John Patrick Mullin, Co-founder of MANTRA, on Three Phases of RWAs, Blockchain’s iPhone Moment, and Perfect Canvas for Asset Tokenization | Ep. 372

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In an insightful interview with Cryptonews Podcast host Matt Zahab, John Patrick Mullin, co-founder of Mantra, a Layer 1 blockchain for RWA tokenization, discussed the three phases of real-world assets (RWAs) and the current stage.

He talked about blockchain’s “iPhone moment,” blockchain as the perfect ledger for asset tokenization to live on eternally, building a non-chain exchange, and Mantra’s ‘OMtober.”

Blockchain still has a ways to go, Mullin suggested during his chat with Matt.

While at the Korea Blockchain Week in Seoul, Mullin attended a dinner hosted by Layer-1 for IP, Story Protocol.

One of the investors and supporters, Chris Dixon, crypto partner at A16z, remarked that the space hasn’t had its iPhone/Facebook moment yet.

While Dixon spoke in the context of internet protocol tokenization, Mullin said that blockchain hasn’t yet seen a particular application or case take off due to a “convergence of technology” and “mindshare.”

“Everything kind of came together, culture, to have this like aha moment where everything went crazy up and to the right,” said Mullin. “And you haven’t had that application at the blockchain level yet.”