blockchainreporter.net
MANTRA Network, a leading player in the real-world assets (RWA) and tokenized assets sector, has launched the highly anticipated GenDrop Season 2, featuring a massive 50 million $OM reward pool. At the current rate, this reward pool is valued at approximately $63.8 million.
Exciting Opportunities and Future Plans in Mantra GenDrop Season 2
The rollout began on July 17th, with participants having the opportunity to earn substantial rewards by pledging $OM to a MANTRA Validator and completing on-chain missions. Early participants on MANTRA.ZONE will be eligible for exclusive rewards, providing additional incentives for prompt engagement in the GenDrop event.
In a recent announcement, MANTRA also revealed plans to tokenize $500 million worth of assets from Dubai-based real estate developer MAGGroup, further cementing its role in the integration of blockchain technology with real-world assets.
Strong Financial Backing and Commitment to Community Rewards
MANTRA has successfully raised $11 million through two funding rounds, with backing from notable investors such as Shorooq Partners, GameFi Ventures, Maple Block, and Token Bay Capital. The current price of $OM stands at $1.29, giving the project a market capitalization of $1.07 billion and a fully diluted valuation (FDV) of $1.14 billion.
This launch underscores MANTRA’s commitment to rewarding its community and expanding its ecosystem. Participants are encouraged to visit MANTRA.ZONE to join the GenDrop Season 2 and begin their journey toward earning valuable rewards.
MANTRA Network is a Layer 1 blockchain specializing in real-world assets and tokenized assets. It aims to bridge the gap between traditional finance and blockchain technology, offering innovative solutions for asset tokenization and decentralized finance.