Outside Source
Mantra has announced that cloud computing giant Google Cloud is now a validator and infrastructure provider for the layer-1 blockchain MANTRA Chain.
MANTRA Chain, whose mainnet went live on Oct. 23, is an L1 for tokenized real-world assets. Its partnership with Google Cloud aims to bolster innovation across the real-world assets market, the platform stated in a press release.
Mantra eyes RWA accelerator
Google Cloud’s collaborations across the crypto market include partnerships with Flare, Aptos, Sui, Mysten Labs, Zilliqa, and Fireblocks, among others. Whether as a node operator, oracle service, or strategic alliance, these integrations are seen as key to the overall growth of web3.
As MANTRA’s primary validator and infrastructure provider, Google Cloud extends support to real-world assets through an RWA accelerator program. There’s also a testnet faucet, with this latter initiative utilizing Google Cloud’s recently launched web3 Portal.
This collaboration will provide developers with free MANTRA (OM) testnet tokens as they build decentralized applications within the MANTRA ecosystem.
Regarding the real-world assets accelerator program, the MANTRA Incubator will leverage Google Cloud to offer cloud credits to select projects focused on RWA initiatives. The partners plan to launch this program in Q1 2025, with developers also benefiting from technical support from Google’s web3 and artificial intelligence experts.
MANTRA will work with web3 and AI infrastructure solutions firm BCW Group as its implementation partner for the Google Cloud partnership.
The OM token saw slight gains amid the Google Cloud announcement, rising about 2% in 24 hours at the time of writing. This comes as OM staking rewards go live on the MANTRA mainnet, allowing users to bridge their ERC-20 OM tokens to mainnet OM, with the option to stake to a validator.
Notably, MANTRA’s validator count has increased with the addition of Google Cloud.
This article first appeared at crypto.news
