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MANTA – Everything You Need to Know and Why I'm Optimistic About It!
In 2023, Manta Network has experienced explosive growth, characterized by remarkable advancements, revolutionary product launches, and an unwavering commitment to innovation in zero-knowledge (ZK) technology. As a revolutionary modular ecosystem suitable for ZK applications, Manta Network has achieved a milestone as the first EVM-equivalent ZK application platform. The ecosystem provides unparalleled experience for developing and adopting advanced web3 applications, thanks to its efficient use of ZK cryptography. Today we'll take a look at the Manta Network ecosystem, exploring its journey to success and what's in store for the network in the future. With a Series A valuation of $500 million, Manta Network has raised over 60 million dollars in pre-seed, seed, community, and Series A funding stages. Notable investors such as Polychain Capital, DeFiance Capital, and Qiming Venture Partners have contributed to its growth. Binance Labs’ strategic support highlights the network’s importance in the industry. Founded in 2020 by Victor Ji and Kenny Li, the founding team, operating under p0x Labs, Manta Network received initial support from a Web3 Foundation grant, marking the beginning of its journey. Stemming from a visionary initiative aimed To overcome the constraints of current blockchain solutions, Manta Network introduces a multimodular ecosystem composed of two blockchain networks. These networks provide advanced ZK tools, streamlining the deployment of ZK applications — Manta Pacific and Manta Atlantic.