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Crypto Prune > News > Crypto > Altcoins > Mantra partners with Agri-Tech leader Dimitra to advance tokenization of agriculture and carbon projects
Altcoins

Mantra partners with Agri-Tech leader Dimitra to advance tokenization of agriculture and carbon projects

8 months ago 3 Min Read

Mantra collaborated with Dimitra, Agri-Tech leader, to bring scalable blockchain solutions to global agriculture and sustainability projects.

Dimitra, a global leader in Agri-Tech and Sustainability Solutions, leverages blockchain and AI, according to an announcement shared with Crypto.News. The collaboration connects agricultural projects with investors after transparent, asset support investment opportunities, using mantra-regulated blockchains.

Phase 1 will focus on cocoa production and Mexican forest conservation projects in the Amazon region of Brazil. The Mexico Project alone is expected to generate around 1 million trackable carbon credits over the next decade. Dimitra’s proprietary carbon monitoring tool ensures transparency and validation of these credits, making trading and investment easier.

“These two projects are just the beginning. Both can be significantly expanded when it shows how real-world asset tokenization can drive project funding,” said Jon Trask, CEO of Dimitra Incorporated. “For example, Mexico is starting with 19,000 hectares, which are expected to generate 1 million carbon credits and more than $15 million in revenue over the next decade. But the chances are much greater. Fundación Alica is over 300,000 hectares and is ready to expand.”

You might like it too: When the volume explodes 500%, the mantra price rises by double digits – is the breakout on the horizon?

The partnership with Dimitra marks another important milestone in the recent post-fallout mantra recovery. In this fallout, OM price crashed from $6.26 to $0.42, resulting in a major loss of trust in the RWA tokenized blockchain.

This comes just after another major collaboration in which blockchain analytics platform Nansen joined as a validator for the mantra chain and lends institutional reliability to the project. At the same time, the Mantra is still moving forward with a token burn initiative aimed at regaining community trust.

See also  Electroneum Hackathon drives innovation in the Web3 space

However, OM Price continues to trade within the tough range of $0.37 to $0.42 due to recent breakout attempts but failing to gain momentum.

Mantra will partner with Agri-Tech leader Dimitra to advance tokenization of agriculture and carbon projects-1

Source: TradingView

You might like it too: “Credit is gone”: Mantra Price suffers ahead of CEO speech

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