PANews reported on April 14 that Rui, a member of HashKey Capital, and Ye Su, a founding partner of ArkStream Capital, broke the news on X that the crypto project MANTRA (OM) is a "ground-pushing 0TC" with an OTC market size of $500 million. It operates in a cycle of "new 0TC tokens taking over old 0TC selling orders" until the last unlocked chips "0TC does not move" explode.
According to reports, in 2023, when the OM token FDV fell to $20 million and was almost abandoned, a Middle Eastern capital intervened in the acquisition under the matchmaking of a middleman, retaining only the position of CEO. The Middle Eastern capital owns a large number of physical assets such as luxury homes and resorts, and then packaged OM into a physical asset tokenization (RWAfi) project. Ye Su said that under a high degree of control, OM set Binance's highest increase in 2024, achieving a 200-fold increase, and the team is still promoting the "0TC plate" business recently.
