What is Manta Network (MANTA)

1. Project Introduction
Manta Network (MANTA) is a modular ecosystem designed for the next generation of dApps. It currently offers two networks: Manta Pacific and Manta Atlantic. Manta Pacific is a modular L2 ecosystem built on Ethereum, providing a scalable and low-gas environment for next-generation dApps, allowing applications to surpass the limitations of traditional EVM (Ethereum Virtual Machine) environments. Manta Atlantic, the fastest ZK L1 chain on Polkadot, brings programmable ZK-driven on-chain identity DIDs and credentials to Web3 through zkSBTs. As of August 2024, 256 projects have already been deployed in the Manta Network ecosystem.
Summary: Manta Network offers an unparalleled environment to meet the scalability demands of dApps. The ecosystem takes a modular approach to address the ever-changing needs of the dApp market, experiencing explosive growth over the past year.
2. Team & Investment Info
Manta Network was co-founded by Victor Ji and Kenny Li in 2020, as part of the founding team at p0xeidon Labs (p0xeidon.xyz). This team consists of top developers from around the world, with a mission to build Web3 privacy, believing that privacy is a fundamental right. They strive to create and deploy tools that make privacy widely accepted through zero-knowledge proofs.
Funding: Manta Network secured over $60 million in funding with a $500 million valuation in its Series A round, covering seed, seed round, community, and Series A financing stages. Notable investors include Polychain Capital, DeFiance Capital, and Qiming Venture Partners, providing financial support for its development. Additionally, strategic backing from Binance Labs further highlights the network's significant position in the industry.
3. Social Media URLs
X: https://x.com/MantaNetwork
Telegram: https://t.me/mantanetworkofficial
Discord: https://discord.com/invite/mantanetwork
4. Token Info
Token Symbol: MANTA
Total Supply: 1,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x95CeF13441Be50d20cA4558CC0a27B601aC544E5
Token Distribution:
Airdrop: 5.6%
New Paradigm (Airdrop 2): 6.5%
Binance Launchpool: 3%
Public Sale: 8.00%
Private Round: 12.94%
Strategic Investors: 6.17%
Institution Investors: 5.00%
Ecosystem/Community: 21.19%
Foundation Treasury: 13.50%
Team: 10.00%
Advisors: 8.10%
5. Related Links
Official Website: https://manta.network/
GitHub: https://github.com/Manta-Network
Other Info: https://mantanetwork.medium.com/the-manta-pacific-roadmap-d09a9d918553