Mandi Token: Bringing Real-World Business Ventures to Crypto
The Mandi project aims to usher in the next wave of adoption through connecting its digital asset to real world ventures. In addition, community-based governance and a circular economy will be the frontmost contributions to the blockchain industry.
Cryptocurrency has promised a new emerging ecosystem in which its builders are not only considered innovators but also harbingers of financial freedom for the populace that has restricted access to traditional financial markets. However, while the vision began through Bitcoin, with the highest market capitalization, the potential of bridging real-world businesses with the decentralized web has yet to be fully developed.
The power of the blockchain, while hinted at through the rise of Bitcoin, has been suggested as a replacement for traditional databases and centralized transactional infrastructures, particularly with regards to real-world assets. With a completely trustless architecture, blockchain allows for the infinite fractionalization of anything that can be described by meta-data in transactions and smart contracts. Put simply, digital representations can be tied to an immutable ledger on the web.
Because of this new technology, almost any physical asset can be fractionalized and distributed to its holders around the world. The cost of performing said actions is perhaps more cost-effective and efficient than the traditional methodology. MnI, or Mandi Token’s portfolio management entity, has attempted to take this disparity in thinking, and combine it with the conceptualization of the high-growth economy of Indonesia, to result in a company that is breaking with traditional thinking.
The ecosystem’s capability to realize this vision has been limited in scope and effort. 2017 saw many startups promise the world and deliver either failed products, or nothing at all. The closest realization to bridging real-world business ventures with the power of cryptocurrency has been the creation of stablecoins. There is no intrinsic value of the stablecoin, however, other than that of the fiat currency it is backed by.
MnI, a portfolio management company in Jakarta, Indonesia, saw this consistent incapability to deliver upon this vision as an opportunity. The team developed Mandi tokens to be the market leader in bridging the gap between real-world assets and cryptocurrency. This intention, juxtaposed with the fact the company is based in Indonesia, a country that is has experienced at least a 5% growth in GDP annually for the past 5 years, positions the company as one that will be able to offer a unique value-add to investors globally.
Mandi’s biggest differentiating factor, however, is the fact that the company is investing and developing projects in real-world industries, including mining, infrastructure, hospitality, and real estate. This is coupled with a cryptocurrency-based financing structure that is entirely focused on taking cues from their community through its forums and portfolio management application.
Part of the reason why various companies have been incapable of generating traction when going about a similar path is that these projects have lacked the strategic partnerships to funnel revenue back into the token economies. Meaning, investors would be unfortunately indulging operations that have a single-direction transfer of value. Mandi holds itself to the highest standard of excellence and intends to allow the community to have a say in what they are investing in. The team is devoted to publishing all documented partnerships and company profiles on its homepage as they continue their roadmap.
As such, Mandi has made it a point to allow the community to decide not only which projects they can invest in, but which ones the founding team should be working on and pursuing, with a forum board that allows for the further explanation of these opinions. Very soon, they will be releasing Mandi Portfolio, a portfolio management app that includes a forum for discussion and the ability for users to vote on their most interested projects.
The launch of the Mandi project is a revitalization of the hope that real-world ventures can be bridged with cryptocurrency, in a manner that is community-governed and cognizant of its stakeholders. Furthermore, the concept shouldn’t just be exciting from the perspective of cryptocurrency enthusiasts. This is for anyone who is interested in gaining controlled exposure to an asset class that transcends many barriers faced by retail and accredited investors.
The dawn of a new era is upon us: cryptocurrency for the savvy, practical investor.
Follow us:
