All You Need To Know About Manta Network

Privacy Solutions and Multi Modular Networks are becoming strong narratives.

Manta Network has all of this included. Here is what you need to know

🪧 What Is Manta Network

🪧 Privacy and zkSBT

🪧 Manta Atlanta and Pacific

🪧 $MANTA Tokenomics

However, Various Investors are interested in this project and have raised lots of funds to make this possible this includes Binance Labs, Polychain Capital and other Web3 Investors.

Manta Network is a privacy focused Blockchain network and a multi-modular ecosystem for zero-knowledge (ZK) applications by providing confidential transaction for Decentralized Application and Protocols

Manta Network Consists of 2 Main Network

👾 Manta Atlanta

👾 Manta Pacific

This two networks aim to solve important issues in Blockchain technology such as Privacy and Scalability by building a Multi Modular ecosystem consist of L1 and L2 Blockchain.

Manta Atlantic is a Privacy focused Layer 1 Blockchain Network that uses zkSBT to create Web3 Credentials and Identities.

Most Interesting Fact, This technology can make lots of projects have usable identities without dealing with any cryptography work.

zkSBT are Soul Bound Tokens or NFTs that can be used as a credential for ownership and access to protocols with a guaranteed privacy. It uses ZK Address technology which makes it more unique.

This means each SBTs has its own Private addresses. For Instance, You are a verified user on Binance and you were able to mint a BABT NFT as a proof into your Onchain wallet. This isn’t private enough, It’s just a proof !

Imagine, you need to confirm yourself as a holder of BABT Token through a Protocol, You will have to connect your wallet before it becomes detected. Thereby exposing your wallet to vulnerability or privacy violation.

With zkSBT you only need to render your ZK Address. Each ZKAdress is linked to wallet. If the protocol adopts Manta Technology. The ZkAdress gives them access to determine if you are the owner of this credentials.

ZkAdress is comprises of major keys and address. Such as

Viewing Key
Proof key
Secret key

Manta Network's NPO (NFT Private Offering Platform) is an NFT/SBT launchpad for minting NFTs/SBTs on zkAddress privately using the Manta Network Technology. Enables you to mint your zkSBTs into your wallet.

Manta Pacific is built compatible with EVM using the ZK technology.

Manta Network is building a multi-modular platform. It will be accessible to Solidity and Rust developers without the need to learn new programming languages.

Previously, Since Manta team already build on ZK then this is applied directly into a scalable EVM environment specifically designed for deploying ZK applications by Leveraging on Celestia for data availability and the OP Stack for scalability. However, since the project is focused on building ZK technology for Maximum scalability.

Manta Network recently adopted Polygon CDK instead of Op Stack to provide high scalability and low transaction fees for ZK applications.

Tokenomics has been confirmed.
$MANTA will have a total supply of 1,000,000,000 and will be an utility token for the Manta Network ecosystem, Reward Mechanism, Governance Vote on proposal by staking, Incentives for Miners, etc.

However, there have been a lot of airdrop discussion from communities. Manta hasn't officially announced Airdrop but it might happen depending on team decision.

Leveraging on Manta Technology will be a great benefit.

Furthermore, The airdrop potential of $MANTA will be a good strategy and reward for active community and early supporters.

These airdrops could be your chance to become part of the next generation of web3 pioneers.

Leveraging on this might give you potential Airdrop :

Manta L1 (Claiming zkSBT and staking on Atlantic)

Manta L2 ( Official Bridge, Contract Deployment, Quest and Interactions)

Polygon CDK ( Transaction of Polygon zkEVM)

Note that : This above are speculative

Manta Network has built a world of privacy and scalability in the Web3 world. Leveraging on this technology will be an advantage for projects and Protocols.

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