Mike_RWA•DePIN ✍️
@mikepreneur24
Mantra’s Collapse: A Wake-Up Call or Just Another Web3 Wreck? RWA protocols are supposed to represent trust, stability, and credibility, especially as we bring off-chain assets on-chain. So when a major RWA player like Mantra collapses, it doesn’t just shake a protocol… It shakes the narrative. Let’s talk about what comes next, shall we
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Mike_RWA•DePIN ✍️
@mikepreneur24
Mantra was deep into tokenized RWAs, including tokenizing assets in the UAE and real estate-linked opportunities They had backing, hype, and early traction Now? The rug’s been pulled, with questions swirling around asset backing, governance, and financial handling For an industry trying to bridge TradFi and DeFi, this is a bad look. Here’s the dilemma:
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