Dive into MANTRA Chain, a Layer 1 blockchain designed to tokenize real-world assets and enhance compliance within the cryptocurrency market. Explore its distinctive features, regulatory advantages, and potential for Web3 development.

What is MANTRA Chain?

MANTRA Chain is a Layer 1 blockchain within the MANTRA OMniverse ecosystem developed to provide infrastructure for tokenizing real-world assets (RWAs) and encrypted assets. Built on the Cosmos SDK platform, this project aims to attract users, especially those new to the crypto market.

MANTRA Chain is developed with standardized modules to leverage licenses from regulatory agencies, targeting users and developers interested in building decentralized applications integrated with Real World Assets (RWAs) within a compliant and transparent market.

This Layer 1 blockchain utilizes BFT protocol technologies such as Tendermint to provide a secure, high-performance system that complies with increasingly stringent regulatory requirements. This facilitates the development of Web3 applications without legal obstacles and supports scalability in compliance with regulations.

What is MANTRA OMniverse?

The MANTRA OMniverse is a vertically integrated blockchain ecosystem designed for individual and institutional investors alike. Comprising MANTRA DAO, MANTRA Nodes, MANTRA Chain, and MANTRA Finance, this ecosystem fosters innovation and security in the cryptocurrency market.

• MANTRA DAO: This serves as the hub for managing community proposals and decisions, expanding participation to a wider community, and providing transparent governance mechanisms for other projects and protocols.
• MANTRA Nodes: This feature provides infrastructure for vertically expanding the ecosystem, generating revenue, and expanding community ownership across multiple blockchains.
• MANTRA Chain: This is a Layer 1 blockchain developed based on Cosmos SDK technology, compatible with other blockchains, and utilizing DID modules for KYC & AML requirements.
• MANTRA Finance: This is a DeFi platform capable of interacting and integrating with TradFi, allowing trading, issuance, and earning from digital assets temporarily and without permission.

What makes MANTRA Chain Special?

• Regulatory Compliance: MANTRA Chain stands out for its compliance-focused approach to tokenizing real-world and encrypted assets, appealing to users globally, particularly those new to cryptocurrency markets.
• BFT Protocol Technology: Built on Tendermint’s Byzantine fault-tolerant (BFT) protocol, MANTRA Chain ensures a secure, high-performance system that meets stringent regulatory requirements.
• Interoperability: Through Cosmos Hub and the IBC Protocol, MANTRA Chain facilitates safe token transfers across different regions without requiring exchanges or intermediaries.
• Web3 Application Market: The platform supports the development of decentralized finance (DeFi) and Web3 applications in a compliant and transparent environment, attracting developers and users focused on legal compliance and safety.

Core Features of MANTRA Chain

MANTRA Compliance

MANTRA Compliance is a set of tools and services provided by MANTRA to assist Web3 platforms in complying with various regulatory requirements related to cryptocurrency transactions and other financial activities.

Key features of MANTRA Compliance:

• Onboarding: Identifying and verifying users (KYC/KYB), business verification (KYB), wallet address verification, AML screening, etc.
• Reusable KYC: DID/Soulbound NFT – a unique and non-replaceable token code, linked to the user’s ID and personal information. This information can be provided for KYC with third parties, eliminating the need for users to undergo KYC procedures multiple times.
• AML checks for user profiles
• User risk scoring
• Transaction monitoring (KYT)

MANTRA Token Service

The MANTRA Token Service (MTS) is an SDK toolkit that enables Web3 businesses to easily create, issue, distribute, and manage their own digital assets when building on the MANTRA network.

One of the key features of MTS is enabling businesses to create digital assets that comply with various regulatory frameworks, such as those for fiat currencies, securities, commodities, or other financial instruments.

MANTRA Assets

MANTRA Assets is a simple dApp leveraging the MANTRA Token Service SDK to allow companies to issue security tokens on the network. With MANTRA Assets, businesses, organizations, and individuals can easily launch security token offerings representing real-world assets such as securities or other financial instruments.

MANTRA DEX

MANTRA DEX is a DeFi Hub utilizing the Cosmos ecosystem to facilitate trading of real-world assets more easily and efficiently within the DeFi space, including fundamental products of a full-fledged DeFi ecosystem such as AMM, Farming, Order book, cross-chain, staking, and more.

Tokenomics

Token information

• Token name: Omniverse
• Token symbol: $OM
• Token contract:
  • Ethereum: 0x3593d125a4f7849a1b059e64f4517a86dd60c95d
  • Polygon: 0xc3ec80343d2bae2f8e680fdadde7c17e71e114ea
  • BNB Chain: 0xf78d2e7936f5fe18308a3b2951a93b6c4a41f5e2
• Total supply: 888,888,888 OM.
• Circulating Supply: 804,135,263 OM

Token Utility

$OM is the native token of the OMniverse and serves various utilities including:

• Governance: Participants who stake $OM can make proposals, participate in governance voting, and propose development within various products across the OMniverse.
• Staking Participation: $OM can be staked directly on the MANTRA web application or on Binance to earn passive income.
• Access to DAO Token/Airdrop Benefits: $OM holders have special access to new DAO token releases as well as collaboration opportunities for DAO token issuance.

Roadmap

MANTRA Chain’s roadmap emphasizes continued development and expansion, supported by a diverse team of experts from digital assets, banking, and trading sectors, with experience from top organizations like PwC, BAML, and Credit Suisse.

Core Teams

MANTRA Chain’s core team includes experienced experts from a variety of fields, from digital assets to banking and trading, from leading organizations such as PwC, BAML, Citigroup, Standard & Poor’s and Credit Suisse.

Investors

MANTRA Chain has succeeded in raising capital up to 11 million USD. Strong support from leading investors in the Middle East – North Africa (MENA) region has helped this project achieve its capital mobilization target. The capital will be used to expand operations in the MENA and Asia regions and create a safe and stable real-world asset trading environment.

Partners

Conclusion

MANTRA Chain represents a groundbreaking approach to decentralized finance, committed to building a secure and inclusive financial market. By integrating blockchain technology with real-world assets, MANTRA Chain offers innovative financial solutions that benefit users, developers, and the broader blockchain community.

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