MANTRA has officially announced a strategic collaboration with Google Cloud, naming Google as the primary validator for its newly launched Layer 1 (L1) network mainnet. This partnership aligns with MANTRA’s goal to expand its ecosystem through highly credible and technologically advanced support, enhancing the network’s infrastructure and providing its users with increased security. Google Cloud’s involvement as the mainnet validator reinforces MANTRA’s position in the Web3 space, as the company takes steps to bring blockchain-based assets and staking opportunities to its growing user base.
In addition to its role as a validator, Google Cloud will integrate MANTRA’s platform into its recently launched Cloud Web3 Portal. Through this portal, MANTRA will launch a dedicated testnet where developers can explore and build within the L1 ecosystem. This feature allows developers to engage directly with MANTRA’s network by accessing resources, experimenting with the ecosystem’s functionalities, and receiving OM tokens as a reward for their participation. By creating a testnet within Google’s portal, MANTRA opens up its platform to a wider pool of developers, encouraging Web3 innovation and attracting talent eager to explore blockchain technologies.
MANTRA has also expanded its support team by enlisting BCW Group as its official implementation partner. BCW, a prominent provider of Web3 infrastructure solutions within the Google Cloud ecosystem, is expected to play a crucial role in assisting MANTRA in this new partnership. BCW’s expertise in Web3 support will provide MANTRA with robust implementation capabilities, further strengthening the network’s operational infrastructure. By aligning with BCW, MANTRA aims to ensure that the technical aspects of its collaboration with Google Cloud are well-supported, enabling a seamless experience for developers and users alike.
The timing of this partnership aligns with the recent launch of MANTRA’s mainnet, which provides the necessary foundation for the network to support tokenized real-world assets (RWAs) on-chain. This development allows MANTRA users to stake OM tokens directly on the MANTRA Chain, earning staking rewards in the process. With RWAs entering the ecosystem, MANTRA offers its users exposure to asset classes that are tokenized on a blockchain, broadening the use cases for its mainnet and demonstrating the potential of blockchain for real-world financial applications.
JP Mullin, MANTRA’s CEO, highlighted that working with Google Cloud signifies a major achievement for the network and a strong endorsement for the real-world asset sector. He emphasized that the partnership with a technology leader like Google underscores MANTRA’s progress, offering a layer of credibility to the industry as blockchain platforms continue to explore innovative asset management solutions.
In addition to the mainnet launch, MANTRA has transitioned the OM token from Ethereum’s ERC-20 standard to its own MANTRA Chain. This migration reflects MANTRA’s commitment to expanding its network capabilities and providing a more integrated ecosystem for its token holders. While the transition aims to strengthen MANTRA’s ecosystem, the OM token has faced recent challenges, recording a nearly 5% decline in value since the mainnet’s launch. Despite this, MANTRA’s leadership appears optimistic about the long-term impact of these strategic partnerships and technological advancements on the network’s growth.
The collaboration with Google Cloud is expected to not only bolster MANTRA’s L1 network but also provide developers with advanced tools and a trusted validation mechanism, potentially encouraging broader adoption of Web3 technologies. As MANTRA integrates Google’s cutting-edge capabilities and partners with BCW for technical support, the network anticipates a stronger foundation for its on-chain asset offerings, staking services, and overall ecosystem development.
With a secure infrastructure powered by Google Cloud, MANTRA aims to solidify its presence in the Web3 and blockchain asset spaces, marking a significant step toward advancing tokenized asset management and decentralized finance. Through this partnership, MANTRA hopes to drive growth, increase credibility within the industry, and continue to push the boundaries of blockchain technology and real-world asset integration.
