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

X Real Estate Writer & SMM transitioned - Web3. I collab with RWAs, & DePIN, Founders, projs to attract QUALIFIED leads •https://t.me/Mike_RWA

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:

1. How much damage has this done to RWA mindshare and trust?

2. Will it slow institutional interest?

3. Will regulators start lumping all RWA projects together?

Or could this accelerate maturity, filtering out unserious actors and forcing better standards?

If you're building in this space, or watching closely I want to hear from you:

How will the Mantra collapse impact RWA adoption, credibility, and investment?

Is this a short-term setback… or a long-term stain?

👇 Drop your insights in the comments

RWAs are positioned as the “grown-up” side of crypto, the part that institutions and regulators are finally warming up to.

But incidents like this expose the cracks:

~ Lack of transparency
~ Overhyped announcements with underdelivered execution
~ Tokenization without real-world accountability

If RWAs want to win the long game, they can’t afford these kinds of failures.

here comes the big question: