MANTRA, a Layer-1 blockchain designed for real-world asset tokenization, has launched RWAccelerator, a specialized startup accelerator program.
Dedicated Program for Startups
RWAccelerator is designed to fast-track innovation in real-world asset tokenization, focusing on real estate, financial products, and alternative assets. Participants will gain access to investment capital, technical mentorship, and Google Cloud resources. John Patrick Mullin, CEO of MANTRA, sees this as an opportunity for startups to leverage cutting-edge technology and grow the Web3 community.
Three Themed Tracks for Startups
Applicants can choose from three tracks: infrastructure, tokenization, and DeFi. Each track supports developing innovative RWA solutions, including blockchain infrastructure creation, real-world asset tokenization, and DeFi application development.
Google Cloud's Role in the Accelerator
RWAccelerator is supported by Google Cloud, providing startups with cloud credits, workshops, and technical support. Richard Widdman from Google Cloud emphasized the importance of creating an environment for startups to experiment and grow in the Web3 space.
Applications are open until March 20, 2025, starting with a summit in Dubai. MANTRA aims to support significant growth in the real-world asset economy, bridging traditional finance and blockchain technology.