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 in his latest post on X, highlighting the reasons for the restructuring while stating the project’s way forward to the community.
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.
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. In an official on X, 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 data from TradingView.
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