In today’s episode, we dig into the spectacular rise and sudden collapse of MANTRA ($OM), once a poster child for Real-World Asset (RWA) tokenization.

From a $1 billion deal with DAMAC Group to a 90% price drop in a matter of hours,

this is a story about ambition, centralization, and crypto’s ongoing struggle with trust.

We break down:

✅ How $OM surged to $6.30 and gained global momentum

✅ The massive dump to OKX that triggered liquidations and investor panic

✅ Why token centralization was the project’s biggest risk all along

✅ What the team said—and what they didn’t

✅ How this echoes past collapses like LUNA, and what the RWA space must learn

This isn’t just about one token—it’s about the fragile architecture beneath the hype.

If you’re following the rise of RWA tokens, this is the cautionary tale you can’t miss. 🎧⚠️