cryptonews.net
MANTA Network, a leading player in the real world asset (RWA) and tokenized assets sector, has launched the highly anticipated second season of GenDrop with a massive reward pool of $50 million. At current rate, this award pool is valued at approximately $63.8 million. The rollout began on July 17th, with participants able to earn significant rewards by donating $OM to the MANTA validator and completing on-chain missions. Early MANTA.ZONE participants will be eligible for exclusive rewards, providing additional incentives to quickly participate in the GenDrop event.
MANTA has successfully raised US$11 million in two rounds of funding, backed by prominent investors such as Shorooq Partners, GameFi Ventures, Maple Block and Token Bay Capital. The current price of $OM is $1.29, giving the project a market capitalization of $1.07 billion and a fully diluted value (FDV) of $1.14 billion.
In a recent announcement, MANTA also announced plans to tokenize $500 million worth of assets from Dubai real estate developer MAGGroup, further strengthening its role in integrating blockchain technology with real-world assets.
Image: Blockgeeks