Chat with @Brickken, as we explore the financial infrastructure of tomorrow!
The Spaces featured a concise AMA between MANTRA (hosted by John) and Brickken’s cofounder Edwin, focusing on real-world asset (RWA) tokenization and an upcoming integration with MANTRA EVM. Edwin outlined Brickken as a tokenization-as-a-service platform launched in 2020 with an end-to-end, SaaS-based model that hides blockchain complexity, enabling issuers across jurisdictions to put financial instruments (debt, equity, revenue sharing) on-chain. Brickken reports 300M+ in assets tokenized across 16 countries and emphasizes user experience and regulatory know-how over asset gimmicks. Team capabilities span legal (Edwin is an M&A lawyer) and security (cofounder is a lead security auditor and author of an RWA-related standard). On roadmap, Brickken is doubling down on MANTRA EVM deployment to drive TVL from tokenized assets and engaging the OMI’s community via education, quests, and rewards. JP from MANTRA confirmed EVM launched last week, teased October upgrades, and signaled significant OHM-related updates post January 15, with eco-drops happening on MANTRA EVM. The OMI collection is migrating from Cosmos to EVM with a shift from staking to a new questing platform. Brickken hinted at future BKN airdrops for OMIs and discussed yield mechanics as offer-specific (not pooled), often 10–20% APY in bond-like structures.
Brickken x Mantra Twitter Spaces Recap — Tokenization-as-a-Service, Mantra EVM Integration, and Eco Drops
Participants and Roles
- John (Host, Mantra): Moderation, community updates for OMI/Omis, closing remarks.
- Edwin (Brickken, Co-founder/Executive): Project overview, USP, team background, roadmap, community engagement, airdrop hints, and RWA/tokenization model.
- JP (Mantra, Leadership): Mantra EVM launch update, ecosystem roadmap/pillars, eco drop confirmation, timelines.
- Team member (Unidentified): Early housekeeping (noted Edwin would join via personal account).
- Community member(s) (Unidentified): Audience Q&A on Mantra roadmap and Brickken yields. Note: John referenced “Nicole” as being happy with an answer, but the questioner was not explicitly identified by name.
Session Overview
A concise AMA focused on Brickken’s tokenization-as-a-service (TaaS) platform, its doctrine of asset-agnostic token issuance via financial instruments, and the deepening integration with Mantra’s newly launched EVM. Key highlights included Brickken’s traction (300M+ worth of assets tokenized across 16 countries), their UX- and compliance-first SaaS model for issuers, and concrete ecosystem steps with Mantra (EVM deployment, cross-community eco drops, questing). Mantra’s leadership (JP) outlined a five-pillar roadmap, teased an October protocol-level milestone and a significant “Ohm” update post-Jan 15, and confirmed eco drops would take place on Mantra EVM. Brickken hinted at imminent airdrops for Omis and discussed expected yield mechanics for tokenized debt/equity opportunities.
Brickken: What It Is and the Problem It Solves
- Positioning: Tokenization-as-a-Service (since 2020), providing an end-to-end, “plug-and-play” SaaS stack for companies of any size and jurisdiction to digitize financial instruments and place them with investors.
- Problem Addressed: Historically high setup costs and one-off fee structures made tokenization inaccessible. Brickken’s SaaS infrastructure reduces friction, cost, and complexity, while prioritizing issuer and investor UX.
- Scope & Traction: 300M+ tokenized across 16 countries. Operates at the application layer, selecting the most suitable blockchain per client; now doubling down on Mantra EVM.
- Philosophy: “Tokenization is not the product; successful placement is.” The focus is the outcome—making issuance, distribution, compliance, and investor experience straightforward—while abstracting away blockchain complexity.
Unique Selling Points (USPs)
- Early mover: Among the first to build tokenization as a SaaS platform (versus one-off, high-fee deployments prevalent in 2020).
- UX-first: Hides blockchain complexity; issuers interact with intuitive workflows to structure, issue, and manage digital financial instruments.
- Jurisdictional depth: Practical experience across multiple countries, with an emphasis on legal-financial alignment and issuer pain points.
- Outcome-oriented: Optimized for investor placement and lifecycle management (not just on-chain minting).
Asset-Agnostic Approach and Financial Instrument Design
- Asset vs Instrument: The underlying asset (e.g., real estate, horse, franchise) is not the tokenized object per se; the on-chain instrument (debt, equity, revenue/profit-share) is what investors hold.
- Real estate example: Issuer could structure a bond/debt instrument offering a defined APY, collateralized or linked to the property/financing.
- Horse racing example: Investors may purchase a tokenized right to future winnings (a revenue/profit-sharing instrument), not the asset itself.
- Platform Flexibility: Brickken supports a range of structures (equity, debt, bonds, revenue shares), letting issuers present coherent “opportunities” with clear risk/return terms.
Team and Expertise
- Edwin: M&A lawyer with 10+ years in restructuring (Europe), bridging legal/financial expertise with blockchain.
- Co-founder: Lead security auditor at OpenZeppelin; authored a standard referenced as “79,43” (described in the talk as now the “Urla”), underscoring technical and security credibility in the RWA standardization domain.
- Organization: ~35-member team across finance, marketing, sales, and tech, treating tokenized capital markets as an “upgrade” to familiar capital market workflows.
Roadmap and Mantra Collaboration
- Mantra EVM Focus: Brickken’s ethos aligns with Solidity/EVM tooling. With Mantra EVM just launched, Brickken is “doubling down” on using it for client issuances.
- Near-Term Signals:
- Expect announcements over the coming days/weeks about deployments and initial TVL from tokenized assets across verticals on Mantra EVM.
- Coordinated efforts with Omis and Mantra around Token2049; “cooking something” jointly.
Community Engagement, Education, and Incentives
- Omis Participation: Brickken “became an Omi” by purchasing an OMI NFT (a brick-themed piece), symbolizing community alignment.
- Education: Emphasized that security tokens/RWAs bring lower-risk, steady-income instruments (e.g., bonds at ~15% APY) and are a major vector for institutional adoption beyond the top crypto assets.
- Rewards & Quests: Brickken plans reward programs and quests targeting the Omis community to onboard and educate users into RWA/tokenized instruments.
- Airdrops: Edwin all but confirmed Brickken (BKN) airdrops for the Omis community, signaling intent to convert community members into BKN holders via eco drops.
Mantra Ecosystem Updates (JP)
- Mantra EVM: Launched last week; foundation for ecosystem growth across DeFi and culture (OMI/Omis), with partners like Brickken at the forefront.
- Five Pillars Going Forward:
- Protocol: Mantra EVM is live; another major protocol milestone expected in October (teased as “round 2”).
- App Layer: Internal applications centered on Mantra Finance.
- Ecosystem: Cultivating leading partners (e.g., Brickken) and migrating OMI/Omis to EVM side for deeper integration.
- Mantra USC: Positioned as a major focal point in the ecosystem going forward.
- Ohm: Significant developments anticipated post January 15.
- Eco Drops: Confirmed that eco drops will occur on Mantra EVM.
- OMI Collection Migration: OMI NFTs moving from Cosmos to EVM. Stakedrop is being retired; a new questing platform will be introduced in the coming weeks. No need to continue staking OMI for rewards under the new model.
Q&A Highlights
- Community: Asked about Mantra’s near-term roadmap (Dec/Jan) and broader plan. JP reiterated the five pillars, the EVM launch, October protocol milestone, and major Ohm update post Jan 15; emphasized cross-pollination between DeFi and culture via partners like Brickken.
- Yield/APY on Brickken:
- Not a pooled product: Brickken lists issuer-specific opportunities (e.g., real estate bonds, franchise debt). Returns depend on the specific instrument/issuer.
- Typical Ranges: Edwin has seen offerings around 10–20% APY (example mention: 15% for bond-like instruments), often with defined terms (e.g., 12-month bond with monthly repayments).
- Tangible Underlying: These are claims linked to real, tangible assets and cash flows, aiming at lower risk and steady income versus pure utility tokens.
- Future Aggregation: Brickken is considering curated baskets/aggregators to present averaged yields across multiple opportunities.
Key Takeaways and Action Items
- Brickken is an established TaaS platform with material traction, bringing issuer- and investor-friendly tooling to RWA/security token markets.
- Asset-agnostic, instrument-centric: Investors buy on-chain financial instruments (debt/equity/revenue shares), not the raw asset.
- Mantra EVM is now the focal chain for joint initiatives: Expect Brickken deployments and early TVL growth on Mantra EVM in the coming days/weeks.
- Incentives and airdrops: Eco drops confirmed on Mantra EVM; Brickken hinted at BKN airdrops for Omis, with indications of an imminent drop (Edwin referenced a weekend drop).
- OMI migration: OMI collection moving from Cosmos to EVM; staking no longer required; new questing platform to be announced in the next couple of weeks.
- Timeline markers:
- Near term (days/weeks): Brickken deployments and eco drops on Mantra EVM; OMI questing platform details.
- October: Mantra protocol-level milestone (“round 2”).
- Post Jan 15: Major update related to Ohm.
Closing
The session underscored a strong, near-term execution path: Brickken scaling RWA issuances on Mantra EVM, Mantra enabling eco drops and EVM-based community mechanics, and both teams aligning education, rewards, and infrastructure to accelerate tokenized financial instruments for mainstream and institutional adoption.