MANTA

Manta Network, recognized as a significant project in the Binance Launchpool, is a modular blockchain platform designed for zero-knowledge (ZK) applications. Its ecosystem includes two primary layers: Manta Pacific and Manta Atlantic, each targeting different aspects of blockchain functionality and privacy.

Manta Pacific is a Layer 2 (L2) solution on the Ethereum blockchain, focusing on providing a low-cost, scalable environment for ZK-enabled decentralized applications (dApps). This layer is distinctive for its integration of Universal Circuits and OP Stack, which simplify the development of ZK-enabled dApps by offering tools like Solidity smart contracts for on-chain ZK logic and a typescript SDK for front-end integration. Manta Pacific is progressing towards integrating Celestia’s modular data availability (DA) to reduce gas fees for users further and transitioning to zkEVM (zero-knowledge Ethereum Virtual Machine), leveraging Polygon CDK to enhance network robustness and efficiency.

Manta Atlantic, on the other hand, operates as a Layer 1 solution on the Polkadot network, complementing Manta Pacific's functionalities. It supports modular on-chain compliance identities and offers a suite of core products and technologies for a range of ZK-enabled use cases.

The Manta Network ecosystem stands out for its user-friendly approach, offering tools and resources for both Web2 and Web3 developers. This includes APIs and SDKs designed for a modular plug-and-play experience, allowing developers to easily integrate Manta Network’s functionality into their applications. The network also emphasizes a seamless user experience by abstracting away complex aspects of Web3 technology, making it more accessible to a broader audience.

In terms of airdrops, Manta Network has garnered attention with its planned distribution of 50 million tokens to early participants, contributing to its growing Total Value Locked (TVL), which has recently surpassed $800 million.

Manta Network was founded by a team of experts from prestigious institutions like Harvard, MIT, and Algorand, and has received investments from top web3 funds, including Binance Labs and Polychain Capital. It has been listed on platforms like Gate.io, emphasizing its growing prominence in the decentralized finance (DeFi) and cryptocurrency landscapes.

For more detailed and updated information about Manta Network, it would be beneficial to explore their official website and follow their developments on relevant cryptocurrency platforms and news websites.