Decentralized Network Manta Network Launches Airdrop Campaign
Manta Network, a decentralized network, has recently announced the launch of its “Into The Blue” incentive campaign. This campaign introduces an airdrop of the MANTA crypto to all contributors of the cryptographic ecosystem. After three years of research and development, Manta Pacific has become a successful layer-2 blockchain with a TVL of approximately $750 million.
What is Manta Pacific?
Manta Network is an emerging web3 infrastructure that is about to launch its native crypto, “MANTA,” to all the main contributors of its ecosystem. It is a network developed based on the OP Stack software components and is supported by VC such as Binance Labs and Polygons Labs. Manta Network focuses on data privacy and offers on-chain KYC verification without the need for sensitive personal information.
Manta’s Technical Components
Manta Network consists of two parts: Manta Pacific, which is a layer-2 Ethereum blockchain optimized for ZK native applications, and Manta Atlantic, which is a layer-1 ZK Polkadot blockchain focusing on cryptographic identities and programmable credentials.
Airdrop of MANTA Crypto
Manta Network will be releasing an airdrop of the new crypto token, MANTA, to all the main stakeholders and early adopters of the Manta Pacific layer-2. The airdrop will be conducted through an on-chain distribution as part of the “Into The Blue” incentive campaign. A total of 50 million MANTA tokens will be distributed, equivalent to 5% of the circulating supply. Eligible users will have 172 days to claim their tokens.
Eligibility and Rewards
The airdrop rewards will be divided into two categories: 30 million MANTA tokens allocated as airdrop rewards to supporters and users in the Manta ecosystem, and 20 million MANTA tokens allocated as bonus rewards in a “great treasure hunt” organized by the project. Celestia (TIA) stakers will also be entitled to redeem the MANTA crypto airdrop.
Hot Take: Manta Network’s Airdrop Campaign
Manta Network’s “Into The Blue” incentive campaign, featuring an airdrop of the MANTA crypto, aims to reward contributors and inject liquidity into its ecosystem. This campaign comes after three years of successful development for Manta Pacific. With its focus on data privacy and innovative technology, Manta Network is positioning itself as a leading player in the web3 infrastructure space. The airdrop provides an opportunity for early adopters and stakeholders to benefit from their support of the network. As Manta Network continues to grow, it will be interesting to see how it further decentralizes its infrastructure and expands its ecosystem.
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