Manta Network, a leading player in the crypto sphere, has had a busy year with several significant updates and developments. Launched with a focus on a
Zero-knowledge framework, the network raised
$50M through an ecosystem fund. In addition, it also opened
applications for season 2 of its Ambassador program. It teamed up with
Bonk for a meme-driven campaign on
Manta Pacific. Besides, the network has shown commitment to amplifying its ecosystem via the
$10 Million Meme Grant and entered into a strategic collaboration with
KALP DECENTRA FOUNDATION. Meanwhile, the Manta co-founder made significant allegations of discrimination against Polkadot; these claims have elicited various reactions across the market. Across the board, experts have been debating the place of Manta Network in a crypto investor's portfolio. With
BlackRock's BUIDL fund backing the Mountain Protocol's
wUSDM stablecoin, and the network launching the
MEMEta Season for community engagement, Manta seems to be paving the way toward a robust DeFi presence.
However, the network has not remained unscathed, with it being hit by a
DDoS attack shortly after the $MANTA token issuance, which predictably shook investor confidence. Its partnerships have grown, with the addition of Bella Protocol, aiming to redefine liquidity amidst the DeFi revolution. Amid all of this, Manta Network continues to expand on the potential of its multi-modular ecosystem for zk applications.
Manta Network News Analytics from Mon, 16 Oct 2023 07:00:00 GMT to Fri, 06 Sep 2024 15:10:57 GMT -
Rating 6
- Innovation 8
- Information 7
- Rumor 2
