MANTRA, a Layer-1 blockchain for real-world asset tokenization, has launched RWAccelerator to support startups. The program aims to fund and mentor RWA-focused projects.
A Program for RWA-Focused Startups
RWAccelerator fast-tracks innovation in real-world asset tokenization, covering real estate, financial products, and alternative assets. Participants receive funding, technical mentorship, and access to Google Cloud resources. John Patrick Mullin, MANTRA's CEO, views the initiative as pivotal for Web3 startups.
Three Themed Tracks for Startups
RWAccelerator offers three tracks: Infrastructure, Tokenization, and DeFi, each covering different aspects of RWA solution development and deployment. Applicants undergo rigorous screening to identify innovative ideas.
Google Cloud's Role in the Accelerator
Google Cloud provides cloud credits, conducts workshops, and offers technical support. Richard Widdman from Google Cloud emphasized the goal of fostering an environment for startups to thrive.
Applications for RWAccelerator's first intake are open until March 20, 2025. Participants will be notified by April 1, 2025, and the program will commence with a summit in Dubai. MANTRA continues to advance the RWA economy, supporting innovation and regulatory compliance.
