This Project, Focused on (RWAs) for Real World Assets, Launched a New Program in Collaboration with Google Cloud! Here are the Details

MANTRA, a Layer 1 blockchain designed for (RWAs, tokenized real-world assets, has launched RWAccelerator, a startup accelerator program aiming to empower Web3 founders with funding, mentorship, artificial intelligence support, and more.

MANTRA Chain, Launches Real-World Asset Accelerator with Google Cloud Support

The program supported by Google Cloud will focus on projects in real estate, financial products, and alternative assets, accelerating the adoption of blockchain-based RWAs.

The initiative emerged at a very important time due to the World Economic Forum's prediction that 10% of global GDP, )10 trillion dollars(, will be stored in blockchain networks by 2027 and RWAs will play a very important role in this transformation.

RWAccelerator: A Versatile Program for Web3 Innovation

Applicants to RWAccelerator can choose one of three areas of expertise:

• Infrastructure - Focus on the technical foundations of tokenized RWAs
• Tokenization - Enabling digital ownership and fractionalization of assets
• Discovering financial applications built on the blockchain

A rigorous selection process will determine the top startups and entrepreneurs to participate. Selected projects will have access to the Google for Startups Cloud program, which includes cloud credits, technical support, and workshops led by Google engineers.

In addition, the MANTRA team will provide practical guidance, including expertise in smart contracts, tokenomics, market making, compliance, and exchange listings.

"This is a powerful opportunity for startups to use the latest 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."

Richard Widdman, speaking on behalf of Google Cloud at the Consensus conference, added the following:

We are excited to partner with MANTRA to support the next wave of Web3 initiatives focusing on tokenizing real-world assets.

We aim to create an environment where these projects can develop and innovate by accessing Google Cloud's infrastructure and expertise.

Application Process and Timeline

Applications for the first group have started and will be accepted until March 20, 2025 at www.mantrachain.io/ecosystem/RWAccelerator.