Mandala Project Update Notes
Mandala Project Update Notes
Overview and context
- Community update from Mandala about latest developments, openness to timelines, and behind-the-scenes work with government partners and institutions.
- Open Gov referendum funded MVPs to keep project work within the Polkadot ecosystem; aim to maximize value for the community and government use cases.
- Four main use cases referenced in Open Gov referendum; a video covering these use cases was posted on the Mandala X account for those who prefer video format.
- Gratitude to the community for patience as timelines and partnerships with government entities are navigated.
MVP status and use cases (three completed MVPs; ID chain is upcoming in roadmap)
Milestone claim: three main MVPs have been completed; these enable ongoing deployments within the Mandala ecosystem and government use cases. Status note: ID chain is described as a later component on the roadmap and is treated as an upcoming sister chain.
Joyn (MVP 1)
Description: A cooperative network of banks, Credit Unions, and micro-finance lenders across Indonesia.
Rationale: Not all of Indonesia is covered by national banks; Joyn unites local lending facilities into a single network.
On-chain role: All joining members' proofs are recorded on the Mandala mainnet; proofs lodged as the cooperative aggregates and uses blockchain for the first time in this network.
CraftLabs (MVP 2)
Description: Initiative by the Ministry of Creative Economy in Bali to track and verify authenticity of digital products.
On-chain proof: Government-issued digital certificates are stored on-chain to prove authenticity, materials, and supply chain details.
Use cases: Customs verification, origin verification (e.g., “Made in Bali” or “Made in Indonesia”).
Deployment: Built as an MVP and ready to deploy on the Mandala mainnet.
Java chain (MVP 3)
Description: A sovereign chain for one of Indonesia’s largest provinces; population around residents.
Structure: Solo (standalone) chain run by the government with geographically distributed nodes for security; interoperable with Mandala.
On-chain integration: Accessible via Mandala chain; native token interoperable across Mandala and Java chain.
Status: Built with block explorer available; ready for government custody and deployment of applications.
ID chain (Upcoming on roadmap; described as last MVP in this segment)
Description: A sister chain to Mandala chain; main ID solution.
Governance and control: Run by a state-owned entity owning the dot ID domain system.
Roadmap: Planned mainstream release in for wide government adoption and usage by multiple entities.
Interoperability: Will roll up to Mandala and provide interoperability, contributing to a unified Mandala ecosystem.
Current status: In business development and roadmap planning; built as a standalone chain and intended to bridge into Mandala.
Ecosystem architecture and interoperability
- Mandala ecosystem comprises:
- Mandala mainnet as the core network.
- Mandala application chains (sovereign/side chains) that are fully interoperable with the mainnet.
- Parachain architecture concept enabling cross-chain communication and value transfer.
- Java chain and ID chain are designed to be interoperable with Mandala and accessible through Mandala chain interfaces.
- The overarching goal: one harmonious Mandala Network with interconnected components, enabling government, enterprise, and community use cases.
- Practical implication: Separate chains (sovereign/side/application chains) maintain security and local governance while contributing to the broader Mandala ecosystem.
Funding, value, and community return
- Open Gov funding enabled MVPs and milestones; milestone-based proof that governance-backed funding can accelerate ecosystem growth.
- The team emphasizes delivering value to the Polkadot ecosystem beyond mere user growth, exploring ways to return value to the community and ecosystem participants.
- Expect further announcements on how this funding will translate into tangible ecosystem value.
Tokenomics and vesting updates
- Context: It has been approximately since the first parachain slot auction; token launch timelines have been a frequent community question.
- Message from the team: Delays are attributable to working with government entities and ensuring a successful deployment rather than neglect.
- Proposed changes: New tokenomics with shorter vesting periods and more tokens available at the Token Distribution Event (TDE); improved unlock terms for parachain participants and participants in the PolyMet round.
- Communication plan: A blog post will explain the updated tokenomics and unlock terms soon.
- Intent: To reward patient supporters and maintain momentum while ensuring a robust, government-inclusive deployment.
Public sale, TGE, and mainnet timeline
- Public round and TGE plan:
- A public round is planned to occur imminently with a public sale for the native token, KepeNG (KPG).
- Public sale is described as the last chance to get early access to KepeNG.
- After the public sale closes, a Token Generation Event (TGE) will occur, and the mainnet will go live shortly thereafter.
- KepeNG (KPG)
- Description: Native token of the Mandala ecosystem; symbol KPG.
- History: KepeNG was formerly the currency of the region before fiat currency replaced it.
- Reintroduction: Mandala aims to reintroduce KepeNG as the native currency of the Mandala ecosystem.
- Event location and timing:
- A CoinFest event is planned in Bali, Indonesia, in the near term to celebrate the public sale and Polkadot ecosystem activity in Indonesia.
- The event starts on the of the month and will feature community and partnerships alongside the public sale.
- Roadmap and expectations:
- Following the public sale and TGE, mainnet go-live is anticipated to occur quickly, with press and community updates detailing partnerships and applications launching in tandem.
Community engagement and opportunities
- Call to action for attendees:
- Visitors are invited to Bali to celebrate CoinFest, witness the public sale, and engage with Mandala and broader Polkadot ecosystem initiatives.
- Global outreach:
- Beyond Indonesia, Mandala is pursuing relationships and deployments in other regions and markets as part of its ecosystem growth strategy.
Practical implications and takeaways
- Four main use cases have been highlighted for Open Gov funding and MVP deployment, with three completed and one upcoming on the roadmap.
- The ecosystem architecture emphasizes interoperability across mainnet and side chains, enabling diverse governmental and enterprise use cases.
- Tokenomics adjustments are intended to address investor and participant expectations, reduce vesting risk, and align incentives with ecosystem growth.
- Public sale and TGE are positioned as a pivotal milestone toward broader adoption and mainnet activation.
Key definitions and terms (glossary)
- Mandala mainnet: The core blockchain layer for the Mandala ecosystem.
- Mandala application chains: Sovereign/side chains that interoperate with the mainnet.
- Parachain: A component of the Polkadot ecosystem enabling interoperability between different chains.
- KeepNG (KPG): The native token of the Mandala ecosystem; formerly a regional currency; reintroduced as the ecosystem’s currency.
- Open Gov: Government-driven funding and governance framework enabling MVP development and ecosystem validation.
- TDE: Token Distribution Event (token unlock and distribution event).
- ID chain: Proposed sovereign chain for the dot ID domain system; planned mainstream release in .
- Java chain: Sovereign chain for a major Indonesian province; standalone with official government control; interoperable with Mandala.
Links and references (where to follow up)
- Mandala X account: Video detailing four main use cases and progress (video posted on the Mandala X account).
- Official website: For public round information, tokenomics details, and roadmap updates.
- Bali CoinFest: Event details for the public sale celebration and ecosystem outreach.
Note on status accuracy: The transcript states that