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Cryptocurrency News Articles

Real World Asset Tokenization: Will it Catch on in the Middle East?

Mar 25, 2024 at 02:26 am

The MANTRA project is set to catch the attention of investors in the Middle East with its real asset tokenization initiative. Scheduled for March 25th, the AMA session will delve into the future of RWA tokenization in the region. Led by the CEO, this event will explore how MANTRA, a comprehensive blockchain ecosystem, aims to revolutionize the way real assets are tokenized and traded.

Real World Asset Tokenization: Will it Catch on in the Middle East?

Will Real World Asset Tokenization Gain Traction in the Middle East?

The MANTRA project is hosting an AMA on X to discuss the future of RWA tokenization in the Middle East. The event will be held on March 25th at 12:00 UTC and will be led by the CEO and co-founder of MANTRA.

What is the MANTRA Project?

The MANTRA project, also known as the OMniverse, is a vertically integrated blockchain ecosystem that has been rebranded and restructured to encompass a variety of innovative products and services. These services are targeted towards both retail and institutional investors and are segmented into four primary components: MANTRA Nodes, MANTRA Chain, MANTRA Finance, and MANTRA DAO.

How Does the OMniverse Work?

The OMniverse's operation mechanism is driven by its four main components. MANTRA Nodes, the foundational stack, provide revenue generation and community growth through yield-earning opportunities on multiple blockchains, alongside node management and staking services. The MANTRA Chain is a protocol for the Cosmos ecosystem that offers interoperability with other blockchains and aids in the development of secure decentralized applications and exchanges. MANTRA Finance aims to combine the speed and transparency of DeFi with the traditional financial world, enabling non-custodial and permissionless digital asset transactions. Lastly, MANTRA DAO, embodying a transparent governance mechanism, focuses on community involvement and provides services that improve the business functions of various DAOs.

What is the Role of the OM Token?

OM, the native token of the OMniverse, serves a variety of utilities within the ecosystem. Its roles include governance, enabling OM stakers to issue proposals and participate in voting processes, as well as staking, where OM can be staked directly on MANTRA's web app or Binance to earn passive yields. Through this, OM token holders are incentivized to contribute to and participate in the OMniverse's growth and governance.

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