the entire financial industry into a new phase of existence.
The plan is to tokenise the world for a new asset class aka RWAs.
We’re on step 1. 🕉️
👨💻 Hongbai Incentivized
#Testnet
is LIVE!
We’re thrilled to open the floodgates to the Hongbai testnet, welcoming over 100,000 eager participants to explore
#MANTRA
— the premier security-first Layer 1 blockchain for
#RWA
tokenization.
Read more:
🛠️ What
I caved and got premium, just to be able to share my thoughts in depth - Might want to skip if you don't learning of a new chain bringing non-crypto natives on-chain
The first week since launching the
@MANTRA_Chain
testnet has been very encouraging as we continue building our
Future Friday post -
My bank is linked via IBC to
@MANTRA_Chain
, I transfer fiat and on-ramp directly to $OM from my bank account to my crypto integrated wallet. What a life, going to be a while before it becomes a reality but a guy can dream ✌🏽
Couldn’t be more honored and excited to serve another term on the council. It’s truly a privilege to serve the MANTRA community, and looking forward to buidling a lot more for the Sherpas in the coming years! 🕉💪🏼
3/ FinTech, especially digital assets & cryptocurrencies, is often seen as clashing with traditional finance. This is partly because early crypto advocates aimed to bypass government regulations and the existing financial system.
One Ecosystem: MANTRA
One Token: $OM
👀 A new proposal on $OM utility is coming out soon. The community will decide its destiny in the MANTRA ecosystem!
One Ecosystem: MANTRA
One Token: $OM
👀 A new proposal on $OM utility is coming out soon. The community will decide its destiny in the MANTRA ecosystem!
Builders going to build - can’t think of a better CEO to work along side in this onchain (r)evolution of finance!
Respect ✊🏽
@jp_mullin888
We’re just getting started 🕉️
It’s honestly an honor that I’m hearing investors are being approached and projects are saying that they’re doing a “MANTRA-style RWA pivot.”
As they say, imitation is the sincerest form of flattery. But there’s a lot more to unpack on our back story, so here’s a 🧵👇🏼🕉️
Thanks for sharing ser.
@MANTRA_Chain
we’re set to enable jurisdiction specific use cases across the tech vertical. This includes the validator layer 🫡🕉️
Relevant for RWA chains that need a few validators who physically reside in the jurisdiction in which they are regulated.
Or maybe an asset issuance appchain that must bring some non-active set validators with them to be on ICS.
probably nothing.
4/ In Asia, however, many FinTech & DeFi entrepreneurs are taking a different route. They're collaborating closely with current financial structures and regulators. This helps bridge tech gaps and positions Asian finance at the forefront of global digital innovation.
Fostering secure & compliant innovation is at the heart of
#MANTRA
The MANTRA Compliance Module seamlessly blends advanced security procedures such as KYC/KYB, AML, Passportable DiDs & more to ensure a compliant-ready future for
#RWA
tokenization.
Take a deep dive into the
#MANTRA
Compliance Module, streamlining & automating compliance processes with:
🧑💻KYC & KYB protocols
👀AML & sanctions screening
✅Transaction monitoring
⛓️On-chain DID
+ more
Read now:
#RWA
#OM
✅ DAO Proposal Passes to make $OM the L1 token of MANTRA Chain
🌐 The community has spoken with an overwhelming 99.95% approval for $OM as MANTRA Chain's main token!
What does it mean? - The team will now conduct a feasibility report considering the technical aspects and
The quest to innovate is riddled with obstacles - an amazing concept to tokenize validator yields built by amazing people.
On behalf of
@MANTRA_Chain
I am available to assist in any way I can to tokenize the world.
Onwards and upwards 🕉️
We BUIDL again, stronger! 💪🏽
To our community, thank you for your support. Reflecting on our recent MVP, we recognize the need for a new approach to tokenising blockchain infrastructure.
1/n...
If the future is
#multichain
,
@Cosmos
is already living up to an interconnected world of blockchains. With IBC you already have the concept battle tested. Want to know more about this layer 0? $ATOM Let's get into it!👇
A thread 0/13🧵
7/ The solution to many of these issues is a permissionless blockchain for permissioned dApps aka
@MANTRA_Chain
. This innovative approach could offer the best of both worlds: the open, decentralized nature of blockchain with the controlled, compliant environment of regulated
Rules of the bull:
- Don’t flaunt your wealth.
- Don’t use leverage.
- Don’t tell normies; let them find out on their own.
- Diamond hands.
- But sell if it will change your life.
- Prioritize decentralization.
- Bad NFTs only. 😈
- Ape responsibly.
- Have fun.
Rules of the bull:
- Don’t flaunt your wealth.
- Don’t use leverage.
- Don’t tell normies; let them find out on their own.
- Diamond hands.
- But sell if it will change your life.
- Prioritize decentralization.
- Bad NFTs only. 😈
- Ape responsibly.
- Have fun.
“I think great artists and great engineers are similar, in that they both have a desire to express themselves.”
- Steve Jobs
In blockchains and crypto there’s a new technological canvas for people to express themselves on.
Feeling a bit idealistic - who wants to see a MANTRA Mobile phone with a prebuilt wallet and access to complaint dApps?
Think solana saga but wayyyy cheaper for mass adoption
Future Friday post
Sovereign states around the world have all come together to accept DiDs as travel documents -
country specific visas have been replaced by a zk proof pre-check on your eligibility criteria to enter nations hassle free
Last night I dreamt of a last minute trip to Europe - oh wait I have an Indian passport and need to share the history of 3 generations of my ancestry, minimum.
*sigh* visa problems.
Bet we could’ve avoided colonisation if we only had a visa system in place at the time.
There is building for the sake of building, then there is building towards a collective purpose.
@MANTRA_Chain
we do the latter.
Only possible with collective of talented, driven and growth oriented contributors.
@defisushi
it is a joy to build alongside you 🫡🕉️
A web3 team in many cases has come to mean “just a bunch of remote workers with the same paymaster”
But a real team is when individuals with specializations work towards a leader’s clear objective as a unified consciousness
That’s what I’ve come to love about
@MANTRA_Chain
🕉️
Have you ever heard of Web3, but didn't quite understand what it was?
Our C3 fellow
@saxenasaheb
(growth,
@makerdock_
) and
@jayantramanand
(operations lead,
@MANTRADAO
) will be joining us to give you an introduction to the world of Web3!
Register here:
Bullish comments from
@BlackRock
surrounding the tokenization of TradFi assets. Where can these assets be tokenized and traded compliantly? Only on
@MANTRA_Chain
No such thing as the Sunday scaries when you absolutely love what you’re building, the people you work with, and you’ve been on the road for the last 10 days, and can’t wait to get back to the office Monday morning.
Big week in HK and then off to Dubai for Token! LFG! 🫡
5/ This trend highlights how the history and culture of Asian business often promote a collaborative approach with local regulators. Unlike the adversarial stance seen in other regions, this cooperation benefits both startups and the regulatory environment.
Future Friday Post
It is 2030 - I just supplied liquidity to an RWA/BTC pool on a regulated, compliant dex via a mobile app.
Used the LP tokens to supply collateral to a lending protocol and borrowed stablecoins to purchase real estate in my country, onchain, with all the
📣 Introducing Placehodlr!
The first dApp to launch on MANTRA Chain tokenize PoS validators for the
#RWA
ecosystem. We're excited to tokenize the validator nodes as the first yield-bearing assets on
@MANTRA_Chain
$OM and empower the
#Sherpa
with ownership.
Today is the 29 of February - do something out of your routine, remind yourself that time has a way of correcting itself and getting back on track.
Doing extraordinary things will feel as ordinary as any working Thursday while you’re living it.
Do something different today.
New HOW TO DeFi Episode:
#ZENTEREST
- Accessing money market
In this episode of How To
#DeFi
,
@jayantramanand
explains how to earn by supplying and borrowing tokens on money markets like ZENTEREST.
12/ 13🌟 Looking ahead, potential functions for $ATOM could include Inter-Chain Staking "Shared Security", Bridges to other blockchains, Liquid Staking, NFT minting & Interchain marketplaces, and a General Hub for Inter-Blockchain Communication (IBC).
Cosmos & IBC are one of the most robust and advanced blockchain infrastructure. Cosmos SDK's
#modular
architecture allows developers to build custom interoperable blockchains tailored for specific purposes. Making
@cosmos
&
@IBCProtocol
one of the most widely adopted ecosystems.
9/ As the broader FinTech landscape evolves, those who can navigate the regulatory frameworks while pushing technological boundaries will lead the way. Asia's model of cooperation and innovation could serve as a blueprint for the future of global FinTech.
8/ By leveraging permissionless blockchains for permissioned dApps, firms can ensure compliance while enjoying the benefits of decentralized technology. It's a forward-thinking solution that brings composability to innovation with regulation.
I SHALL TAKE PROFITS IN THIS BULL RUN
I SHALL TAKE PROFITS IN THIS BULL RUN
I SHALL TAKE PROFITS IN THIS BULL RUN
I SHALL TAKE PROFITS IN THIS BULL RUN
I SHALL TAKE PROFITS IN THIS BULL RUN
I SHALL TAKE PROFITS IN THIS BULL RUN
I SHALL TAKE PROFITS IN THIS BULL RUN
6/ For firms aiming to establish FinTech operations in Asia or compete with Asian FinTech companies, understanding this cooperative strategy is crucial. Aligning with local regulators can significantly impact your success in this dynamic region.
7/ MANTRA Compliance, as part of the MANTRA Chain, incorporates the Passportable DiD system, providing a secure, efficient, and reusable way for verifying individual identities for regulatory KYC/AML purposes. This integration aligns with the platform's commitment to regulatory
Want to learn more about different approaches to minting stablecoins? Check out the link below.
MIM and DAI, algorithmic stablecoins - 1 is the old guard of DeFi another looking at the new crosschain future of dapps
#DeFi
#stablecoins
#dai
#mim
#USD
Couple days ago we saw the partnership of Abracadabra money and Terra Money, and found it a perfect opportunity to look at what this Magic Internet Money (MIM) is from Abracadabra money and its comparison to DAI from MakerDao.
A 🧵 below
3/ Decentralized Identity (DiD) systems are fundamental in ensuring trust and security in blockchain networks. Passportable DiDs on MANTRA Chain, introduce a novel approach to enhance identity verification and simplify the user experience in decentralized ecosystems
2/ Here is a detailed understanding on how we at
@MANTRA_Chain
are building Passportable DiDs that are solving the current need of the hour. Making the current ecosystem a viable environment for Institutions and Traditional Illiquid Assets
@MANTRA_Chain
technically hasn’t raised from anyone yet, but the seed round is open for any institutional investors interested! It’s filling up quick! 💪🏼🔥
With all the vocal and regressive folks that are currently in power I think this talk in 20mins explains really well and a bit poetically, how we find ourselves in this position as a people
There's a cambrian explosion of chains, L2s, and apps - I've never seen such dynamism in crypto
Competition fierce
Most will die, some will change the world
One thing - i wouldn't want to be a bank competing against this open source chaos swarm
Crypto will eat the world
4/ Traditional identity verification often involves repetitive KYC processes for each decentralized application (dApp), leading to user friction and inefficiency. Passportable DiDs aim to address this challenge by creating a secure and reusable identity verification mechanism
Behind The Scenes of 'How To DeFi' 👀
Have a
#sneakpeak
at Jay and Hector recording the next instalment of How To
#DeFi
where our Sherpas will be able to learn more about Delegator Rewards 😃
Check the episode out this Wednesday (January 26th) at 8:00 AM UTC ⌚
The bear market taught me a few new words soliloquy -
An act of speaking one's thoughts aloud when by oneself or regardless of any hearers,
Example - I’m not losing my mind, I’m just in the midst of a soliloquy
5/ Passportable DiDs operate on the principle of issuing a unique NFT, known as a Soulbound NFT, once a user's identity is verified. This token acts as proof of the user's identity and can be used across various dApps, eliminating the need for redundant KYC processes
Hit ❤️ if you will attend the Community Call today at 2 PM UTC!
We at
#MANTRA
can't wait to share many exciting updates on the Roadmap and discuss MANTRA Chain,
#RWA
, and much more with Sherpas! 🕉️
#OM
8/ The Passportable DiD system offers a practical solution to the challenges of identity verification in decentralized ecosystems. By reducing redundancy, enhancing user privacy, and promoting a seamless onboarding experience, Passportable DiDs contribute to a more user-friendly
6/ The Soulbound NFT is tied to a specific user's ID, ensuring that personal information is not duplicated across different applications. This not only enhances user privacy but also streamlines the onboarding process for users, making it more convenient and efficient
@twobitidiot
I have a subscription yet you keep pushing me content and shilling me an upgrade to enterprise when I login.
Give me info and leave the marketing alone once you’ve got a paying subscribers.
Better ways to upsell your product to me