Mantra

Dubai Developer Damac signs $1 Billion Deal with Blockchain Platform Mantra

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Mantra, a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer Damac Group to tokenise assets in the Middle East worth at least $1 billion (roughly Rs. 8,589 crore), the two firms said on Thursday. Asset tokenisation allows rights to, or ownership of assets, including real world assets (RWAs), to … Read more

OM Token’s Sudden Plummet Stirs Rug Pull Fears, Mantra Blames ‘Sudden Liquidation’  

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The OM token, the native cryptocurrency of the Mantra blockchain, registered a sudden and drastic drop over the weekend. The token fell by 90 percent in value, from $6 (roughly Rs. 515) to $0.70 (roughly Rs. 60.5), raising alarms across the crypto community. Speculations suggesting a potential rug pull flooded social media soon after the … Read more