MANTRA, a Layer 1 blockchain designed for tokenized real-world assets (RWAs), has launched RWAccelerator, a startup accelerator program that aims to empower Web3 founders with funding, mentorship, AI support, and more.
MANTRA Chain Launches Real-World Asset Accelerator with Google Cloud Support
The program, powered by Google Cloud, will focus on projects in real estate, financial products, and alternative assets and will accelerate the adoption of blockchain-based RWAs.
This initiative comes at a crucial time, as the World Economic Forum predicts that 10% of global GDP ($10 trillion) will be stored on blockchain networks by 2027, and RWAs will play a crucial role in this transformation.
RWAccelerator: A Versatile Program for Web3 Innovation
Applicants to the RWAccelerator can choose from three specialization areas:
- Infrastructure – Focus on the technical foundations of tokenized RWAs
- Tokenization – Enabling digital ownership and fragmented assets
- DeFi – Exploring financial applications built on blockchain
A rigorous selection process will determine the top startups and entrepreneurs who will participate. Selected projects will receive access to the Google for Startups Cloud program, which includes cloud credits, technical support, and workshops led by Google engineers.
Additionally, the MANTRA team will provide hands-on guidance, including expertise in smart contracts, tokenomics, market making, compliance, and exchange listings.
“This is a powerful opportunity for startups to leverage cutting-edge technology and gain access to invaluable resources,” said John Patrick Mullin, CEO of MANTRA. “With the support of Google Cloud, RWAccelerator will help Web3 startups push the boundaries of real-world asset tokenization.”
Speaking on behalf of Google Cloud at the Consensus conference, Richard Widdman added:
“We are excited to collaborate with MANTRA to support the next wave of Web3 initiatives focused on tokenizing real-world assets.
By providing access to Google Cloud’s infrastructure and expertise, we aim to create an environment where these projects can thrive and innovate.”
Application Process and Timeline
Applications for the first batch are now open and will be accepted at www.mantrachain.io/ecosystem/RWAccelerator until March 20, 2025.
*This is not investment advice.
