MANTRA, a Layer-1 blockchain designed for real-world asset tokenization, announced the launch of RWAccelerator, a specialized startup accelerator program aimed at funding, mentoring, and supporting early-stage projects focused on tokenizing physical assets.
A Dedicated Program for Startups
RWAccelerator is designed to fast-track innovation in real-world asset tokenization. Participants will have access to funding opportunities, technical mentorship from blockchain and finance experts, AI-driven solutions, and resources from Google Cloud. This aligns with the growing RWA market, projected by the World Economic Forum to account for 10% of global GDP by 2027.
Three Themed Tracks for Startups
RWAccelerator provides three tracks for startups: 'Infrastructure' for building blockchain infrastructure tools, 'Tokenization' focused on digitizing assets, and 'DeFi' for developing decentralized finance applications enhancing liquidity and RWA operations. Each applicant will undergo a rigorous screening process to identify innovative and scalable ideas.
Google Cloud's Role in the Accelerator
RWAccelerator is powered by Google Cloud, offering cloud credits, workshops on blockchain scalability, and technical support. Richard Widdman from Google Cloud emphasized the partnership seeks to create an environment where startups can truly thrive and innovate in the Web3 space.
Applications for the first intake of RWAccelerator are open until March 20, 2025. Selected participants will start the three-month program with a summit in Dubai on April 1, 2025. A second intake will begin on March 20, 2025. MANTRA continues to build a platform to bridge traditional financial mechanisms with advanced blockchain technology towards creating a multi-trillion-dollar RWA economy.
