Manta Network is a prominent project in the realm of zero-knowledge applications, garnering community attention through enticing airdrop campaigns now.Manta Network has captured the community's attention recently with its OTC price soaring nearly 10 times and the potential for listing on Binance. The project is rolling out the first phase of the MANTA airdrop to users engaging with the project's products on Manta Pacific and Manta Atlantic. Users who access http://airdrop.manta.network/ to check eligibility for the airdrop.
The allocation plan for the airdrop (Manta Pacific, Manta Atlantic, and the community) is as follows:

• 3% of tokens (30,000,000 MANTA) are allocated for supporters and users within the Manta ecosystem across both Manta Atlantic and Manta Pacific.
• 2% (20,000,000 MANTA) was allocated as rewards.

What is the Manta network ??

Manta Network is constructing infrastructure to enable users to securely interact with zero-knowledge technology in the future. The project's mission is to provide the best experience for developers to optimize ZK applications. Manta Network is a modular blockchain ecosystem designed for ZK applications, consisting of two products: Manta Atlantic and Manta Pacific.

Features of Manta Network

High scalability, low transaction fees Recomended

Manta Pacific utilizes solutions from Celestia and OP Stack, providing exceptional scalability and low gas fees. Manta Pacific is an optimal environment for building and deploying ZK applications.

Enhanced applicability for ZK technology

Manta Pacific, with its Universal Circuits feature, becomes a ZK library that supports developers.

Developer-friendly

Projects can leverage Manta's privacy-preserving tools across various blockchains, even within web2 and mobile app environments. SDKs and proof keys offer more integration-friendly solutions for on-chain identities.

Limiting personal information leakage during KYC

Manta Network's ZkSBT allows users to verify without trust or centralization. Users can perform on-chain KYC without disclosing personal information.

The main products of Manta Network

Manta Atlantic

Manta Atlantic is a layer 1 blockchain on Polkadot Chain, providing identity and authentication for Web3 through zkSBT. Manta Atlantic supports on-chain identification, offering core products including zkNFT, staking projects, and a user-friendly access rights ecosystem.

Manta Atlantic enables projects to interact without dealing with encryption processes. The infrastructure of Manta Atlantic includes a system of public account addresses and private addresses using UTXO technology called zkAddress. zkAddress has the capability to protect on-chain authentication information and off-chain identity.

Manta Pacific

Manta Pacific is a layer 2 blockchain on Ethereum designed for ZK-compatible EVM applications, launched by Manta Network in September 2023.

Manta Pacific features low gas fees and high scalability through zkEVM technology and Celestia's available data solution. The Universal Circuits feature allows for easy development of ZK applications using the Solidity programming language.

The Manta Network ecosystem

Manta Network has been developing quite rapidly, especially after the launch of Manta Pacific.

Just Layer 2 of Manta Pacific alone has gathered quite a comprehensive range of fields such as DeFi, metaverse, gaming, bridge... On the contrary, the ecosystem of the Manta Atlantic is still relatively modest compared to the Manta Pacific.

Information about MANTA token

• Token name: Manta Network
• Symbol: MANTA
• Blockchain: Polkadot
• Total supply: 1,000,000,000 MANTA

Utilities:

• Staking
• Burning
• Governance

Allocation:

• Mint Mining: 38%
• Long-term development fund: 18%
• Support unit: 16.5%
• Strategic round token sale: 4.5%
• Public token sale: 8%
• Team: 10%
• Advisors: 5%

The development team

The development team of Manta Network consists of several highly experienced experts in the cryptocurrency market.

• Shumo Chu (co-founder): Assistant Professor at UC Santa Barbara specializing in system research at Algorand. Chu has collaborated with numerous world-renowned crypto researchers.

• Kenny Li (co-founder & COO): MBA graduate from MIT Sloan with over 10 years of experience in startup development. Li has worked on various blockchain projects.

• Victor Ji (co-founder): Harvard Master's in Economics, President of the Blockchain and Cryptocurrency Club at Harvard Kennedy School.

Investors and Partners

Manta Network has raised $60 million, with participation from Binance Labs, Polychain Capital, ParaFi, Spartan, among others. The project continues to expand its network of partners, collaborating with numerous prominent projects in the market.

Conclusion

Manta Network develops Manta Atlantic and Manta Pacific to facilitate further growth and adoption of web3 in the future. The airdrop program and the proactive efforts of the development team have propelled Manta Network into a prominent position within the current market landscape.