The first vertically integrated blockchain ecosystem, MANTRA, recently unveiled its ambitions to introduce RWAs to Cosmos in the Litepaper of MANTRA Chain, its very own blockchain.
The blockchain created using the Cosmos SDK will establish a new benchmark for tokenizing real-world assets (RWAs) in a way that complies with regulations. Once it is transformed into a digital representation in the form of a token, any asset having real-world value—such as equities, art, or real estate—can be readily traded. These tokens can be produced via security token offers (STOs) and then traded on a decentralized exchange (DEX) of MANTRA Chain, which is a KYC/AML guarded secondary market.
“We believe tokenized RWAs have the ability to completely transform the ownership, trading, and management of assets, and MANTRA Chain is well-positioned to serve this market. We can achieve new heights of efficiency, transparency, and liquidity by utilizing blockchain technology, which will help issuers, investors, and the larger financial ecosystem.” – John Patrick Mullin, co-founder and CEO
What Do Real-World Assets Mean?
One of the earliest Cosmos appchain solutions, MANTRA Chain, will provide tokenization of real-world assets—possibly the most intriguing and singular application to date.
The process of reflecting a real-world asset’s ownership interest through a digital token is known as tokenizing the asset. A user might possess a tokenized Tesla share, for example, and trade it on a Decentralized Exchange (DEX).
Tokenization like this benefits users in many ways. It makes previously illiquid assets more liquid, permits partial (fractionalized) ownership of a single asset, lowers transaction costs, improves accessibility, and increases transparency. Since the entire procedure is automated by the fully transparent and unchangeable blockchain, it also offers a more seamless transfer of ownership. Real yield from revenue streams connected to the asset, like as stock dividends or rental income from real estate, may also be available to token holders.
How can I use MANTRA Chain further?MANTRA Chain has various more characteristics apart from RWAs, and it is intended to be the “chain of regulated digital assets.” For instance, MANTRA Chain is especially appealing to Web3 builders since it simplifies the process of developing solutions that comply with regulations.
Additionally, users of MANTRA Chain will be able to fully utilize the integration with the Chain’s yield engine and integrate their products into the Chain. Interoperability, IBC-compatible tokens, quick cross-chain transactions, and other desirable features will be added by Building on the Chain. We think that by doing this, MANTRA Chain will be able to draw in a variety of developers who appreciate compliance and transparency.
MANTRA Chain will consist of numerous other innovative products, such as:
- MANTRA Token Service – a powerful SDK that will allow decentralized entities to create, issue and distribute their native tokens,
- MANTRA Assets – a dApp that will allow businesses to issue security tokens that represent real-world assets, and
- MANTRA DEX – the aforementioned decentralized exchange.
To learn more about MANTRA Chain and its features, you can read the litepaper here.
About MANTRA Chain
MANTRA recognizes that the Cosmos ecosystem lacks a chain that is specifically designed to provide regulatory compliance across a wide range of real-world assets (RWA) and tokenized assets. Given this gap in the current ecosystem, we strongly feel that a “chain of regulated digital assets” will create a forward-thinking protocol that attracts users from diverse backgrounds, many of whom may not be current participants within the crypto space, and who value the importance and safety of regulatory compliance.