MANTRA is pioneering the future of finance by leveraging blockchain technology to tokenize Real World Assets (RWAs). As a purpose-built Layer 1 blockchain, MANTRA provides the infrastructure needed to bring assets like real estate, clean energy, and traditional financial (TradFi) assets on-chain, creating a more inclusive and transparent financial landscape.
What is the 50M $OM GenDrop?
The MANTRA 50M $OM Genesis Drop (GenDrop) is an essential step in MANTRA’s mission to foster a community-driven ecosystem centered around RWA-focused applications. By distributing $OM tokens, MANTRA aims to reward early adopters and active community members, encouraging long-term engagement with the platform.
Why Participate in the GenDrop?
The GenDrop is designed to build a strong and engaged community by incentivizing participants to explore the diverse offerings within the MANTRA ecosystem. Through this initiative, users can become familiar with various RWA-focused financial products and applications, laying the foundation for widespread adoption of on-chain finance.
Participation Details
The second season of the 50M $OM GenDrop, which launched on July 17, 2024, introduces new ways for users to participate and earn rewards:
- MANTRA.ZONE Missions: Complete on-chain missions to earn KARMA, a points-based system that ranks participants on a leaderboard. The more missions you complete, the higher your KARMA score and your chances of a larger $OM allocation.
- MANTRA Finance: Increase your GenDrop allocation by completing KYC verification. This step ensures compliance and enhances your standing within the MANTRA ecosystem.
- NFT Holders: Holding specific NFTs, including MANTRA collections and other aligned projects like BadKids, Bitkids, and Pudgy Penguins, qualifies you for the GenDrop. These NFTs represent a commitment to MANTRA’s vision and community values.
- Early Contributors: MANTRA acknowledges the contributions of early supporters by allocating $OM tokens to those who staked ATOM tokens, participated in the testnet, or helped build the ecosystem from its inception.
- Active Community Members: $OM tokens are also reserved for active users who consistently engage with MANTRA, demonstrating their support and involvement in the community.
What’s Next?
MANTRA plans to provide more details on the $OM GenDrop eligibility in future updates. To stay informed, follow MANTRA on social media and subscribe to the MANTRA blog.
About MANTRA
MANTRA is a Layer 1 blockchain designed to meet real-world regulatory requirements while enabling the seamless tokenization of RWAs. As a compliance-ready and permissionless chain, MANTRA offers developers and institutions the tools they need to participate in the evolving RWA landscape, including advanced tech modules, compliance mechanisms, and cross-chain interoperability.
Discover more about: What is MANTRA Chain?
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