MANTRA Chain is a blockchain platform that ensures regulatory compliance, allowing companies and developers to build permissioned apps on a permissionless network.
What is Mantra Chain
Here’s how it works:
-
MANTRA Compliance: This is a group of tools to help Web3 platforms follow legal rules about cryptocurrency and finance.
-
Mantra Token Service: Also known as MTS, it's a program that lets businesses make and manage their digital assets on MANTRA. It uses simple coding languages like Golang and NodeJS.
-
Mantra Asset: This app uses MTS to let groups issue their security tokens on the network.
-
Mantra DEX: A platform within MANTRA that makes it easier to trade real-world assets.
-
Cross-chain compatibility: MANTRA DEX leverages the Cosmos ecosystem to allow trading of assets across multiple blockchain networks (Cosmos IBC Integration).
-
Easy-to-use interface: user-friendly interface that makes it easy for users to navigate and trade.
-
Dynamic fees: MANTRA DEX uses dynamic fees to lower the cost of trades is commensurate with the market, providing a more sustainable ecosystem for liquidity providers.
Mantra Chain provides a complete ecosystem for companies that wish to join the crypto world, without being worried about compliance, fees, or technical issues. The platform also offers a way for users to invest in RWA, and create their own security tokens.
Team of Mantra Chain
Mantra Chain review
Pros
Experienced Team
The team has built DeFi products for four years, creating useful products (They have built Mantra Dao, a Launchpad and staking platform, and SOMA, a digital asset platform.
Complete Suite
This platform gives you all the tools you need to invest and make compliant security tokens.
Compliance First
The team designed its product to make it compliant of regulation for security tokens and RWA.
Cross-Chain Trading
This feature lets you trade assets across different blockchain networks easily.
Large User Base
Thanks to past projects, this platform already has many users.
Cons
Technological Risks
This project could face technology risks as they are at the beginning of their journey.
Adoption Risk
This technology’s success will depend on its adoption. Mantra chain will attract more or less users depending on how they deal with their business development.