Manta Foundation $50M EcoFund Now Open to Applications

Manta Network
5 min readJun 13, 2024

The Manta Foundation is excited to announce the opening of the Manta Foundation $50 million EcoFund, aimed at fostering a thriving ecosystem of leading blockchain projects. Through the EcoFund and Ecosystem Grant Program, we offer funding opportunities and developer support to innovative projects looking to make their impact.

This is your opportunity to join the most hardworking team in the Web3 space. As Mantalorians, we take immense pride in our dedication, hard work, and community-first approach. If your values align, join the EcoFund today and let us support your growth every step of the way.

Ready to Take Your Project to the Next Level? Apply here

Manta Network embraces the power of a global and diverse community. No matter where you are in the world, you can apply for the Manta Network EcoFund today and join us in building the Mantaverse.

The $50 million allocation will last for one year starting from June 15th. All applicants who successfully receive our grant or direct investment will fall under the EcoFund Program.

Manta Network Ecosystem Grant Program

Springboard for Early-Stage Projects

The Manta Foundation EcoFund includes the Manta Network Ecosystem Grant Program, designed to empower early-stage projects with grants of up to $50,000, offering the crucial initial funding to transform your ideas into reality.

We are committed to nurturing the potential of projects, ensuring that even the smallest ideas have the chance to flourish. You will join a talented community that values hard work, innovation, and collaboration, providing the ideal environment for your team to thrive.

Diverse Focus

We support a wide range of projects across sectors like DeFi, Gaming, NFTs, and more, ensuring a dynamic and multifaceted ecosystem.

Continuous Application Process

Applications are accepted on a rolling basis, providing continuous opportunities for funding and support.

Focus on Ecosystem Fit

We seek projects that will drive consumer adoption and contribute to the growth of Manta Network, fostering a collaborative and mutually beneficial environment.

Strategic Investment: Manta Network EcoFund

Supercharge Your Growth

The EcoFund, a $50 million pool, provides direct investment in native applications and technology partners, offering substantial resources to propel high-growth ventures.

We invest in projects whose vision aligns with Manta Network’s long-term goals, fostering a collaborative ecosystem where we all work towards a shared future.

Focus on High-Growth Potential

We target projects with a clear path toward market disruption and significant growth, ensuring their long-term success within our ecosystem.

Scalability is key. Your project should demonstrate a robust business model designed for long-term success, ensuring the financial health and sustainability of the ecosystem.

Bifurcation of Funds

The $50 million EcoFund is strategically allocated to maximize its impact:

Investment

$35 million is allocated to direct investment in promising projects building on Manta Network. This portion fuels the development of core applications and technological advancements within the ecosystem.

Manta Network Ecosystem Grant Program

$10 million will support specific areas of interest within the ecosystem through providing grants. This includes AI/DePin, Zero-Knowledge, Memes, and more. This allocation targets specific areas with high growth potential and strategic importance.

AI/DePIN

We believe in the transformative power that AI and Decentralized Physical Infrastructure Networks (DePIN) hold in driving innovation, enhancing efficiency, and creating sustainable solutions for the future.

Zero-Knowledge

As the largest ZK modular L2, we are committed to finding solutions that advance privacy and security through zero-knowledge technology. Our investments in this area aim to develop secure and scalable applications that uphold the highest standards of confidentiality.

Memecoins

The Moon Mission Grant provides a significant opportunity to develop and accelerate your meme project on Manta Pacific. The memecoin era on Manta Pacific has begun, and now is the ideal time for projects to apply and become part of the first memecoin wave.

These grants not only offer the chance to create and develop unique applications but also to experiment and grow new types of applications and uses within the space. As we focus on fostering a strong community culture, standout projects have the potential to build and lead the memecoin culture of Manta Pacific.

General Grants

No matter which sector you belong to — be it GameFi, DeFi, Social, or beyond — if your project demonstrates a product-market fit then we are interested. We support a diverse range of initiatives through our general grants, fostering creativity and growth across the Manta ecosystem.

Events & Hackathons

$5 million towards online and offline events and hackathons to attract new developers and users, and cultivate a culture of innovation. This allocation fosters a vibrant developer community by providing opportunities for collaboration, learning, and showcasing ideas.

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 was 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.

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Manta Network

Manta Pacific, the First Modular L2 | Backed by PolyChain, Binance Labs | 🤝 Celestia, Polygon, LayerZero