咒語曾經是RWA令牌化的希望燈塔，一夜之間倒塌，損失了90％的市值

儘管有野心和最近的進步，包括從迪拜的Vara獲得令人垂涎的VASP許可證，以作為合法的虛擬資產交換

In a surprising turn of events, Mantra, the crypto project that was making waves with its rapid growth and innovative approach to real-world asset (RWA) tokenization, has seen a dramatic decline in its market cap. Over the past year, Mantra soared to new heights with an impressive 640% gain. However, within a 24-hour period, this aspiring crypto colossus witnessed a fall from grace as its market cap plummeted from $6 billion to a meager $485 million. This spectacular crash has left crypto enthusiasts around the globe scratching their heads and rushing to unpack the startling series of events.

在一個令人驚訝的事件轉變中，咒語是加密項目，它以其快速的增長和創新的現實資產（RWA）代幣化而引起轟動，其市值急劇下降。在過去的一年中，咒語飆升至新的高度，增長了640％。但是，在24小時內，這個有抱負的加密紀念巨像從格雷斯（Grace）跌倒了，因為其市值從60億美元下降到微不足道的4.85億美元。這場壯觀的崩潰使全球的加密愛好者撓頭，急於打開一系列令人震驚的活動。

Despite its ambitions and recent strides, including securing a coveted VASP license from Dubai’s VARA to operate as a legitimate virtual asset exchange, Mantra now faces an uncertain fate. The company’s ecosystem fund, dubbed the MEF, had grand plans to nurture global RWA and DeFi projects, aiming to provide OM-token grants and strategic capital investments. The goal was to fortify the future of lending, trading, asset management, and more. Moreover, a landmark $1-billion tokenization venture with DAMAC Group was anticipated to revolutionize the real estate and hospitality sectors.

儘管它的野心和最近的進步，包括從迪拜的Vara獲得令人垂涎的VASP許可證，以作為合法的虛擬資產交換，但Mantra現在面臨著不確定的命運。該公司的生態系統基金被稱為MEF，制定了培養全球RWA和DEFI項目的宏偉計劃，旨在提供OM-Token的贈款和戰略資本投資。目的是強化貸款，交易，資產管理等的未來。此外，預計與達馬克集團（Damac Group）的一家具有里程碑意義的令牌化合資企業將徹底改變房地產和酒店業。

However, members of the crypto community, known for their keen observation and analysis, began raising concerns. A research analyst, who uses the pseudonym Choze, drew a stark comparison between Mantra’s downfall and the catastrophic collapse of the Terra ecosystem in May 2022. The analyst made unsettling allegations that the core OM team liquidated their entire holdings, a maneuver that saw 90% of the token’s circulating supply vanish into thin air. This move effectively wiped out over $3.5 billion in market cap.

但是，以其敏銳的觀察和分析而聞名的加密社區成員開始引起人們的關注。一位使用化名choze的研究分析師在2022年5月在Terra生態系統的崩潰與災難性崩潰之間進行了鮮明的比較。分析師提出了令人不安的指控，即核心OM團隊清算了他們的整個股份，這是他們的整個貨物，這是一項動作，這一動作卻使Token的循環供應量為90％。這一舉動有效地消除了超過35億美元的市值。

To put this into perspective, the core OM team members, having joined with zero capital and no startup costs, managed to siphon off an estimated $3.42 billion in liquidity over the past 18 months. In contrast, projects like OpenAI, known for developing the advanced language model ChatGPT, secured a $10-billion valuation after five years of developing an LLM from scratch and amassing a user base of over 1,000.

為了看待這一點，核心OM團隊成員加入了零資本，沒有啟動成本，在過去的18個月中，設法觸發了大約34.2億美元的流動性。相比之下，以開發高級語言模型Chatgpt而聞名的OpenAI這樣的項目在從頭開始開發LLM並積累了1000多個用戶群後獲得了100億美元的估值。

Furthermore, rumors swirled online about Mantra abruptly shutting down their official Telegram group, adding another layer of skepticism from the crypto community. As one prominent figure put it, “It’s ironic how quickly they deleted their Telegram group after dumping 90% of their tokens and wiping out $3.5 billion in user funds.” Another critic, TrimBot, an advocate for real-world asset tokens, slammed the entire meltdown as “pure market manipulation.”

此外，關於咒語突然關閉其官方電報小組的謠言在網上旋轉，增加了加密社區的另一層懷疑論。正如一個傑出的數字所說，“具有諷刺意味的是，他們在拋棄了90％的令牌並消除了35億美元的用戶資金後，刪除了電報組的速度。”另一位批評家特里伯特（Trimbot）是現實世界中的資產代幣的擁護者，將整個崩潰猛烈抨擊為“純粹的市場操縱”。

Amid the looming shadow of controversy, Mantra’s CEO Patrick Mullin, in a previous statement, had expressed optimism for the brand new MEF. He described the fund as an “on-ramp for the next wave of blockchain innovation.” Mullin also hinted at strategic partnerships with a spectrum of global capital partners who are ready to bolster emerging blockchain ventures. These partnerships will be crucial for providing liquidity and resilience to new projects in the face of market shifts.

在有爭議的陰影中，咒語的首席執行官帕特里克·穆林（Patrick Mullin）在先前的聲明中對全新的MEF表示樂觀。他將這一基金描述為“下一波區塊鏈創新的坡道”。穆林還暗示了與全球資本合作夥伴的戰略合作夥伴關係，他們準備加強新興的區塊鏈企業。這些夥伴關係對於面對市場轉變的新項目提供流動性和韌性至關重要。

Despite multiple attempts to reach out to Mantra and its associated partners like Three Point Capital for comment, communications have been limited. Efforts to contact them via email and Telegram have yet to yield any response. As the saga continues to unfold, only time will tell whether Mantra can recover from this precipitous collapse or if its dreams were merely castles in the air. This incident serves as a stark reminder of the volatile and unpredictable nature of the crypto universe.

儘管多次嘗試與Mantra及其相關的合作夥伴（如三點資本）進行評論，但溝通仍然有限。通過電子郵件和電報與他們聯繫的努力尚未產生任何響應。隨著傳奇的繼續展開，只有時間才能說出咒語是否可以從這種陡峭的崩潰中恢復過來，或者它的夢想僅僅是城堡中的城堡。這一事件引起了加密宇宙的動盪和不可預測的性質的明顯提醒。