# Nicholas Krapels, MANTRA: Why Real-World Assets Need a Purpose-Built Layer 1 | ETHSofia

- Channel: [ETHSofia](https://streameth.org/ethsofia)
- Date: 2025-10-07
- Duration: 18:56
- Topics: Mantra, Mantra Chain, Mantra Network, Mantra Finance, Nicholas Krapels, RWA, RWAs, ETHSofia
- Watch: https://streameth.org/watch/yt-OucebaAbUg8
- YouTube: https://www.youtube.com/watch?v=OucebaAbUg8

## Description

Nicholas Krapels is a recovering academic and entrepreneur with a successful track record of incubating cutting-edge DeFi projects and optimizing tokenomics. Research on public/private blockchains published by MIT and IEEE Press.
MANTRA is a purpose-built RWA Layer 1 Blockchain, capable of adherence to real-world regulatory requirements. Bringing the world’s financial ecosystem onchain.

Chapters:
00:00 Introduction to RWA and Historical Context
01:38 Evolution of Liquidity in DeFi
03:07 Need for Onchain Finance
04:40 Growth Potential in RWA
05:27 Convincing Institutions for Onchain Assets
07:17 Mantra Chain's Approach to RWA
08:39 Permissionless and Permissioned Asset Issuance
09:58 Regulatory Developments and Strategy
12:00 Impact of Stablecoins on Crypto Market
14:14 Tokenization of US Treasuries
14:53 Mantra Chain's Role with RWA
15:31 Focus on Real Estate in RWA
16:06 Expanding RWA to Other Asset Classes
18:21 Conclusion on RWA and Blockchain's Future

This video was recorded during the ETHSofia Conference and Hackathon - October 17-19, 2024.

ETHSofia is THE crypto tech conference in Sofia, Bulgaria, bringing together enthusiasts, developers, researchers, and academia focused on Ethereum and other L1 chains. The conference is supported by the Ethereum Foundation and made possible by the generous contributions of industry leaders. For more information, please visit: https://www.ethsofia.com/

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