{
  "url": "https://blockindex.ai/coin/mantra",
  "name": "MANTRA",
  "links": {
    "github": null,
    "website": "https://mantrachain.io/",
    "whitepaper": "https://docs.mantrachain.io/mantra-token-background"
  },
  "dScore": 34,
  "market": {
    "priceUsd": 0.00758152735408857,
    "marketCapUsd": 40156673.33175198,
    "volume24hUsd": 10802107.19758859,
    "priceChange7dPct": -0.65907581,
    "priceChange24hPct": -6.55251701
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 10000000000,
    "circulating": 5296646896.630435,
    "circulatingPct": 52.96646896630435
  },
  "ticker": "MANTRA",
  "founder": "John Patrick Mullin, Will Corkin, Rodrigo Quan Miranda",
  "vcFunded": true,
  "updatedAt": "2026-06-19T06:00:25.77306+00:00",
  "fairLaunch": false,
  "launchYear": 2020,
  "description": "MANTRA is a real-world-asset-focused Layer-1 blockchain and tokenization ecosystem connected to the Cosmos ecosystem. The project began as MANTRA DAO and the OM token, an Ethereum ERC-20 DeFi asset launched in 2020, before evolving into MANTRA Chain, a native Layer-1 network designed for regulated RWA issuance, staking, and institutional-grade tokenization. Current documentation describes MANTRA as a sovereign blockchain with a native staking coin, while legacy OM token supply on Ethereum was deprecated after the migration window closed in January 2026. Founders identified in extracted sources are John Patrick Mullin, Will Corkin, and Rodrigo Quan Miranda.\n\nTechnically, MANTRA Chain is built with the Cosmos SDK and uses delegated proof-of-stake rather than mining. It supports IBC connectivity for cross-chain asset movement and supports CosmWasm smart contracts, with later documentation describing full EVM compatibility after the v5.0.0 Abunnati Upgrade. Its architecture is oriented around compliance-ready real-world asset applications, token service modules, APIs, SDKs, and smart contract infrastructure for regulated financial products. The latest validator-directory version found in the source material is v8.1.1, and the chain reached at least block 13,000,000 by the March 2, 2026 OM-to-MANTRA split.\n\nThe project’s main use case is regulated tokenization of real-world assets across real estate, agriculture, carbon credits, sports assets, and tokenized finance. Referenced initiatives include tokenizing $500M of real estate assets for UAE builder MAG Group, a $1B agreement with Dubai developer DAMAC, cacao carbon-credit work with Dimitra, a regulated RWA product with Pyse Earth’s bike fleet in the UAE, an RWA savings vault with Ondo, and MANTRA USD or mantraUSD for tokenized RWAs. The source material also highlights partnerships and infrastructure activity involving Google Cloud, Nansen validator participation, and Inveniam-related RWA ecosystem development.\n\nMANTRA’s economic design changed materially over time. OM originally had an 888,888,888 hard cap as an ERC-20 token, then became the native MANTRA Chain staking coin by community proposal in February 2024. MANTRA Chain mainnet launched with OM as its staking coin from genesis on October 10, 2024. On March 2, 2026, at block 13,000,000, OM underwent a non-dilutive 1:4 split and ticker change to MANTRA, setting the maximum hard cap at 10,000,000,000 MANTRA. Exact current circulating supply, premine percentage, and public initial percentage were not confirmed in the supplied accessible source data.\n\nGovernance is described as community-driven, with the February 2024 proposal making OM the native Layer-1 staking coin passing with participation from ERC-20 holders and mainnet validators. The project retains a corporate and regulated ecosystem structure through MANTRA Chain, MANTRA Finance, and Dubai VARA-related licensing context, so governance appears hybrid rather than purely decentralized. Future-facing themes in the supplied data include expanded regulated RWA tokenization, MANTRA USD, MultiVM or EVM-compatible infrastructure, RWAccelerator, and broader institutional partnerships in the UAE, Middle East, and United States.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 1",
    "isToken": false,
    "consensus": "PoS",
    "parentChain": null
  },
  "dScoreComponents": {
    "autonomy": 5,
    "ageHistory": 13,
    "governance": 11,
    "nodeDistribution": 5,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}