MANTRA recognizes that the Cosmos ecosystem lacks a chain that is specifically designed to provide regulatory compliance across a wide range of real-world assets (RWA) and tokenized assets. Given this gap in the current ecosystem, we strongly feel that a “chain of regulated digital assets” will create a forward-thinking protocol that attracts users from diverse backgrounds, many of whom may not be current participants within the crypto space, and who value the importance and safety of regulatory compliance.
We believe that future regulation will primarily focus on the application layer, rather than the protocol layer. Therefore, it makes logical sense to build a protocol that supports a variety of regulated activities. This includes on-chain identification, permissioned access to products, and connectivity to the fiat/banking world through on/off ramps. MANTRA Chain is developed for this specific purpose: to allow for the permissionless ability to build Web3 applications on a high performance, scalable blockchain architecture, but with the toolkit to build regulated, compliant and permissioned applications.