Manta Network MANTA Price

What is Manta Network (MANTA)?

Innovative Blockchain Platform: Manta Network's Mission

Manta Network (MANTA) is a groundbreaking blockchain platform focused on enhancing privacy and scalability for decentralized applications (dApps) on Ethereum. Launched in 2020 by Victor Ji, Shumo Chu, and Kenny Li, Manta Network has quickly emerged as a key player in the web3 domain, attracting investments from top entities like Binance Labs and Polychain Capital.

Two Distinct Layers: Manta Pacific and Manta Atlantic

The network comprises two key layers: Manta Pacific and Manta Atlantic. Manta Pacific, a Layer 2 solution on Ethereum, offers EVM-native Zero-Knowledge (ZK) applications with features like Universal Circuits for simplified Solidity-based development. It leverages Celestia for data availability and zkEVM for scalability, ensuring low gas fees and high efficiency.

Privacy and Interoperability: Manta Atlantic's Focus

On the other hand, Manta Atlantic, a Layer 1 solution on Polkadot, focuses on ZK compliance credentials and introduces zkSBTs for a private, reusable, and auditable address system. This layer emphasizes interoperability, enabling smooth interactions with other projects and supporting various applications like zkNFTs and staking.

Economic Model: Advanced Yield Generation

Manta Network's economic model revolves around advanced yield generation, offering diversified yield sources, token rewards, and an engaging NFT framework. The network's governance is driven by the MANTA token, allowing holders to vote on proposals and participate in network staking to secure the network and earn rewards.

Revolutionizing the Web3 Landscape

With a developer-friendly approach and a commitment to user privacy, Manta Network is poised to revolutionize the web3 landscape. Its innovative use of zero-knowledge cryptography, coupled with strategic partnerships and a strong developer community, positions it as a key player in the future of decentralized applications.

What is unique about Manta Network (MANTA)?

Manta Network stands out for its innovative approach to privacy and scalability, offering two distinct layers, Manta Pacific and Manta Atlantic, which cater to different needs in the Web3 development landscape. It focuses on providing user-friendly developer tools and advanced cryptographic solutions, making it a versatile platform for a wide range of applications.

Who are the founders of Manta Network (MANTA)?

Manta Network was founded in 2020 by Victor Ji, Shumo Chu, and Kenny Li, and is a venture of P0x Labs. The founders bring a wealth of experience from prestigious institutions, including Harvard, MIT, and Algorand, to the project.

Who are the backers/investors of Manta Network (MANTA)?

Manta Network has attracted significant investment from top entities in the web3 sector, such as Binance Labs and Polychain Capital. It is also supported by prestigious accelerators in the web3 domain, including Alliance DAO and Berkeley Blockchain Xcelerator.

Where can I buy Manta Network (MANTA)?

You can buy Manta Network (MANTA) on Binance, BitgetMEXCBybitGate.io cryptocurrency exchanges.