{"id":93884,"date":"2024-09-19T14:54:45","date_gmt":"2024-09-19T18:54:45","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=93884"},"modified":"2024-09-19T14:57:26","modified_gmt":"2024-09-19T18:57:26","slug":"mantra-announces-mainnet-launch-set-for-october","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/mantra-announces-mainnet-launch-set-for-october\/","title":{"rendered":"MANTRA Announces Mainnet Launch Set for October"},"content":{"rendered":"\n

The mainnet launch of the MANTRA Chain is scheduled to occur in October 2024, according to the real-world assets platform<\/a> MANTRA.\u00a0<\/p>\n\n\n\n

\"MANTRA
MANTRA Announces Mainnet Launch Set for October<\/figcaption><\/figure>\n\n\n\n

In a statement released on September 18, MANTRA it is stated that the mainnet launch will provide important features such as improved network stability and institutional-grade access to tokenized assets and on-chain financing\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>. <\/p>\n\n\n\n

According to co-founder and CEO of MANTRA John Patrick Mullin, the mainnet will put the blockchain platform in a position to accomplish its objective of integrating traditional finance on-chain. <\/p>\n\n\n\n

As mentioned by Mullin, MANTRA's token and stablecoin on-ramps are drawing more companies and industry participants into the RWA and asset tokenization arena<\/a>, contributing to closing the divide between traditional and decentralized finance.<\/p>\n\n\n\n

MANTRA has struck some key partnerships<\/h2>\n\n\n\n

With new alliances in the real-world assets ecosystem, the MANTRA Chain's mainnet launch will help achieve this goal. <\/p>\n\n\n\n

Mantra announced its incentive-driven testnet in April and signed a major agreement with MAG, a major real estate company in the United Arab Emirates<\/a>.\u00a0<\/p>\n\n\n\n

The agreement's main component is the $500 million in real estate tokenization. A memorandum of agreement between a blockchain startup and an aviation finance company was revealed by MANTRA in August. <\/p>\n\n\n\n

Through this partnership, RWA investment opportunities in the aviation industry\u2014which is presently worth over $200 billion\u2014will be made available. <\/p>\n\n\n\n

With prices rising in tandem with increased active wallets and staking<\/a>, these trends have recently stimulated the performance of the native token OM.<\/p>\n","protected":false},"excerpt":{"rendered":"

The mainnet launch of the MANTRA Chain is scheduled to occur in October 2024, according to the real-world assets platform MANTRA.\u00a0 In a statement released on September 18, MANTRA it is stated that the mainnet launch will provide important features such as improved network stability and institutional-grade access to tokenized assets and on-chain financing . […]<\/p>\n","protected":false},"author":43,"featured_media":93885,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[2102,19100,16349],"class_list":["post-93884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-mainnet","tag-mantra","tag-rwa"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/09\/croc_1726771072340.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/93884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=93884"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/93884\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/93885"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=93884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=93884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=93884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}