Concluding 💃🕺MantaFest
Thank you to the community for all of your involvement!
Over the past several weeks, MantaFest has provided an engaging experience for Manta Pacific users all around the world. Participating in MantaFest allowed users to try out many of the new dapps onboarded and launched within the ecosystem. Users engaged in dapps across several categories of bridging, DeFi, SocialFi, and entertainment.
Today, MantaFest has officially concluded. As part of the campaign, users were able to collect points and certain limited-edition NFTs commemorating some of the large partnerships we unveiled including Polygon for zkEVM, LayerZero for asset bridging, Space ID for on-chain domain services, and QuickSwap for decentralized swapping.
The Growth of Manta Pacific
In just a little over two months since launch, Manta Pacific has grown to one of the largest OP Stack L2s, just under Base and Optimism. The total value locked in the ecosystem at the moment sits above $27 million with over 100 ecosystem projects onboarded. Manta Pacific will continue to achieve further growth, with more and more projects onboarded on a weekly basis.
The growth and excitement around Manta Pacific continues to build as community members all around the world get involved in trying out the onboarded dapps. Moving forward, we have some other exciting activities as well that are being cooked up alongside some newly introduced projects. Stay tuned for some additional activities!
On the infrastructure side, we are planning to integrate Celestia at the end of this year to modularize our data availability, which drives lower gas costs for each transaction happening on the network. Upon the completion of that transition, Manta Pacific will officially transition into Stage 2 of its mainnet.
More Exciting Ways to Get Involved
While MantaFest has concluded, many new dapps and partnerships continue to emerge in the Manta Pacific ecosystem. Additional activities and engagements are just around the corner, and you can stay tuned on the Twitter account to stay updated on the latest news!
About Manta Network
Manta Network is the modular blockchain for zero-knowledge (ZK) applications. Manta Pacific is the modular L2 ecosystem for EVM-native ZK applications and dapps that want to deliver the lowest cost and best experience for users. Leveraging Manta’s Universal Circuits to enable ZK-as-a-Service, and Celestia’s data availability for modularity to deliver low gas fees, Manta Pacific offers the perfect environment for ZK-enabled applications. Learn more about Manta Pacific here.
Manta Network is created by a team of experienced founders from prestigious institutions, including Harvard, MIT, and Algorand. Manta Network has received investments from many of the top web3 investment funds, including Binance Labs and Polychain Capital. It has grown through participation in the best web3 accelerators, including Alliance DAO and Berkeley Blockchain Xcelerator. Manta Network is poised to bring the next generation of web3 users and usher in a new chapter of privacy-focused web3 applications.
