MANTRA Set to Downsize Staff, Deprecate Token in Strategic Restructuring

Source: CoinEdition Original Title: MANTRA Set to Downsize Staff, Deprecate Token in Strategic Restructuring Original Link:

• MANTRA is set to restructure its operational model after a challenging period.
• The restructuring program involves cutting down on staff strength.
• MANTRA’s ERC20 OM token standard will be fully deprecated on January 15, 2026.

MANTRA, the layer 1 blockchain solution focused on Real-World Assets, has announced a restructuring program that will change its operational mode and team structure in 2026. MANTRA founder John Patrick Mullin explained the latest development, highlighting the reasons for the restructuring while stating the project’s way forward to the community.

Today, I’m sharing one of the most difficult decisions we’ve had to make at MANTRA.

After the most challenging year MANTRA has faced for a multitude of reasons, I’ve decided to restructure the company. This includes reducing our team size and parting ways with a number of…

MANTRA’s Restructuring is Born Out of Challenges

According to Mullin, the restructuring decision was born out of a challenging period, leading to the urgent need to downsize the company staff as part of a strategic shift. Mullin noted that the new MANTRA structure would run on a leaner team with streamlined operations, focus on resources, and commit to disciplined execution.

In the meantime, Mullin cited specific reasons behind its decision to restructure the project, including the inability to meet pre-planned targets. According to him, “unfair” events of April 2025, alongside the prolonged market downturn, increased competition, and shifting market dynamics, disrupted MANTRA’s program.

Working Toward a Capital-Efficient Strategy

After an ambitious investment period between 2024 and the first quarter of 2025, the cited setbacks made the project’s cost structure unsustainable due to its near-term realities. Hence, the pursuit of a more capital-efficient and laser-focused strategy that would include cutting down on non-essential spending, optimizing processes, and redirecting efforts toward MANTRA’s highest-priority initiatives.

Meanwhile, Mullin cited some departments that will be most affected in the downsizing exercise, including business development, marketing, HR, and other support roles. Besides the cut down in size of the operational staff, MANTRA has announced the formal deprecation of its ERC20 OM. The blockchain project informed users that the token standard will become formally deprecated on Thursday, January 15, 2026.

MANTRA’s challenges reflected the price of its native token, OM, which suffered significant depreciation last year, losing over 99% value, according to market data.