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“...we explored many other chains before making a decision and MANTRA was the best choice for us out there.” 🇦🇪🕉️ Hear what DAMAC Properties Managing Director Amira Sajwani | أميرة سجواني has to say about the MANTRA team’s aligned vision and how our purpose-built infrastructure will drive broader RWA...

19,514 Aufrufe • vor 1 Jahr •via X (Twitter)

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"Using AI technology we have created a unique brand experience, highlighting our commitment to redefining passenger journeys. It’s not just about telling a story, but allowing our audience to be part of it." Learn how @qatarairways is marketing its AI. #ad

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@DAMACOfficial @Amira_H_Sajwani @jp_mullin888 These guys are cooking something special for the ecosystem

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@DAMACOfficial @Amira_H_Sajwani @jp_mullin888 Just tell me why you aren't so bullish on Mantra

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@DAMACOfficial @Amira_H_Sajwani @jp_mullin888 🔥🔥

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@jp_mullin888 Wanna collaborate?

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@DAMACOfficial @Amira_H_Sajwani @jp_mullin888 Interesting

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A few words about the MANTRA | The EVM L1 for RWAs situation — from our perspective. BlockHunters has been a validator and community builder for MANTRA since even BlockHunters was LIVE. We’ve supported the mission of bridging real-world finance with onchain infrastructure, and we’ve witnessed the team’s resilience and responsiveness firsthand. This recent period has tested the strength of the community, but we believe it also highlights MANTRA’s willingness to listen, evolve, and act with integrity. We stand behind the project, its leadership, and its future — and we’re proud to continue building alongside them. Two weeks ago, the price of $OM — the native token of MANTRA Chain — suddenly crashed. People were confused and upset. Many thought the MANTRA team might have sold tokens, causing the drop. But according to current statements from the team, that is not what happened. What actually occurred was a liquidation cascade on centralized exchanges. That means some people who had borrowed money to hold $OM were automatically forced to sell when the price dipped — and that selling triggered more selling, like a chain reaction. The end result? A fast and painful crash. Understandably, the community was shaken. In response, MANTRA’s founder JP Mullin has made a public and symbolic commitment: he’s burning all of his 150 million $OM team tokens — permanently removing them from circulation to restore trust. BREAKING DOWN THE SITUATION – COMMUNITY-SOURCED SUMMARY A respected community member, Crypto Fundamentalist, shared a helpful breakdown of the current state of the $OM situation, based on JP’s public updates and community communications. Main takeaways: - No sales by the Mantra team during the price crash. - Evidence of large liquidations on centralized exchanges triggering a cascade. - A token buyback and supply burn program is coming. - JP has committed to burning his own allocation. - A dashboard with live token bucket balances is in the works. - Further transparency reports (including fundraising history) are expected. - Legal investigations are ongoing. - More clarity to come, especially from exchange-side data. 150 MILLION OM BURN – SYMBOLIC AND STRATEGIC JP Mullin has committed to burning his full 150 million OM token allocation. These tokens were originally staked at MANTRA’s mainnet launch in October 2024 to help secure the network. Here’s how it’s going down: - The tokens are currently unstaking - They will be sent to the burn address on April 29, 2025 - This burn will reduce the total supply of OM by 8.24% ON-CHAIN EFFECTS: APR BOOST FOR STAKERS Once the burn is complete: - Total Supply: Decreases from 1.82B → 1.67B OM - Staked Tokens: Decrease from 571.8M → 421.8M OM - Bonded Ratio: Drops from 31.47% → 25.30% - APR Increases: Stakers benefit directly from higher yields This move improves tokenomics while rewarding long-term participants in the ecosystem. TOKEN BUYBACK PROGRAM – STILL TO BE ANNOUNCED MANTRA is also planning an official token buyback and burn program, potentially targeting an additional 150 million OM. This would bring the total burn to 300 million OM, further reducing supply. While details are still in development, this initiative is expected to strengthen OM’s position in the market. WHAT IS MANTRA? MANTRA is a regulatory-compliant, real-world asset (RWA) Layer 1 blockchain. Built for developers, institutions, and the next wave of tokenized finance, MANTRA offers: - RWA tokenization infrastructure - Compliance modules and permissionless access - Interoperability with major blockchains MANTRA holds a VARA license from Dubai to operate as a Virtual Asset Exchange, Broker-Dealer, and Investment Management entity. JP'S OFFICIAL STATEMENT (25th April 2025) “This has been humbling. And heartbreaking. We need to take a moment to regroup and make sound decisions. I promise that our team won't rest until we've made this right.Every day, we continue to investigate what happened and develop plans to prevent it from happening again. Next week at TOKEN2049 in Dubai, I’ll be speaking and releasing concrete next steps for MANTRA — including enhanced governance, transparency reports, and the full execution of my token burn.We’re listening. We’re working around the clock. And we’re not backing down from the responsibility we owe to this community.”— JP Mullin 🫡🕉️ WE BACK MANTRA At BlockHunters, we’ve had the privilege of working closely with - across multiple collaborations and community efforts. Through the ups and downs, one thing has remained clear: MANTRA is building for the long term. Their transparent handling of recent events, commitment to decentralization, and push for token-holder alignment earns our full support. We stand behind MANTRA and their mission to redefine the tokenized asset space. Last year, we had the pleasure of welcoming JP on our podcast — long before this incident — for a deep dive into MANTRA’s vision, regulatory alignment, and the future of tokenized finance. 🫡🕉️

BlockHunters

61,227 Aufrufe • vor 1 Jahr

🕉️ #MANTRA Brings Real-World Assets Onchain with #Mainnet Launch. We’re thrilled to announce that the highly anticipated launch of the MANTRA Chain Mainnet will be coming in October 2024. 🔥As part of MANTRA’s vision to become the preferred ledger of record for real-world assets, the MANTRA Chain Mainnet will include key features such as: 🔒Verifiable network security and stability, mitigating counterparty risk ✅A trusted platform to deploy institutional capital onchain 👀A foundation for a globally accessible asset class, unlocking the multi-trillion dollar real-world asset economy "The launch of our Mainnet marks the culmination of years of work to bring finance onchain. We are thrilled to be at the forefront of bridging the gap between traditional and decentralized finance,” said JP Mullin (🕉, 🏘️), CEO & Co-Founder of MANTRA. “By providing on-ramps for tokens and stablecoins with world class stability and reliability, we believe MANTRA Chain will be the leading global destination for businesses and industries to access onchain financing and asset tokenization." This milestone marks a significant step towards bringing traditional finance (TradFi) onchain and provides a new home for MANTRA's native token, $OM. We want to thank our Sherpas for their unwavering support on this transformative journey to pave the way for a more inclusive and compliant future for tokenized assets. 📝 Read more: $OM #HomeForRWAs #OMtober

MANTRA | The EVM L1 for RWAs

130,727 Aufrufe • vor 1 Jahr

The Science of Chanting: Why 32 Lakh Times for the Gayatri Mantra? Have you ever wondered why there is a specific count for mantra chanting in our traditions? It is not just a random number; it is a deep spiritual science based on the structure of the mantra itself. In this video, the significance of the Gayatri Mantra and its "Purushcharana" (the process of mastering a mantra) is explained through simple spiritual mathematics. The Math Behind the Mantra: - The 24 Varnas: The basic Gayatri Mantra consists of 24 syllables or letters, known as varnas. - The 24 Lakh Goal: According to Mantra Shastra, to initiate or "awaken" a mantra, one must chant it as many lakh times as there are syllables. Therefore, the basic practice requires 24 lakh chants, which a dedicated seeker can usually complete in about 2 years. The Vishvamitra Tradition: The count changes when we follow the method used by Brahmarishi Vishvamitra, which includes the Vyahritis. - Adding the Vyahritis: By adding Om and the three Vyahritis (Bhur, Bhuvah, Svah), the total count of syllables increases. - The 32 Lakh Sankalp: These additions bring the total to 32 syllables (24 + 8 = 32). To complete the full Purushcharana of this version, one must perform 32 lakh chants. This tradition shows us that every sound has weight and every chant brings us closer to spiritual awakening. It is a journey of discipline, patience, and pure devotion. Jai Maa Gayatri! If you found this insight helpful, save this post for your spiritual journey and share it with others!

Arpit

23,314 Aufrufe • vor 6 Monaten

It was great to see Lex Fridman learn and chant the Gayatri Mantra so well and PM Narendra Modi too recite it encouraging everyone to do so daily. Gayatri Mantra indeed is a very powerful mantra for expanding our awareness. I would like to humbly talk about it based on my own experience: The Gayatri mantra, like other Vedic mantras, reveals itself to the practitioner over time as they regularly chant and meditate on it. The Sanskrit words (or basically the sounds) reveal their true meanings in our experience as we chant them. For example, "Savitr" in the mantra though is said to be invoking the Sun, has presented itself in my experience, after much Sadhana, as the bright illuminating force of our own consciousness. Bhur, Buvah, and Svah revealed themselves as my own states of awareness from this waking 'reality', to the world constructed by my mind, to just pure consciousness, respectively. Dhi, is the limited power of consciousness. It's our limited awareness in day to day life. Right now as you read this, my words and may be a little more is in your Dhi. Not what you ate for lunch. But now, that lunch is in your Dhi. So what are we asking for while chanting Gayatri Mantra? We are asking the bright illuminating force that illuminates the waking reality, the mental world, and all of our consciousness to present itself in our Dhi - our limited awareness now. By becoming aware of it, we can wield it. And use it to illuminate, or bring into our awareness, much more than what is possible normally. For example, we can become a Ramanujan if we want by turning our Dhi to math problems, and the expanded power of awareness we have developed will bring to us solutions and equations that others may not see. You get it. As you regularly chant Gayatri mantra, you will realize you are much more aware of the world around you as a sort of a play, an illusion. You will also become much more intuitive. And you will see things others may not. For example, you may be able to see much more to events in the world. And while seeing that, your expanded intuition will help you see a lot more in your mental world about those events - like the factors behind them, and what's connecting them. Then you may also see "the future." You may intuitively see how those events will develop. It all depends on what you choose to focus on with your Dhi and how focussed you are about it. This is my personal experience. Of course, I'm not a realized soul, but that's the end goal. I sincerely believe by chanting and meditating on the Gayatri Mantra we can expand our awareness so much that we are aware of our own consciousness. Which is nothing but realization of the self. Enlightenment! Now, the Gayatri Mantra needs to be chanted as an incantation as prescribed in our scriptures with all its tones as per the Gayatri Meter. This is very important I believe. This too came into my realization one day while chanting the Gayatri Mantra: The Vedic mantras are designed like training data for LLMs. Here the LLM is your brain. These mantras when chanted the right way help mould the brain and fine tune the mind in certain ways to experience the world differently. They alter our conscious experience of the world. The sounds (or even mental chanting) probably reshape our brain's neural networks to achieve this expanded awareness (as in the case of Gayatri Mantra). May be one day neuroscience will find out. So if you do plan to start chanting the Gayatri Mantra and meditate on it, make sure you use a proper version chanted in the Gayatri meter the right way. This is of course my suggestion based on my own experience and what I have realized from my practice.

Aravind

108,172 Aufrufe • vor 1 Jahr