đ Gem Project Analysis!đ #Polkadot & #Modular Ecosystem Layer-2 Gem Project Manta Network (MANTA) đ
đ Manta Network! A privacy-focused multi-modular ecosystem for zero-knowledge (ZK) applications!
1⣠Introduction and Overview: Manta Network is a privacy-focused multi-modular ecosystem for zero-knowledge (ZK) applications. Itâs emerging as a strong contender in the world of digital currencies, with a focus on privacy, scalability, and secure transactions.
2⣠Technology and Features: Manta Network is a modular blockchain built on the Ethereum network. It offers a scalable and secure platform for ZK applications. It leverages advanced cryptographic techniques to ensure that transactions remain confidential and secure.
3⣠Use Case: The MANTA token is the native utility token of the networks created by the Manta project. It gives holders governance rights, can be staked to help secure the network and earn rewards, and is also the currency used for paying transaction fees.
4⣠Team and Leadership: P0x Labs, the team behind Manta Network, has reached a $500 million valuation following a $25 million Series A funding round. The team has strong capability in both cryptography research and development, as well as ecosystem building and execution.
5⣠Partnerships: Manta Network has secured several partnerships to expand its presence. For instance, multi-chain block explorer Loree announced support for the Manta Network on its platform.
6⣠Tokenomics: The total supply of MANTA at Genesis is 1,000,000,000 tokens, with a yearly minting rate of 2% starting from Token Genesis. The MANTA token can be used in the Manta ecosystem to serve as native liquidity and collateral.
7⣠Exchanges: MANTA tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Manta Network is Binance. Other popular options include KuCoin, Bybit and many more.
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