MANTRA Co-founder John Patrick Mullin announced recently that the project will undergo significant organizational restructuring, involving the optimization of multiple support departments including business development, market operations, and human resources.



He pointed out that since April of this year, market volatility combined with external pressures has made the current cost structure unsustainable. This restructuring is primarily aimed at allowing the team to focus more on the core competencies in the RWA field, consolidating market position through cost reduction and efficiency improvement.

From an industry perspective, many projects in the RWA track are also pursuing similar strategic focus. MANTRA's adjustment direction reflects the market's realistic considerations for the project's sustainable development.
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TokenSleuthvip
· 3h ago
Are they starting layoffs again? The April fluctuations still haven't settled down. In the RWA track, it feels like everyone is doing the same thing. It sounds like there's no money left, so they have to cut back. I understand. Is the market still there? Why does it feel like this round is all about contraction? Focusing on core competitiveness = we need to survive first. Could this round of adjustment be just cutting losses to stop the bleeding... The cost structure can't bear it anymore, still can't compete with other projects.
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MEVictimvip
· 3h ago
They're starting to lay off staff again... No matter how nicely they phrase it, it can't change the reality. The RWA concept is so popular, but they still have to scale back, which is a bit concerning. I've heard many projects in the industry are doing this; it really feels unsustainable. Reducing costs and improving efficiency sounds like they're taking a hit. Can they withstand this time, or will they go downhill again?
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TokenomicsTinfoilHatvip
· 3h ago
Another round of layoffs, it really feels pointless. Talking about focusing on RWA's core competitiveness, but actually it's probably just because there's not enough money to spend. I've heard so many words about cost reduction and efficiency improvement. If it really could improve efficiency, why did they burn so much before? In the RWA track, everyone is now using the same tricks, it feels a bit competitive. How long can they survive after this round of adjustments... I'm holding a wait-and-see attitude.
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ForumLurkervip
· 3h ago
Another excuse for layoffs haha, saying "strategic focus" just means they ran out of money Why does the RWA track keep trying to lose weight? It sounds like they just can't hold on anymore Come on, come on, come on, it's April again. What exactly happened during that period? Instead of optimizing, it's better to just deliver results, brother It feels like the entire track is doing the same set of operations... Cutting costs is useless, you need to actually launch products
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SighingCashiervip
· 3h ago
Reorganization again and again... Is this really genuine or just shifting the blame to the market? The hype around RWA is just so-so, it feels like layoffs are happening under the guise of reducing costs and increasing efficiency. It sounds like an official statement, but in reality, they just can't bear the costs anymore. Since April, they've been adjusting continuously; why haven't they come up with any new tricks yet?
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