Manta Network Expands in Key Asian Markets: Korea and Hong Kong

Manta Network
3 min readJan 18, 2024

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Manta Network is taking significant steps to broaden its influence and operational capacity in Asia, with a keen focus on Korea and Hong Kong. This strategic move is part of the network’s broader vision to invest in and nurture the most prospective regions for its growth and development.

Strengthening Ties with Korea

Korea has emerged as a pivotal market for Manta Network. Korean-led projects are currently driving a substantial portion of the network’s Total Value Locked (TVL) and on-chain activities, signaling the region’s vital role in the growth of the network’s ecosystem. The robust engagement and participation from the Korean community have boosted the network’s activities and reinforced its commitment to investing further in the region.

Recognizing this, Manta Network is funding a branch in Korea. The branch aims to foster closer ties with local projects, understand and cater to the unique needs of the Korean market, and facilitate the seamless integration of Manta Network’s offerings with the local web3 landscape.

Hong Kong: A New Frontier for Growth

Hong Kong represents a new and exciting frontier for Manta Network. Known for its dynamic and rapidly growing web3 community, Hong Kong offers immense potential for Manta Network’s expansion. The region’s openness to innovation and technological advancements makes it an ideal environment for blockchain and web3 projects.

Manta Network aims to tap into this vibrant ecosystem by establishing a branch in Hong Kong. The goal is to collaborate with local developers, entrepreneurs, and enthusiasts to create and support projects that resonate with the needs and aspirations of the Hong Kong web3 community.

A Commitment to Community Development

Central to Manta Network’s expansion strategy is the commitment to supporting and developing local communities in these regions. The network believes in the power of grassroots movements and community-driven projects to propel the adoption and advancement of web3 technologies.

In both Korea and Hong Kong, Manta Network plans to engage with local communities through educational initiatives, collaborative projects, and direct support for promising local ventures. This approach is not only about expanding Manta Network’s reach but also about contributing to the broader development of the web3 ecosystem in Asia.

Looking Forward

As Manta Network continues to expand its presence in Korea and Hong Kong, the focus remains on creating sustainable, mutually beneficial relationships with local communities and stakeholders. We are excited about the possibilities these regions hold and are committed to being an active participant in their web3 journeys.

Expanding into Korea and Hong Kong marks a significant milestone for Manta Network. It reflects the network’s dedication to its global vision while underscoring the importance of local engagement and support. With this balanced approach, Manta Network is poised to make a lasting impact in the Asian web3 landscape.

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