MANTRA DAO Entices Institutional and Retail Investors From All Corners of the World

IMO Hits Hard Cap, 4x Oversubscribed

MANTRA DAO
Aug 15, 2020 · 5 min read

MANTRA DAO recently hit the Hard Cap of its Initial Membership Offering (IMO). The IMO was a huge success as the MANTRA DAO team saw the entire sale almost 4 times oversubscribed, and some rounds being filled in a matter of minutes.

As we welcomed over a thousand participants hailing from 81 countries around the world and ranging in age from 18 to 77 years old, Council Member Will Corkin mentioned that:

“The entire team at MANTRA DAO could not be more humbled and honored to have such an eclectic and global group of participants in our IMO. Our goal with creating MANTRA DAO is to help people all over the world store and build wealth together and have access to opportunities never seen before. By reaching people in 81 countries we are well on our way of achieving this goal and helping to break wealth inequality!”

We also want to take a moment to highlight the Institutional Venture Capital Funds that have helped and will continue to help propel MANTRA DAO and drive its growth through their networks and asset allocations. Some of them you already know through previous posts but some of them we are excited to announce to our Sherpa community for the first time!

Kenetic Capital

Kenetic Capital is the VC arm for Hong Kong-based trading and venture capital firm, Kenetic, and one of the most respected and sought after investors in the blockchain space. They have a vast network of opinion leaders, projects, and founders for deal sourcing, a strong track record with robust and proven risk management, 6 years of experience investing in the digital asset space. Kenetic is also an investor in Parity, Polkadot, and Kusama, helping to further strengthen MANTRA DAO’s ties with the Polkadot ecosystem.

Genesis Block

Genesis Block is Hong Kong’s premier OTC trading desk, and one of the most respected globally. With decades of collective experience in the crypto space, they are heavily involved in the current DeFi and Yield Farming markets, and will bring a wealth of knowledge and best practices to the team at MANTRA DAO!

Moonrock Capital

Moonrock Capital is a Blockchain Advisory and Investment Partnership based in London and Hamburg. Moonrock is dedicated to helping young start-ups and more established projects accelerate their growth and thrive in this industry. They will work closely with MANTRA DAO and help to develop unique growth strategies focused on the key aspects of blockchain business and leveraging key relationships and experience in the industry.

Genblock Capital

Genblock Capital is a crypto fund that exclusively invests in blockchain and cryptocurrency, with a focus on decentralized finance (DeFi) markets. More than just institutional capital, Genblock has been deeply entrenched in the crypto markets for the last 4 years, and are power users of the projects they invest in. Genblock will help grow the thriving MANTRA DAO community, provide liquidity, and connect the Council with their vast network in the space.

Revelation Fund

Revelation Funds is an investment firm specializing in the technology built around emerging cryptocurrencies. They invest in early-stage blockchain startups and decentralized protocols.

Master Ventures

Master Ventures is a blockchain-focused Venture Studio building the next generation of infrastructure companies to drive blockchain adoption. They bring together visionary ideas, exceptional talent, and investment capital to build world-changing companies.

Vendetta Capital

Vendetta Capital has brought together a multi-disciplinary team that has immense experience spanning from investing, portfolio management, and capital markets to marketing and blockchain technology. Vendetta invests in, leads, and helps projects to accelerate developing novel solutions to address the core issues of scalability, privacy, and interoperability for decentralized protocols and applications.

LD Capital

LD Capital is the most reputable investment firm in China focusing on Blockchain Investment, Securities, Equity Investment, and Trading. Owing to industrial resource advantages and professional investment research team, LD Capital has successively discovered and invested more than 100 companies. LD Capital overall achieved more than 100 times return with peak self-owned assets of nearly 1 billion US dollars.

PLUTUS.VC

PLUTUS.VC is a next-generation Innovation Venture Fund. PLUTUS.VC fund primarily focuses on innovations in China and the USA, but they do seek deals Worldwide. PLUTUS.VC targets at the *TMT sector –Telecommunications Mobile Technology, but is open to any new innovative business concepts.

Waterdrip Capital

Waterdrip is a Venture Capital fund focused on blockchain start-ups. Since its inception, Waterdrip has also invested in many high profile projects such as Polkadot, EOS, COSMOS, and Vechain. Waterdrip has been named one of China’s most competitive token funds and won the “Outstanding Digital Asset Management Team Award” at POWER 2018 China Blockchain Contributors Annual Summit hosted by Mars Finance. In addition, Waterdrip Capital is one of the members of Nova Club.

Consensus Labs

Consensus Lab is an institutional investor engaged in the research, investment, and incubation integration of the blockchain field, jointly established by Fred Wang. Consensus Lab is one of the major investment institutions in China’s blockchain industry, including Consensus Investment Fund, Consensus Quantitative FOF, and Consensus Industry Alliance Fund. Consensus Lab focuses on and invests in technical platforms, infrastructure, and internationalized projects that related to blockchains. Consensus Lab is one of the founding members of Nova Club alongside Waterdrip Capital.

About MANTRA DAO

MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance.

MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to grow wealth together.

www.mantradao.com

MANTRA DAO

Community-governed DeFi Platform Focusing on Staking, Lending, and Governanance.

MANTRA DAO

MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.

MANTRA DAO

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MANTRA DAO is a Community-governed DeFi Platform focusing on Staking, Lending, and Governance.

MANTRA DAO

MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.