Layer-1 blockchain MANTRA has announced the launch of RWAccelerator, a program aimed at supporting startups in real-world asset tokenization with Google Cloud's backing.
A Dedicated Program for Startups
RWAccelerator aims to fast-track innovation in real-world asset tokenization, focusing on sectors like real estate and financial products. Participants will receive funding, technical mentorship, AI-powered support, and access to Google Cloud resources.
Three Themed Tracks for Startups
RWAccelerator offers three tracks for participants: 1. Infrastructure Track for building blockchain infrastructure and security tools. 2. Tokenization Track for digitizing real-world assets. 3. DeFi Track for developing decentralized finance applications. Participants undergo a rigorous screening process to identify innovative and scalable ideas.
Google Cloud’s Role in the Accelerator
RWAccelerator is supported by Google Cloud, enabling participants to reduce infrastructure costs through cloud credits and obtain technical support for developing blockchain solutions. Richard Widdman from Google Cloud highlighted the partnership's goal of creating an environment where startups can thrive and push the boundaries of what's possible in the Web3 space.
The launch of RWAccelerator marks a significant milestone in advancing the blockchain-enabled real-world asset economy with Google Cloud's support. The program is open for applications until March 20, 2025, with participation kicking off with a summit in Dubai.
